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Stock impact report

Newell Brands Announces Second Quarter 2017 Results

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Business Wire
Net Sales Growth +5.1%; Core Sales Growth +2.5% Reported EPS $0.46, +53.3%; Normalized EPS $0.87, +11.5% HOBOKEN, N.J.--(BUSINESS WIRE)-- Newell Brands Inc. (NYSE:NWL) announced its second quarter 2017 financial results today. Second Quarter 2017 Executive Summary Net sales growth of 5.1 percent to $4.1 billion; core sales growth of 2.5 percent. Reported diluted earnings per share of $0.46 compared with $0.30 in the prior year, benefiting from core sales growth, cost synergies and Project Renewal savings, the absence of the negative impact of inventory step-up related to the acquired Jarden businesses in the prior year and contributions from acquisitions. These benefits more than offset increased investment in e-commerce, brand development and insights, negative foreign currency impacts, an increase in intangibles amortization, an impairm Show less Read more
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