NWL - Newell Brands: Core Sales And Margins Moving In The Right Direction
2024-05-13 16:32:38 ET
Summary
- Newell Brands' 1Q24 core sales decline of 4.8% exceeded expectations, signaling a positive sales improvement.
- I expect core sales to continue improving from here.
- Gross margin performance was strong, and the margin outlook is healthier, supporting potential margin expansion in the future.