NasdaqGS:NWLConsumer Durables
Newell Brands Resets Supply Chain And Pricing As Shares Look Undervalued
Newell Brands has reduced its sourcing exposure to China, shifting its supply chain footprint.
The company is rolling out automation and AI tools to improve productivity across its global operations.
Management is resetting pricing after some customers pushed back on previous price levels.
Newell Brands recorded a substantial impairment of acquired intangible assets in its latest quarter.
Newell Brands (NasdaqGS:NWL) is making these changes while its shares trade at $4.63. The stock is up...