Previous close | 15.82 |
Open | 15.76 |
Bid | 15.91 x 1100 |
Ask | 15.92 x 800 |
Day's range | 15.68 - 15.94 |
52-week range | 12.25 - 26.45 |
Volume | |
Avg. volume | 4,481,049 |
Market cap | 6.58B |
Beta (5Y monthly) | 0.87 |
PE ratio (TTM) | 11.79 |
EPS (TTM) | 1.35 |
Earnings date | 10 Feb 2023 |
Forward dividend & yield | 0.92 (5.84%) |
Ex-dividend date | 29 Nov 2022 |
1y target est | 16.70 |
In response to rising inflation, Newell Brands (NWL) has come up with a restructuring and savings initiative, Project Phoenix, to reduce costs and optimize the organization.
Yahoo Finance Live anchors discuss reports that Newell Brands will cut 13% of its workforce amid restructuring plans.
ATLANTA, January 23, 2023--Newell Brands (NASDAQ: NWL) today announced a restructuring and savings initiative, Project Phoenix, that aims to strengthen the company by leveraging its scale to further reduce complexity, streamlining its operating model and driving operational efficiencies.