Newell Brands plunges on sales decline. CEO optimistic for 2025.
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Newell Brands' stock dropped over 27% after reporting mixed Q4 results. While EPS beat estimates, sales fell short, causing investor concern. The CEO remains optimistic for 2025.
February 07, 2025 | 10:00 pm
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Newell Brands' stock fell over 27% due to mixed Q4 results. EPS exceeded expectations, but sales missed, leading to investor disappointment.
The significant drop in Newell Brands' stock price is attributed to the mixed earnings report. Although EPS was slightly above expectations, the sales shortfall was a key factor in the negative market reaction. The CEO's optimism for 2025 did not mitigate the immediate impact of the sales decline.
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