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Company Profile
Newell Brands Inc. (NASDAQ:NWL) is a company founded in 1903 with a diverse portfolio of products that includes many household brands and operates in various segments such as writing, home solutions, commercial products, baby and parenting, outdoor and recreation, and process solutions.
Business segments (Company’s filing)
Key Takeaways from Q1 2023 Earnings:
We will start with the highlights of its Q1 earnings. In Q1 2023, the company decreased its revenues by 24%, further decelerating from Q4 2023. Gross margin contracted more severely, and SG&A expenses deleveraged more than in Q4. Inventory was down 7%. The management held a more pessimistic view, and clearly, the company underperformed more than t…
Read the full article at: https://seekingalpha.com/article/4598055-newell-brands-2023-restructuring-plan-valuation