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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: With US markets closed, Asian shares slip and European shares gainBANGKOK (AP) — Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares advance ahead of U.S. inflation reportTOKYO (AP) — Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »