Newell Plans Layoffs to Improve Productivity
The Coleman and Marmot parent said that its full-year revenues will end up near the lower end of its guidance range due to weakness in Brazil and Argentina, but affirmed its normalized operating margin, earnings per share, and cash flow guidance. In a fireside chat at the Morgan Stanley investor conference, management highlighted progress in its Outdoor & Recreation segment, which was completely restructured under new leadership last year. New product innovations in 2026 are expected to jump-start sales growth after more than 2 years of stagnation, and NWL is hopeful ... Log in to view full article.