Newell Brands에 대한 매도 수량은 투자자에게 Newell Brands의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Newell Brands (NASDAQ:NWL) 주식, 공매도 수량 보고

Newell Brands

NYSE

Newell Brands Inc is an American global consumer goods company. The business activities of the group function through three segments namely, Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The learning and Development segment generates revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.

Newell Rubbermaid

Newell Rubbermaid Inc.

Equities

News

Previews

Tech

Trading Ideas

ABBV

AGYS

ASML

BJRI

CHKP

CHTR

CMCSA

DECK

GATX

GOOG

GOOGL

JNPR

NFLX

NXPI

ODFL

ORLY

SKYW

SPOT

TSLA

VRSN

S&amp;P 500 기업들 중 약 14%가 6월 분기 실적을 발표했으며, 더 넓은 지수를 구성하는 기업들의 혼합 실적 성장률은 여전히 ​​양호하다. 이번 주에는 기술 보고 시즌이 공식적으로 시작될 것이며, 이는 최근 주에 가파른 하락세를 보인 시장의 향방을 잠재적으로 결정할 수 있다.

테슬라, 알파벳, GM 및 포드가 이번 주 실적 발표 주도하며 상승세 유지 위해 고군분투

Newell Brands Inc

NETWEALTH GROUP LTD by Netwealth Group Ltd

Nuveen Winslow Large-Cap Growth ESG ETF

NATIONAL WESTN LIFE INS CO CL A

NEWLINK TECHNOLOGY INC by NEWLINK TECHNOLOGY INC

Newlink Technology Inc

NEWLOX GOLD VENTURES by NEWLOX GOLD VENTURES

Newlox Gold Ventures Corp

WIIM

Newell Brands shares are trading higher after Canaccord Genuity and Wells Fargo raised their respective price targets on the stock.

Wells Fargo analyst Chris Carey maintains Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) with a Equal-Weight and raises the price target from $8 to $9.

Price Target

Analyst Ratings

Wells Fargo Maintains Equal-Weight on Newell Brands, Raises Price Target to $9

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Monday.
Shares of PROCEPT BioRobotics Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCT#NASDAQ">PRCT</a>) rose sharply during Monday's session after the company reported better-than-expected third-quarter financial results and raised its <a href="https://www.benzinga.com/quote/PRCT/earnings">FY24 revenue guidance</a>.
PROCEPT BioRobotics shares jumped 25% to $85.87 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Monte Rosa Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLUE#NASDAQ">GLUE</a>) shares jumped 60.5% to $7.85 after the company announced a global license agreement with Novartis to advance VAV1 MGDs. The company will receive a $150 million upfront payment and is eligible for additional milestone payments.</li>
<li>EyePoint Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYPT#NASDAQ">EYPT</a>) gained 33.6% to $12.69 after the company showed early trial data for DURAVYU for diabetic macular edema and announced improving vision and anatomy.</li>
<li>Revance Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVNC#NASDAQ">RVNC</a>) shares gained 25.5% to $5.89 after the company announced it entered into the sixth amendment to its exclusive distribution agreement with Teoxane.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) gained 19.5% to $6.36.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) rose 15.3% to $44.91. The stock may be moving amid possible volatility as traders evaluate his chance of winning the 2024 presidential election.</li>
<li>Prothena Corporation plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTA#NASDAQ">PRTA</a>) surged 15.3% to $17.66.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) gained 13.8% to $11.09. Ladenburg Thalmann analyst Glenn Mattson initiated coverage on Serve Robotics with a Buy rating and announced a price target of $16.</li>
<li>Vera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERA#NASDAQ">VERA</a>) rose 12.1% to $46.05 after the company reported 96-week eGFR stabilization on Saturday for its Phase 2b study of IgAN patients with Atacicept.</li>
<li>MINISO Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NASDAQ">MNSO</a>) gained 10.3% to $19.21.</li>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) rose 10.2% to $7.03.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) gained 9% to $18.03.</li>
<li>Newell Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) rose 8.3% to $9.45. Canaccord Genuity analyst Brian McNamara maintained Newell Brands with a Buy and raised the price target from $12 to $13.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) gained 7% to $251.00 amid a rise in Bitcoin.</li>
<li>MARA Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) rose 6.3% to $18.14 amid a rise in Bitcoin.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41570746/top-3-real-estate-stocks-that-may-surge-in-q4">Top 3 Real Estate Stocks That May Surge In Q4</a></li>
</ul>

Earnings

Intraday Update

Markets

Movers

EYPT

GLUE

IBRX

MARA

MNSO

MSTR

PRCT

PRTA

RVNC

SERV

VERA

WULF

PROCEPT BioRobotics Posts Strong Q3 Earnings, Joins Monte Rosa Therapeutics, EyePoint Pharmaceuticals And Other Big Stocks Moving Higher On Monday

Canaccord Genuity analyst Brian McNamara maintains Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) with a Buy and raises the price target from $12 to $13.

