Why Newell Brands Stock Keeps Rising
The consumer goods conglomerate achieved an important milestone as its turnaround strategy progresses.
Overview
Shares of Newell Brands (NASDAQ: NWL) furthered their recent rally on Monday, as analysts grow more bullish on the Sharpie maker's turnaround prospects.
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Newell Brands' second-quarter net sales rose 3% year-over-year to $2 billion. That marked the first time in more than four years that the company generated positive sales growth.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.