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Newell Brands is investing in consumer and customer understanding, brand building, brand communication, innovation and retail execution.
July 31, 2023
By: Lianna Albrizio
Associate Editor
Net sales for Newell Brands in Q2 2023 saw a 13.0% decrease to $2.2 billion compared with the prior year period. Core sales declined 11.9% compared with the prior year period. Year-to-date operating cash flow was $277 million compared with outflow of $450 million in the prior year period. Restructuring Initiative In January 2023, Newell announced a restructuring and savings initiative, Project Phoenix, that aims to strengthen the company by leveraging its scale to f...
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