Canaccord Genuity Maintains Buy on Newell Brands, Raises Price Target to $13

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling around 200 points on Friday.
The Dow traded down 0.49% to 42,166.64 while the NASDAQ rose 0.69% to 18,543.06. The S&amp;P 500 also rose, gaining, 0.12% to 5,816.55.
Check This Out: <a href="https://www.benzinga.com/news/24/10/41545103/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-delivering-high-dividend">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields</a>
Leading and Lagging Sectors Communication services shares rose by 0.7% on Thursday.
In trading on Thursday, utilities shares fell by 1.2%.
Top Headline
The total number of active U.S. oil rigs fell by two to 480 rigs this week, Baker Hughes Inc reported.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Upexi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPXI#NASDAQ">UPXI</a>) shares shot up 255% to $10.65 after the company said it is currently reviewing trading activity to determine if recent activity involved possible stock manipulation.</li>
<li>Shares of Newell Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) got a boost, surging 21% to $8.71 after the company reported third-quarter financial results and raised its 2024 guidance.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) shares were also up, gaining 13% to $50.07 following a report alleging that a judge blocked the company&#8217;s proposed acquisition of Capri. The company issued a statement on the ruling saying it intends to appeal the decision.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Joby Aviation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>) shares dropped 16% to $5.08 after the company priced its $202 million public offering of 40 million common shares at $5.05 per share.</li>
<li>Shares of Capri Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) were down 48% to $21.42 following a report alleging that a judge blocked the company from being acquired by Tapestry. The company intends to jointly file Tapestry a notice of appeal regarding the court&#8217;s decision.</li>
<li>Evolv Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVLV#NASDAQ">EVLV</a>) was down, falling 43% to $2.3550 after the company announced that shareholders and others should not rely upon certain of the Company&#8217;s previously issued financial statements and that it will delay filing its Quarterly Report.</li>
</ul>
Commodities In commodity news, oil traded up 2.3% to $71.80 while gold traded up 0.3% at $2,757.10.
Silver traded up 0.3% to $33.880 on Friday, while copper rose 0.4% to $4.3675.
Euro zone
European shares closed mixed today. The eurozone's STOXX 600 slipped 0.03%, Germany's DAX gained 0.11% and France's CAC 40 fell 0.08%. Spain's IBEX 35 Index fell 0.23%, while London's FTSE 100 fell 0.25%.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei 225 falling 0.60%, Hong Kong's Hang Seng Index gaining 0.49%, China's Shanghai Composite Index gaining 0.59% and India's BSE Sensex falling 0.83%.
Foreign exchange reserves held by the Reserve Bank of India declined to $688 billion as of Oct. 18, from $704.9 billion in the final week of September.
Economics
<ul>
<li>The University of Michigan consumer sentiment for the US rose to 70.5 in October compared to a preliminary reading of 68.9.</li>
<li>U.S. durable goods orders fell by 0.8% to $284.8 billion in September compared to a revised 0.8% fall in August.</li>
<li>The total number of active U.S. oil rigs fell by two to 480 rigs this week, Baker Hughes Inc reported.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41543029/top-3-materials-stocks-that-may-explode-in-october">Top 3 Materials Stocks That May Explode In October</a></li>
</ul>

