Why Newell Brands Shares Are Slumping Today

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Newell Brands Inc. (NASDAQ:NWL) shares are trading lower on Friday.

The company reported fourth-quarter revenues of $2.076 billion, beating the analyst consensus of $1.980 billion. Revenues fell 9.1% year over year.

The Home & Commercial Solutions segment generated net sales of $1.3 billion compared with $1.4 billion in the prior year period.

The Learning & Development segment generated net sales of $635 million compared with $684 million in the prior year period.

The Outdoor & Recreation segment generated net sales of $165 …

Full story available on Benzinga.com


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