Reported about 8 hours ago
Newell Brands Inc. reported a disappointing first-quarter earnings report with a small adjusted loss per share, leading to a 7.45% decline in stock value. The company revealed that a potential 125% China tariff could impact its earnings significantly if it persists, although they are optimistic about mitigation strategies. Despite the setback, Newell maintains its adjusted EPS guidance for FY2025, indicating expectations for future sales and performance.
Source: YAHOO