Eurozone

Commodities

CPRI

EVLV

JOBY

UPXI

Crude Oil Surges Over 2%; Newell Brands Shares Spike Higher

U.S. stocks were mixed, with the Nasdaq Composite gaining around 100 points on Friday.
Shares of Booz Allen Hamilton Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) rose sharply during Friday's session after the company reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/10/41543105/government-and-military-contractor-booz-allen-clocks-strong-q2-performance-backlog-expands-to-41-3b">quarterly EPS and sales.</a>
Booz Allen Hamilton reported fiscal second-quarter adjusted EPS of $1.81, topping the analyst consensus estimate of $1.49. Quarterly sales of $3.15 billion, up 18% year-on-year, beat the street view of $2.97 billion. The backlog grew by 17.7%, reaching $41.3 billion, while the quarterly book-to-bill ratio stood at 2.61x.
Booz Allen Hamilton shares jumped 10% to $183.21 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) shares jumped 49.6% to $6.30. ImmunityBio recently announced it dosed its first patients in its Phase 1 clinical study of CAR-NK cell therapy for relapsed B-Cell Non-Hodgkin Lymphoma.</li>
<li>Fitell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) gained 32.4% to $29.50.</li>
<li>Newell Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) climbed 22.8% to $8.81 after the company reported third-quarter financial results and raised its 2024 guidance.</li>
<li>ZEEKR Intelligent Technology Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NASDAQ">ZK</a>) gained 21.5% to $28.08.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) gained 13.3% to $50.37 following a report alleging that a judge blocked the company&#8217;s proposed acquisition of Capri. The company issued a statement on the ruling saying it intends to appeal the decision.</li>
<li>Sangamo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) rose 11.7% to $1.6650.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) gained 11.2% to $38.85.</li>
<li>AppFolio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPF#NASDAQ">APPF</a>) gained 10.4% to $211.98 after the company reported better-than-expected quarterly financial results and raised its FY24 revenue guidance. Also, Piper Sandler maintained an Overweight rating on the stock.</li>
<li>Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) rose 10.2% to $167.53 after the company reported better-than-expected second-quarter financial results.</li>
<li>Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) gained 10.2% to $182.01 after the company reported better-than-expected third-quarter FFO results and raised its FY24 FFO guidance.</li>
<li>Saia, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) gained 9.2% to $452.58 following strong quarterly sales.</li>
<li>Boyd Gaming Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) surged 6.7% to $68.60 after the company reported better-than-expected quarterly financial results.</li>
</ul>
Now Read This: 
<a href="https://www.benzinga.com/news/24/10/41545983/this-ppl-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-friday">This PPL Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday</a>

APPF

FTEL

SAIA

SGMO

Booz Allen Posts Upbeat Q3 Earnings, Joins Deckers Outdoor, Saia, Boyd Gaming And Other Big Stocks Moving Higher On Friday

<h3>Gainers</h3>
<ul>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) stock increased by 37.4% to $0.79 during Friday's regular session. The market value of their outstanding shares is at $227.3 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) shares increased by 27.91% to $28.5. The market value of their outstanding shares is at $572.9 million. </li>
<li>Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) stock rose 25.0% to $8.97. The company's market cap stands at $3.7 billion. As per the press release, Q3 earnings came out today. </li>
<li>ZEEKR Intelligent Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) shares rose 21.85% to $28.16. The company's market cap stands at $6.9 billion. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YYAI#NASDAQ">YYAI</a>) shares rose 17.01% to $5.67. The market value of their outstanding shares is at $36.5 million. </li>
<li>Tapestry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) stock rose 14.3% to $50.83. The market value of their outstanding shares is at $11.8 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Capri Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) stock fell 47.3% to $21.91 during Friday's regular session. The company's market cap stands at $2.5 billion. </li>
<li>Premium Catering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PC#NASDAQ">PC</a>) shares decreased by 19.06% to $0.67. The company's market cap stands at $10.7 million. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) stock declined by 13.43% to $0.74. The market value of their outstanding shares is at $9.6 million. </li>
<li>Mohawk Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHK#NYSE">MHK</a>) stock declined by 12.73% to $132.55. The market value of their outstanding shares is at $8.3 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) stock fell 10.67% to $2.01. The market value of their outstanding shares is at $1.3 million. </li>
<li>Nxu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) shares decreased by 10.58% to $0.54. The market value of their outstanding shares is at $6.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EEIQ

