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Stock impact report

Newell Brands- A Potential Turnaround Could Be Pushed Back Even Further [Seeking Alpha]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
NWL, which has seen topline decline for 15 straight quarters, will see a continuation of this trend in Q1, while the Q2 bounceback may not be as buoyant. Retailer replenishment is unlikely to be as strong, while the international businesses could be staring at higher operating costs, which will also impact EBITDA growth and net leverage levels. NWL's dividend yield stands out at 8.5% and is likely to be well-covered by projected free cash flow, appealing to income-focused investors. Technical signals remain strongly bearish at this juncture, and the stock's reaction near a pivot low could be key. Introduction Newell Brands ( NWL ), a diversified consumer goods company that markets and sells its broad product portfolio (see image below to get a better sense of its product categories) in over 150 countries across the globe (although over 60% of sales are still in the U.S.), has proven to be a source of wealth destruction for investors for a while now. For instance, over the Show less Read more
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