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NEWELL BRANDS INC. [NWL] reports $198 million quarterly net loss

NEWELL BRANDS INC. [NWL] reports $198 million quarterly net loss

Company generates $1.9 billion in revenue

By USinMinutes
Published - Oct 25, 2024, 04:50 PM ET
Last Updated - Oct 28, 2024, 01:04 AM EDT

NEWELL BRANDS INC. NEWELL BRANDS INC. [NWL] has reported $198 million quarterly loss, an decrease of $243 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.

Dollars in millions
Sep 30, 2024    Jun 30, 2024    Mar 31, 2024    Dec 31, 2023   

Income Statement

Revenue $1,947.0  $2,033.0  $1,653.0  $8,133.0 
Operating Profit -$121.0  $163.0  $16.0  -$85.0 
Net Income -$198.0  $45.0  -$9.0  -$388.0 
Net Cash $160.0  $44.0  $39.0  $58.0 
Gross Margin $679.0  $699.0  $504.0  $2,353.0 
Operating Margin -$0.0  $0.0  $0.0  -$0.0 
Profit as % of Revenues-342.93 1553.33 30.49 28.93 
Profit as % of Assets-2.89 0.64 -0.07 -3.05 
Profit as % of Stockholder Equity-6.92 1.46 -0.29 -12.47 
Return on Equity-6.92 1.46 -0.29 -12.47 
Return on Assets-1.68 0.37 -0.07 -3.19 
Turnover Ratio28.38 28.88 0.14 0.64 
EBITA-$121.0 $163.0     

Balance Sheet

Total Assets $11,773.0  $12,048.0  $12,100.0  $12,163.0 
Total Liabilities $8,913.0  $8,968.0  $9,024.0  $9,051.0 

Cash Flow Statement

Operating Cash Flow $346.0  $64.0  $32.0  $930.0 
Investing Cash Flow -$107.0  -$84.0  -$50.0  -$199.0 
Financing Cash Flow -$64.0  $78.0  $60.0  -$664.0 
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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