GNLN

NWTN

Connexa Sports Technologies Inc. - Common Stock

YYAI

12 Consumer Discretionary Stocks Moving In Friday's Intraday Session

Newell Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) shares are trading higher after the company reported third-quarter financial results and<a href="https://www.benzinga.com/pressreleases/24/10/b41540888/newell-brands-announces-third-quarter-2024-results" target="_blank" rel="noreferrer noopener"> raised its 2024 EPS guidance.</a>
The company reported adjusted earnings per share of 16 cents, in line with the street view. Normalized diluted earnings per share included a negative 2 cents impact associated with a company&#8217;s normalization practice change.
Quarterly sales of $1.947 billion (down 4.9%) missed the analyst consensus estimate of $1.958 billion.
Pricing in international markets to offset inflation and currency movements was a meaningful contributor to the company&#8217;s core sales performance.
Also Read:<a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41542781/colgate-palmolive-beats-q3-earnings-amid-market-share-gains-and-margin-expansion-raises-2024-outloo" rel="noreferrer noopener"> Colgate-Palmolive Beats Q3 Earnings Amid Market Share Gains And Margin Expansion, Raises 2024 Outlook</a>
Normalized gross margin increased to 35.4% compared with 30.7% in the prior year period, representing the fifth consecutive quarter of year-over-year improvement.
Normalized operating margin increased to 9.5% compared with 7.4% in the prior-year period. Normalized EBITDA increased to $250 million compared with $218 million in the prior year period.
Newell Brands reported debt of $5.0 billion and cash and cash equivalents of $494 million, down from $5.1 billion and $396 million, respectively, in the year-ago period.
Mark Erceg, Newell Brands Chief Financial Officer, said, &#8220;Importantly, outstanding productivity and cost reduction efforts drove third quarter gross margin to the highest level achieved since 2020 on both a GAAP and normalized basis…Given strong third quarter results, we are increasing our 2024 normalized operating margin, normalized earnings per share and operating cash flow outlook for the second time this year.&#8221;
Outlook: Newell Brands expects its FY24 normalized EPS to be between 63 cents and 66 cents (estimate: 65 cents), an increase from the previous range of 60 cents to 65 cents. The company continues to <a href="https://www.benzinga.com/calendars/guidance">expect FY24 net sales to decrease by 7% to 6%.  </a>
Newell Brands expects its fourth-quarter normalized EPS to be between 11 cents and 14 cents (estimate: 13 cents) and its net sales to decline by 7% to 4%.
Price Action: NWL shares are trading higher by 26.1% to $9.05 at last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/earnings-beats/24/10/41549888/deckers-outdoor-posts-q2-beat-analysts-say-hoka-shoe-company-could-maintain-robust-g" target="_blank" rel="noreferrer noopener">Deckers Outdoor Posts Q2 Beat, Analysts Say Hoka Shoe Company Could Maintain &#8216;Robust Growth Trajectory&#8217;</a></li>
</ul>

Guidance

General

Newell Brands Q3 Earnings: Margins Hit Highest Levels Since 2020, Boosts 2024 EPS Outlook & More

<h3>Gainers</h3>
<ul>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) stock increased by 60.5% to $0.79 during Friday's pre-market session. The market value of their outstanding shares is at $33.3 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares moved upwards by 41.02% to $0.39. The market value of their outstanding shares is at $3.5 million. </li>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) shares moved upwards by 25.49% to $2.51. The market value of their outstanding shares is at $31.0 million. </li>
<li>Tapestry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) stock increased by 15.35% to $51.3. The company's market cap stands at $11.9 billion. </li>
<li>Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) shares increased by 13.13% to $172.01. The company's market cap stands at $26.2 billion. As per the news, the Q2 earnings report came out yesterday. </li>
<li>Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) stock rose 11.14% to $7.98. The market value of their outstanding shares is at $3.3 billion. As per the news, the Q3 earnings report came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Capri Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) stock declined by 47.2% to $21.95 during Friday's pre-market session. The company's market cap stands at $2.5 billion. </li>
<li>Coursera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>) stock decreased by 21.92% to $5.95. The market value of their outstanding shares is at $932.9 million. The company's, Q3 earnings came out yesterday. </li>
<li>Nxu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) shares fell 15.52% to $0.51. The market value of their outstanding shares is at $6.1 million. </li>
<li>Forward Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORD#NASDAQ">FORD</a>) shares declined by 12.65% to $3.11. The market value of their outstanding shares is at $3.4 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares fell 10.35% to $1.3. The market value of their outstanding shares is at $7.2 million. </li>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) shares decreased by 9.67% to $0.3. The company's market cap stands at $6.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COUR

