Newell Brands Inc. (NWL) saw its stock fall 5.06% in Friday's pre-market trading session, following the company's fourth-quarter earnings release that missed revenue estimates and provided a disappointing outlook for 2025.
The consumer products company reported net sales of $1.95 billion for the fourth quarter of 2024, down 6.1% from the same period a year ago. This figure fell short of analysts' expectations of $1.96 billion. The decline in sales was attributed to unfavorable foreign exchange rates, lower sales volumes, and certain business exits.
For the full year 2025, Newell Brands expects net sales to decline by 4% to 2%, with core sales ranging from a 2% decline to a 1% increase. The company also provided a normalized earnings per share (EPS) guidance range of $0.70 to $0.76 for 2025, which was lower than analysts' estimates.
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