Newell Brands Stock Sinks After Forecasting 2025 Sales Drop

Dow Jones

Feb 07

By Dean Seal

Shares of Newell Brands slumped after the company said it expects sales to decline in 2025.

The stock was down 27% at $7.12 in early trading. Shares have had a volatile 12 months, jumping as high as $11.78 and falling as low as $5.39.

The maker of Yankee Candle and Sharpie pens said sales are projected to fall 2% to 4% this year. Analysts polled by FactSet had been forecasting sales to be about flat with last year.

Chief Executive Chris Peterson said the macroeconomic backdrop remains uncertain and that there's still much work to be done as Newell progresses with a turnaround strategy launched last year.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

February 07, 2025 09:55 ET (14:55 GMT)

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Shares have had a volatile 12 months, jumping as high as $11.78 and falling as low as $5.39. \n</p>\n<p>\n  The maker of Yankee Candle and Sharpie pens said sales are projected to fall 2% to 4% this year. Analysts polled by FactSet had been forecasting sales to be about flat with last year. \n</p>\n<p>\n  Chief Executive Chris Peterson said the macroeconomic backdrop remains uncertain and that there's still much work to be done as Newell progresses with a turnaround strategy launched last year. \n</p>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 07, 2025 09:55 ET (14:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWL","symbol_name":"纽威","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509742765","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509742765","pubTimestamp":1738940100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Newell Brands slumped after the company said it expects sales to decline in 2025.The stock was down 27% at $7.12 in early trading. Shares have had a volatile 12 months, jumping as high as $11.78 and falling as low as $5.39.The maker of Yankee Candle and Sharpie pens said sales are projected to fall 2% to 4% this year. Analysts polled by FactSet had been forecasting sales to be about flat with last year.Chief Executive Chris Peterson said the macroeconomic backdrop remains uncertain and that there's still much work to be done as Newell progresses with a turnaround strategy launched last year.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NWL":"纽威"},"translate_title":"Newell Brands预测2025年销售额下降后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWL":1},"content_text":"By Dean Seal \n\n\n  Shares of Newell Brands slumped after the company said it expects sales to decline in 2025. \n\n\n  The stock was down 27% at $7.12 in early trading. Shares have had a volatile 12 months, jumping as high as $11.78 and falling as low as $5.39. \n\n\n  The maker of Yankee Candle and Sharpie pens said sales are projected to fall 2% to 4% this year. Analysts polled by FactSet had been forecasting sales to be about flat with last year. \n\n\n  Chief Executive Chris Peterson said the macroeconomic backdrop remains uncertain and that there's still much work to be done as Newell progresses with a turnaround strategy launched last year. \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 07, 2025 09:55 ET (14:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}