FFIE

FORD

JFBR

LGCB

TKLF

ZCMD

12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) stock increased by 60.5% to $0.79 during Friday's pre-market session. The market value of their outstanding shares is at $33.3 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares rose 41.02% to $0.39. The company's market cap stands at $3.5 million. </li>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) shares rose 25.49% to $2.51. The company's market cap stands at $31.0 million. </li>
<li>Tapestry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) shares moved upwards by 15.35% to $51.3. The market value of their outstanding shares is at $11.9 billion. </li>
<li>Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) stock increased by 13.13% to $172.01. The company's market cap stands at $26.2 billion. As per the news, the Q2 earnings report came out yesterday. </li>
<li>Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) shares increased by 11.14% to $7.98. The company's market cap stands at $3.3 billion. The company's, Q3 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Capri Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) stock fell 47.2% to $21.95 during Friday's pre-market session. The market value of their outstanding shares is at $2.5 billion. </li>
<li>Coursera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>) shares fell 21.92% to $5.95. The company's market cap stands at $932.9 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Nxu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) shares fell 15.52% to $0.51. The company's market cap stands at $6.1 million. </li>
<li>Forward Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORD#NASDAQ">FORD</a>) shares fell 12.65% to $3.11. The market value of their outstanding shares is at $3.4 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares fell 10.35% to $1.3. The market value of their outstanding shares is at $7.2 million. </li>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) stock declined by 9.67% to $0.3. The market value of their outstanding shares is at $6.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Newell Brands shares are trading higher after the company reported Q3 financial results and raised its 2024 guidance.

Newell Brands Sees FY24 Normalized EPS $0.63-$0.66 (Up From $0.60-$0.65 Prior)

Earnings Misses

Newell Brands Q3 2024 Normalized Diluted EPS $0.16, Inline, Sales $1.947B Miss $1.958B Estimate

Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is preparing to release its quarterly earnings on Friday, 2024-10-25. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Newell Brands to report an earnings per share (EPS) of $0.16.
The market awaits Newell Brands's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS beat by $0.15, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at Newell Brands's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.21</td>
<td>-0.07</td>
<td>0.17</td>
<td>0.23</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.36</td>
<td>0</td>
<td>0.22</td>
<td>0.39</td>
</tr>
<tr>
<td>Price Change %</td>
<td>41.0%</td>
<td>12.0%</td>
<td>-19.0%</td>
<td>-10.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729778518_0.png" alt="eps graph" />
<h3>Tracking Newell Brands's Stock Performance</h3>
Shares of Newell Brands were trading at $7.32 as of October 23. Over the last 52-week period, shares are up 9.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Newell Brands</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Newell Brands.
A total of 6 analyst ratings have been received for Newell Brands, with the consensus rating being Neutral. The average one-year price target stands at $9.58, suggesting a potential 30.87% upside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of Dream Finders Homes, Century Communities and Green Brick Partners, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Neutral trajectory for Dream Finders Homes, with an average 1-year price target of $38.0, indicating a potential 419.13% upside.</li>
<li>The consensus outlook from analysts is an Buy trajectory for Century Communities, with an average 1-year price target of $107.5, indicating a potential 1368.58% upside.</li>
<li>Green Brick Partners is maintaining an Neutral status according to analysts, with an average 1-year price target of $78.0, indicating a potential 965.57% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
Within the peer analysis summary, vital metrics for Dream Finders Homes, Century Communities and Green Brick Partners are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Newell Brands</td>
<td>Neutral</td>
<td>-7.76%</td>
<td>$699M</td>
<td>1.46%</td>
</tr>
<tr>
<td>Dream Finders Homes</td>
<td>Neutral</td>
<td>11.68%</td>
<td>$202.91M</td>
<td>7.69%</td>
</tr>
<tr>
<td>Century Communities</td>
<td>Buy</td>
<td>23.13%</td>
<td>$235.90M</td>
<td>3.43%</td>
</tr>
<tr>
<td>Green Brick Partners</td>
<td>Neutral</td>
<td>22.87%</td>
<td>$189.67M</td>
<td>7.67%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Newell Brands ranks at the bottom for Revenue Growth among its peers. It is also at the bottom for Gross Profit. However, it is in the middle for Return on Equity. Overall, Newell Brands lags behind its peers in terms of revenue growth and gross profit performance.
<h3>About Newell Brands</h3>
Newell Brands Inc is an American global consumer goods company. The business activities of the group function through three segments namely, Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The learning and Development segment generates revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.
<h3>Newell Brands: Financial Performance Dissected</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Challenges: Newell Brands's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -7.76%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Newell Brands's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 2.21%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Newell Brands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.46%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Newell Brands's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.37%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.81, caution is advised due to increased financial risk.
<a href="https://www.benzinga.com/quote/NWL/earnings">To track all earnings releases for Newell Brands visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Newell Brands

JP Morgan analyst Andrea Teixeira maintains Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) with a Neutral and lowers the price target from $9 to $8.

