Shares of Newell Brands (NWL) — the parent company of stationary brands Sharpie, Elmer’s, Paper Mate, and consumer products like Yankee Candle — have seen a significant decline of over 27% Friday morning after reporting mixed fourth quarter results in its earnings release. Newell posted adjusted earnings per share (EPS) of $0.16 — beating consensus estimates of $0.14 — while quarterly sales of $1.949 billion fell short of analyst estimates of $1.96 billion. Newell Brands CEO and president Chris Peterson joins Catalysts to discuss the company’s earnings results and guidance, emphasizing that Newell is making progress in its turnaround. “We just reported a fourth quarter that was very much in line or ahead of our guidance range for Q4," Peterson says. "We provided initial guidance for 2025 and our initial guidance includes core sales growth improving in [2025] versus [2024], strong operating margin improvement, good cash flow, and strengthening of the balance sheet." Peterson addresses the looming threat of President Trump’s tariffs, noting that Newell Brands could be both positively and negatively impacted. "So let me start by saying that about half of our business we manufacture ourselves in our manufacturing footprint. The largest part of our US business is manufactured in the United States, and we believe that if tariffs go into effect on those categories where we have US manufacturing presence, we will be competitively advantaged," he lays out.
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