Company News, Financial News

Q4 Net Sales Decline 18.5% for Newell Brands

Business continued to be impacted by a tough operating environment, said CEO Ravi Saligram.

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By: Lianna Albrizio

Associate Editor

Net sales in Q4 for Newell Brands were $2.3 billion, a decline of 18.5% compared with the prior year period, including the year-over-year impact from the sale of the Connected Home & Security (CH&S) business at the end of the first quarter 2022, the company announced.    Core sales declined 9.4% compared with the prior-year period. One of seven business units increased core sales compared with the prior-year period.   Despite the decline, CEO Ravi Saligram says the resu...

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