JP Morgan Maintains Neutral on Newell Brands, Lowers Price Target to $8

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$150.00</td>
<td>$27.4K</td>
<td>7.1K</td>
<td>3.9K</td>
</tr>
<tr>
<td>NWL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$7.00</td>
<td>$116.2K</td>
<td>54</td>
<td>3.0K</td>
</tr>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$250.00</td>
<td>$232.4K</td>
<td>9.3K</td>
<td>2.3K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$100.00</td>
<td>$26.8K</td>
<td>5.7K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$175.00</td>
<td>$45.0K</td>
<td>302</td>
<td>1.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$106.3K</td>
<td>42.3K</td>
<td>998</td>
</tr>
<tr>
<td>FL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$32.50</td>
<td>$50.7K</td>
<td>1.2K</td>
<td>923</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$11.00</td>
<td>$34.2K</td>
<td>1.5K</td>
<td>778</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$95.00</td>
<td>$42.3K</td>
<td>5.4K</td>
<td>487</td>
</tr>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$40.00</td>
<td>$80.0K</td>
<td>1.4K</td>
<td>445</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bullish sentiment. It expires in 116 day(s) on January 17, 2025. Parties traded 1716 contract(s) at a $150.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $16.0 per contract. There were 7102 open contracts at this strike prior to today, and today 3921 contract(s) were bought and sold. 
• For NWL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>), we notice a put option sweep that happens to be bullish, expiring in 53 day(s) on November 15, 2024. This event was a transfer of 2898 contract(s) at a $7.00 strike. This particular put needed to be split into 71 different trades to become filled. The total cost received by the writing party (or parties) was $116.2K, with a price of $40.0 per contract. There were 54 open contracts at this strike prior to today, and today 3020 contract(s) were bought and sold. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 53 day(s) on November 15, 2024. This event was a transfer of 100 contract(s) at a $250.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $232.4K, with a price of $2322.0 per contract. There were 9353 open contracts at this strike prior to today, and today 2394 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option sweep that happens to be bullish, expiring in 270 day(s) on June 20, 2025. This event was a transfer of 61 contract(s) at a $100.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $440.0 per contract. There were 5778 open contracts at this strike prior to today, and today 1293 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on September 27, 2024. This event was a transfer of 100 contract(s) at a $175.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $450.0 per contract. There were 302 open contracts at this strike prior to today, and today 1036 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bearish sentiment. It expires in 116 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $200.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $106.3K, with a price of $1063.0 per contract. There were 42381 open contracts at this strike prior to today, and today 998 contract(s) were bought and sold. 
• Regarding FL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>), we observe a call option sweep with bullish sentiment. It expires in 53 day(s) on November 15, 2024. Parties traded 922 contract(s) at a $32.50 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $50.7K, with a price of $55.0 per contract. There were 1296 open contracts at this strike prior to today, and today 923 contract(s) were bought and sold. 
• For F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we notice a put option sweep that happens to be bearish, expiring in 179 day(s) on March 21, 2025. This event was a transfer of 311 contract(s) at a $11.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $110.0 per contract. There were 1552 open contracts at this strike prior to today, and today 778 contract(s) were bought and sold. 
• For SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we notice a put option sweep that happens to be bullish, expiring in 53 day(s) on November 15, 2024. This event was a transfer of 94 contract(s) at a $95.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $450.0 per contract. There were 5434 open contracts at this strike prior to today, and today 487 contract(s) were bought and sold. 
• For LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we notice a call option sweep that happens to be bearish, expiring in 53 day(s) on November 15, 2024. This event was a transfer of 200 contract(s) at a $40.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $80.0K, with a price of $400.0 per contract. There were 1491 open contracts at this strike prior to today, and today 445 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BABA

CVNA

SBUX

10 Consumer Discretionary Stocks Whale Activity In Today's Session

BLDR

GRBK

LGIH

LOVE

LSEA

ROCK

TMHC

Shares of housing-related stocks are trading higher after the Fed policy decision to cut rates by 50 basis points, which could help curb housing unaffordability and increase demand.

