Latest news with #NewellBrandsInc
Yahoo
8 hours ago
- Business
- Yahoo
Newell Brands (NWL) Gets 10.3% Boost from Adobe Partnership
Newell Brands Inc. (NASDAQ:NWL) is one of the . Newell Brands snapped a three-day losing streak on Monday, jumping 10.31 percent to close at $5.78 apiece as investors cheered its partnership with Adobe for the integration of artificial intelligence into its operations. In a statement late last week, Newell Brands Inc. (NASDAQ:NWL) said that it adopted Adobe's generative AI—Adobe Firefly Services, Firefly Custom Models, and Adobe Express—to scale its e-commerce and digital marketing operations. Initial findings showed that content production for Paper Mate packaging accelerated by 75 percent while time to create social assets for its Oster products reduced by 33 percent with Adobe Express, according to Newell Brands Inc. (NASDAQ:NWL). In other news, Newell Brands Inc. (NASDAQ:NWL) earned a more bullish rating from JPMorgan, assigning the company with an 'overweight' rating, an upgrade from 'neutral' previously, citing business improvement. A technician inspecting a commercial kitchen appliance in a factory line. For its part, UBS maintained a 'neutral' stance with a price target of $5, citing uncertainties on category growth which could limit the pace and magnitude of a potential top line recovery. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 hours ago
- Business
- Yahoo
JPMorgan Sees Upside as Newell Brands Inc. (NWL) Regains Its Footing
Newell Brands Inc. (NASDAQ:NWL) is among the best bear market stocks to buy according to analysts. Analysts at JPMorgan raised the price target for Newell Brands Inc. (NASDAQ:NWL) to $7.00 from $6.00, while upgrading the stock from Neutral to Overweight. This was after the consumer goods giant showed signs of a strong rebound stemming from accelerated innovation speed, strengthened ties with major retailers, and even further prospects for growth. Despite the tariff drama, Newell Brands Inc. (NASDAQ:NWL) is exhibiting improved operating income and productivity from restructuring. The firm underscored the company's manufacturing footprint as a competitive edge, with around fifteen U.S. facilities and two Mexican plants. A technician inspecting a commercial kitchen appliance in a factory line. JPMorgan pointed out that the company exhibits tariff advantage in around 19 product categories, in contrast to its peers, who mainly source from outside. Since Newell Brands Inc. (NASDAQ:NWL) offers both branded rivals and private label products, this advantage means the company would be well-positioned in the market. Newell Brands Inc. (NASDAQ:NWL) is a Georgia-based company that develops, produces, and markets consumer and commercial products globally. Founded in 1903, the company has three main segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. With a focus on innovation and consumer needs, the company is dedicated to lighting up every moment for its customers. While we acknowledge the potential of NWL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
23-05-2025
- Business
- Yahoo
Newell's Innovations & Other Strategies Encouraging: Apt to Hold
Newell Brands Inc. NWL appears well-poised for growth on the back of its robust business strategies. Management has been evaluating opportunities to optimize the category mix and drive growth within each business unit. NWL's corporate strategy is also encouraging. The company has been executing its corporate strategy, which aims at investing in innovation, brand-building and go-to-market excellence across its profitable brands and markets. It also focuses on achieving standardization and efficiencies within the supply chain and other office-related is enhancing its front-end commercial capabilities through consumer-driven innovation. In the Baby business, the company introduced the Graco SmartSense Soothing Bassinet and Swing. This product detects and responds to a baby's cries with sound and motion. Its innovation pipeline remains on track. Management expects stronger top-line results in the back half of 2025 compared with the front half, given the timing of its innovation launches and distribution addition, the company's operating model, designed to accelerate the corporate strategy by driving organizational effectiveness and agility alongside developing a high-performing and innovative culture, is encouraging. Newell is making progress in its business development, enhancing its brand organizational realignment looks to strengthen its front-end commercial capabilities, including consumer understanding and brand communication. Apart from improving accountability, the Realignment Plan will unlock operational efficiencies and cost savings, lower complexity and free up funds for priorities focus on improving margins by leveraging cost savings to offset inflation and marketing investments. The company also aims to reduce debt and improve cash flow while funding key restructuring projects to boost sustainable growth. It has secured notable wins in food storage and vacuum ceiling bags. Management expects lower commodity and input cost inflation, favorable foreign exchange, solid productivity results and select pricing efforts to offset the elevated tariff costs. Newell has been witnessing a challenging macroeconomic environment and the cumulative impact of inflation. This has led to muted demand for discretionary and durable products. It has also been grappling with sluggishness in its Outdoor & Recreation segment for a while. Additionally, factors like the rising U.S. dollar, changing tax policies and potential tariffs add complexity to the business sensitivity analysis highlights that if the 125% tariff rate is in effect for the full year and is not mitigated, it might lower its 2025 normalized earnings per share (EPS) by nearly 20 cents. The company anticipates 2025 sales to drop in the range of 2-4% year over year. It now expects core sales to decline 1-3% compared with the earlier anticipation of a 2% decrease to a 1% increase. For the second quarter, both the net sales and core sales are expected to dip in the range of 3-5%. The company expects a normalized EPS in the band of 21-24 cents, down from 36 cents earned in the year-earlier quarter. It now expects category growth to drop 1-2%, given the soft