Financial News

Newell Brands Reports Third Quarter 2024 Results

Yankee Candle parent company reports core sales decline in home fragrance.

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By: Christine Esposito

Editor-in-Chief

Newell Brands—parent of Yankee Candle—announced its third quarter 2024 financial results. Net sales were $1.9 billion, a decline of 4.9% compared with the prior year period. Core sales declined 1.7% compared with the prior year period. The home and commercial solutions segment generated net sales of $1.0 billion compared with $1.1 billion in the prior year period, reflecting a core sales decline of 2.3%, as well as the impact of unfavorable foreign exchange and certain business exits. Core sa...

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