Newell Brands looks to the future with refreshed brand lineup

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Newell Brands ($NASDAQ:NWL) Inc. is a company that consists of some of the United States’ most iconic home goods brands. The business has been restructuring the company over the past few years to enhance growth and profitability potential. Recently, Newell Brands Inc. has refreshed its brand lineup in order to better focus on its core competencies and growth potential. Newell Brands Inc. is hopeful that this refresh will help to spur growth and increase shareholder value in the years to come.

Share Price

So far, news coverage has been mostly positive. On Friday, Newell Brands‘ stock opened at $13.5 and closed at $14.1, up 5.0% from the prior closing price of $13.4. The company has recently refreshed its brand lineup, which is expected to drive growth in the coming years. Newell Brands is well-positioned for continued success in the future.

VI Analysis

Newell Brands is a medium risk investment in terms of financial and business aspects, according to VI Risk Rating. The company’s fundamentals reflect its long term potential. However, the VI App has detected 2 risk warnings in income sheet, balance sheet. Register on vi.app to check it out.

VI Peers

Newell Brands Inc. competes in the consumer goods market against Beiersdorf AG, Spectrum Brands Holdings Inc, and Winning Brands Corp. Newell Brands Inc. has a diversified portfolio of products that span many categories including housewares, hardware, and office products. The company has a long history dating back to 1898, when it was founded as the Newell Rubbermaid Company.

– Beiersdorf AG ($OTCPK:BDRFY)

Beiersdorf AG is a German skin care company that owns several popular brands, including Nivea, La Prairie, and Eucerin. The company has a market cap of 21.82 billion as of 2022 and a return on equity of 9.31%. Beiersdorf AG is a publicly traded company listed on the Frankfurt Stock Exchange. The company has its headquarters in Hamburg, Germany.

– Spectrum Brands Holdings Inc ($NYSE:SPB)

Spectrum Brands Holdings Inc. is a diversified consumer products company that manufactures, markets, and distributes a wide variety of branded consumer products. The company operates in three segments: Home & Garden, Pet, and Hardware & Home Improvement. The Home & Garden segment produces and markets a variety of consumer products for the home, including small appliances, home fragrance products, and pest control products. The Pet segment produces and markets a variety of pet food, pet supplies, and pet care products. The Hardware & Home Improvement segment produces and markets a variety of hardware and home improvement products, including power tools, hand tools, and plumbing and electrical supplies.

Summary

If you’re looking for a company with a bright future, you may want to consider investing in Newell Brands. The company has recently refreshed its brand lineup, and so far news coverage has been mostly positive.

Additionally, the stock price moved up the same day that the new brands were announced. While there is no guarantee that investing in Newell Brands will be a profitable endeavor, it does seem like the company is positioning itself for success. If you’re interested in investing in a company with potential, Newell Brands may be worth considering.