Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan

Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
By: market watch Posted On: April 26, 2024 View: 15

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The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.

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