Company News, Financial News

Newell Brands: Q4 2023 Financials

The owner of Yankee Candle says core sales in home fragrances declined.

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By: Lianna Albrizio

Associate Editor

Newell Brands home and commercial solutions unit—home to Yankee Candle, WoodWick and Chesapeake Bay Candle brands—reported Q4 net sales of $1.3 billion compared to $1.4 billion in the prior-year period.  Core sales decreased in all three businesses, including home fragrance, according to the company.   The change reflects a core sales decline of 8.2% and the impact of certain category exits, partially offset by the impact of favorable foreign exchange. Related Yankee Candle O...

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