consumer confidence levels and more muted macroeconomic expectations. Newell's aforesaid strategic initiatives will continue to deliver growth ahead. Strategic pricing in the international markets has considerably mitigated inflation and currency translation impacts. In the past month, shares of this manufacturer and marketer of consumer and commercial products have risen 10.2% compared with the industry's 2.6% growth. Image Source: Zacks Investment Research The Zacks Consensus Estimate for EPS is currently pegged at 69 cents for 2025 and 71 cents for 2026. These estimates indicate growth of 1.5% and 2.6%, respectively, year over year. NWL currently carries a Zacks Rank #3 (Hold). Nomad Foods NOMD, which manufactures frozen foods, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter earnings surprise of 5%, on average. The Zacks Consensus Estimate for Nomad Foods' current financial-year EPS indicates growth of 3.1% from the year-ago number. United Natural Foods UNFI, which is a distributor of natural, organic and specialty food in the United States, currently carries a Zacks Rank #2 (Buy).UNFI delivered a trailing four-quarter earnings surprise of 408.7%, on average. The Zacks Consensus Estimate for UNFI's current financial-year sales and EPS indicates growth of 1.9% and 485.7%, respectively, from the year-ago numbers. Utz Brands UTZ manufactures salty snacks under popular brands and has a Zacks Rank of 2 at present. UTZ delivered a trailing four-quarter average earnings surprise of 8.8%. The Zacks Consensus Estimate for UTZ's current financial-year sales and EPS implies growth of 1.2% and 10.4%, respectively, from the year-ago numbers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newell Brands Inc. (NWL) : Free Stock Analysis Report United Natural Foods, Inc. (UNFI) : Free Stock Analysis Report Nomad Foods Limited (NOMD) : Free Stock Analysis Report Utz Brands, Inc. (UTZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Why Newell Brands Inc. (NWL) Soared Today
We recently published a list of . In this article, we are going to take a look at where Newell Brands Inc. (NASDAQ:NWL) stands against other stocks that soared by double digits today. The stock market kicked off the trading week brimming with optimism after the US and China announced a tariff truce on each other's goods. The tech-heavy Nasdaq booked the largest gains among the three major indices, rallying 4.85 percent. The S&P 500 followed with a 3.26-percent increase, and the Dow Jones, with 2.81 percent. Over the weekend, the US and China reached a 90-day deal to lower tariffs on each other's imports. US taxes on Chinese imports will drop to 30 percent from 145 percent previously, while China's tariffs on US imports will drop to 10 percent from 125 percent earlier. Beyond the major indices, 10 companies finished the week stronger, booking double-digit gains during the day. In this article, we name Monday's 10 top performers and detail the reasons behind their strong performance. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A technician inspecting a commercial kitchen appliance in a factory line. Newell Brands Inc. saw its share prices jump as high as 17.43 percent at intra-day trading on Monday before ending the day up by 15.13 percent at $6.01 apiece following news that it plans to raise as much as $1 billion in fresh funds through a private offer. According to the company, part of the proceeds will be used to redeem $1 billion worth of outstanding senior notes due in 2026, while the balance will be allocated for payments of related fees and expenses in connection with the offering and redemption. In other recent news, Newell Brands Inc. (NASDAQ:NWL) declared a quarterly cash dividend of 7 cents per share for all common stockholders as of record date May 30, 2025. The dividends are payable on June 13, 2025. Newell Brands (NASDAQ: NWL) is one of the leading global consumer goods companies that owns brands, namely Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex, and Campingaz. Overall, NWL ranks 8th on our list of stocks that soared by double digits today. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NWL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-05-2025
- Business
- Yahoo
Why Newell Brands Inc. (NWL) Soared On Thursday
We recently published a list of . In this article, we are going to take a look at where Newell Brands Inc. (NASDAQ:NWL) stands against other top performers on Thursday. The stock market ended strong anew on Thursday, with all major indices finishing in the green territory, as investor sentiment was bolstered by a flurry of corporate earnings supported by better-than-expected performance from the technology giants. The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.52 percent. The S&P 500 clocked in a 0.63-percent gain, while the Dow Jones was up by 0.21 percent. Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year. In this article, we have identified the 10 top performers on Thursday and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A technician inspecting a commercial kitchen appliance in a factory line. Newell Brands grew its share prices by 8.16 percent on Thursday to close at $5.17 apiece as investor sentiment was buoyed by the company's maintained business outlook for the rest of the year despite posting dismal earnings performance during the past quarter. In the company's latest earnings release, Newell Brands Inc. (NASDAQ:NWL) Chief Finance Officer Mark Erceg said that the company's 'series of swift interventions,' including targeted pricing actions, incremental cost reduction efforts, and rapid sourcing decisions, brings confidence that it can fully offset the US tariffs and foreign retaliatory tariffs currently in place, other than the 125-percent US tariffs on China, and maintain its original 2025 full year net sales, operating margin and EPS guidance ranges. In the first three months, Newell Brands Inc. (NASDAQ:NWL) widened its net loss by 311 percent to $37 million from $9 million in the same period last year, while net sales dropped by 5.3 percent to $1.566 billion from $1.653 billion year-on-year. Overall, NWL ranks 4th on our list of top performers on Thursday. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NWL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