ARHS

SNBR

UEIC

Shares of furniture and home goods companies are trading higher in possible sympathy with RH after the company reported Q2 financial results.

AYRO

BIRK

BYON

COOK

DKNG

EWCZ

FEBO

HSAI

KRUS

NCLH

PTON

RENT

RMBL

RVLV

SVMH

SWIM

TCTM

VIOT

VSCO

WRBY

YETI

Shares of companies within the broader consumer discretionary sector are trading higher following strong economic data that helps ease recession concerns.

Newell Brands Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>) stock has been under pressure lately, with shares dropping as much as 21.5% in the past three months, while the broader Zacks Consumer Products &ndash; Staples industry has dipped 1.9%. The stock&#39;s current trading level is 36% below its 52-week high of $10.72.
The company has been witnessing a challenging macroeconomic environment and elevated levels of core inflation that have led to muted demand for discretionary and durable products. This resulted in a 7.8% year-over-year decline in second-quarter 2024 revenues, following a revenue decline of 4.2% year over year in the preceding quarter. The decline was driven by reduced core sales, adverse currency impacts and business exits.
Looking ahead, Newell Brands management provided a dismal outlook for the upcoming quarters. For the third quarter, the company expects a 4-6% decline in net sales, with core sales anticipated to be between flat and a 2% decline. For 2024, it forecasts a year-over-year sales decrease of 6-7%, alongside a core sales decline of 3-4%.
These estimates reflect anticipated pressure on various product categories, with expected declines in low single digits. Additionally, the company has been facing a higher-than-previously anticipated headwind from foreign exchange, backed by current spot rates. This challenging outlook underscores the difficulties Newell Brands is encountering in the current economic environment.
Due to the persistent challenges of inflation and the volatile nature of market conditions, management is not very optimistic about its earnings picture. The Zacks Consensus Estimate for 2024 earnings per share is pegged at 65 cents, indicating a decline of 19% year over year.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/4d/74207.jpg?v=1822187229" />
Image Source: Zacks Investment Research
<h3>What Could Turn the Tables for Newell?</h3>
Newell Brands is focused on enhancing productivity and efficiency through various initiatives, including productivity plans, automation, and the full rollout of Project Ovid. The company has been looking to optimize its category mix within each business unit. Additionally, Project Phoenix, aimed at reducing overhead costs and streamlining operations, is expected to contribute positively to the company&#39;s results.
Despite the recent slowdown, Newell Brand has shown resilience in its core business. The company&#39;s third-quarter fiscal 2024 results demonstrated 490 basis points (bps) gross margin expansion, driven by gains from the productivity program and pricing actions. This marked the fourth straight quarter of gross margin expansion for NWL. Normalized operating margin increased 170 bps, backed by productivity, pricing, favorable mix, and organizational restructuring-related savings.
Further, the company is enhancing its front-end commercial capabilities through consumer-driven innovations. Upcoming products include the Graco SmartSense Soothing Bassinet and Swing, and the Rubbermaid Brilliance line. This Zacks Rank #3 (Hold) company is also on track to launch the battery-powered Rubbermaid Commercial carts and the FoodSaver Handheld Plus, a cordless vacuum sealer for food preservation.
Newell Brands is advancing its e-commerce efforts by investing in digital channels and enhancing customer engagement. The company has implemented buy-online, pick-up in-store, and ship-from-store services at its Yankee Candle stores. These traits position the company for long-term growth.
<h3>3 Picks You Can&#39;t Miss</h3>
Here, we have highlighted three better-ranked food stocks, namely, Vital Farms (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vitl#NASDAQ">VITL</a>), Freshpet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frpt#NASDAQ">FRPT</a>) and The Chef&#39;s Warehouse (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chef#NASDAQ">CHEF</a>).
The Chef&#39;s Warehouse, which engages in the distribution of specialty food products, currently sports a Zacks Rank #1 (Strong Buy). CHEF has a trailing four-quarter earnings surprise of 33.7%, on average.
The Zacks Consensus Estimate for The Chef&#39;s Warehouse&#39;s current fiscal year sales and earnings indicates growth of 9.7% and 12.6%, respectively, from the year-ago reported numbers.
Vital Farms offers a range of produced pasture-raised foods. It currently carries a Zacks Rank #2 (Buy). VITL has a trailing four-quarter average earnings surprise of 82.5%.
The Zacks Consensus Estimate for Vital Farms&#39; current financial-year earnings suggests growth of 72.9% from the year-ago reported numbers.
Freshpet, Inc., a pet food company, has a trailing four-quarter earnings surprise of 132.9%, on average. FRPT currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Freshpet&#39;s current financial-year sales and earnings indicates growth of 26.1% and 251.4%, respectively, from the prior-year reported level.
<a href="https://www.zacks.com/stock/news/2321548/newell-nwl-stock-declines-22-in-3-months-can-it-rebound?cid=CS-BENZ-FT-analyst_blog|rank_focused-2321548">To read this article on Zacks.com click here.</a>

