Newell Brands (NWL) Stock Forecast & Price Target

Newell Brands Inc is strategically investing in innovative product launches and enhanced marketing capabilities, which are expected to yield stronger returns on investment. The company has established tariff-related sourcing advantages with over 30 customers across various domestic channels, positioning itself favorably in the market. Furthermore, the return to growth of the Japan Coleman business and the successful introduction of new durable product lines signify a potential for consistent top-line growth, which could restore investor confidence and lead to multiple expansion.

Newell Brands Inc. is experiencing a significant decline in its core sales, with a reported drop of -7.4% in Q3, falling short of management's guidance of -4% to -2%. The company's outdoor and recreation segment is particularly underperforming, with sales declining -10.9% in Q2, an increase in decline from previous quarters and contributing to a broader expectation of a -3% decline in aggregate category outlook for Q4. Additionally, total Q2 sales fell by -4.8%, contrasting negatively with consensus estimates and further illustrating the company's financial troubles across multiple segments, including Learning and Development, which saw a core sales decrease of -0.5%.