Newell Brands stock surges on Q2 earnings beat, raised guidance

, Newell Brands Chief Financial Officer Mark Erceg says,"While the macroeconomic environment remains choppy, the transformation of our business is clearly underway, which has given us confidence to improve our financial outlook for the year."Shares of newer brands look at that surging today after reporting second quarter, earnings company also raising its earnings forecast for the year.

But as you say, Chris Peterson on the call pointed out they're falling by less like they keep getting less bad, I guess quarter over quarter, even as the profitability increases here, he also highlighted the strength of um innovation, innovation pipeline in some of their uh different product lines.So they have a pretty big product portfolio.

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Stock market today: Asian shares are mostly lower ahead of key US inflation reportBANGKOK (AP) — Shares fell Thursday in most Asian markets ahead of a key U.S. inflation report due Friday that might point the way ahead for interest rates.
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