Mid Cap

Small Cap

CHEF

FRPT

VITL

Newell Stock Declines 22% in 3 Months: Can it Rebound?

Analyst Dara Mohsenian from Morgan Stanley maintained a Hold rating on Newell Brands (NWL – Research Report) and keeping the price target at $8.50....

Cautious Optimism: Newell Brands' Sequential Improvement Amid Challenging Market Conditions

Christopher Carey, an analyst from Wells Fargo, maintained the Hold rating on Newell Brands (NWL – Research Report). The associated price target wa...

Neutral Outlook for Newell Brands Amid Mixed Segment Performance and Macroeconomic Uncertainties

Wells Fargo analyst Chris Carey raised the firm's price target on Newell Brands (NWL) to $9 from $8 and keeps an Equal Weight rating on the shares....

Newell Brands price target raised to $9 from $8 at Wells Fargo

Canaccord analyst Brian McNamara raised the firm's price target on Newell Brands (NWL) to $13 from $12 and keeps a Buy rating on the shares. The fi...

Newell Brands price target raised to $13 from $12 at Canaccord

Brian McNamara, an analyst from Canaccord Genuity, maintained the Buy rating on Newell Brands (NWL – Research Report). The associated price target ...

Positive Outlook for Newell Brands Amid Strategic Focus and Strong Segment Performance

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Newell Brands (NWL – Research Report), Merc...

Analysts Offer Insights on Consumer Cyclical Companies: Newell Brands (NWL), Mercedes-Benz Group (OtherMBGAF) and Mister Car Wash (MCW)

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Newell Brands (NWL – Research Report), with a price target of $9....

RBC Capital Remains a Hold on Newell Brands (NWL)

In a report released today, Bill Chappell from Truist Financial maintained a Hold rating on Newell Brands (NWL – Research Report). The company's sh...

Truist Financial Sticks to Its Hold Rating for Newell Brands (NWL)

J.P. Morgan analyst Andrea Faria Teixeira maintained a Hold rating on Newell Brands (NWL – Research Report) yesterday and set a price target of $9....

J.P. Morgan Reaffirms Their Hold Rating on Newell Brands (NWL)

In a report released today, Lauren Lieberman from Barclays maintained a Hold rating on Newell Brands (NWL – Research Report), with a price target o...

Barclays Sticks to Its Hold Rating for Newell Brands (NWL)

MBGAF

Press Releases

Newell Brands to Webcast Third Quarter 2024 Earnings Results

FoodSaver® Announces Launch of Handheld+ 2-in-1 Vacuum Sealing System for Unmatched Meal Preparation and Food Storage Versatility

Mr. Coffee® Unveils New Express Cold Brew Coffee Maker for Faster, Bolder, Better Cold Brew at Home

Newell Brands Announces Third Quarter 2024 Results

Yankee Candle® Debuts New "Passport to the Holidays" Collection with Festive Fragrances Inspired by Iconic Travel Destinations

Yankee Candle® Announces Expansion into Canada

Newell Brands Announces Upsized Offering and Pricing of $750 Million 6.375% Notes due 2030 and $500 Million 6.625% Notes due 2032

Newell Brands Declares Dividend on Common Stock

NUK® Unveils the Perfect Match™ 2-in-1 Natural + Anti-Colic Bottle: The Ultimate Breastfeeding Companion for Stress-Free Feeding

Less Cheer This Year: Nearly Half of Canadians Report Feeling Less Holiday Spirit Than Last Year

Comments

Newell Brands

매도 수량

Newell Brands (NASDAQ:NWL) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