10 Companies Echo Friday’s Market Pessimism

2. Newell Brands Inc. (NASDAQ:NWL)

Newell declined for a second day on Friday as investors sold off positions following a dismal earnings performance last year.

In the last quarter of 2024, NWL said net sales fell by 8.4 percent to $1.9 billion from $2.076 billion in the same period last year, while net sales for the full year 2024 declined to $7.5 billion from the $8.13 billion in 2023.

NWL was able to narrow its net loss by 37 percent to $54 million from $86 million during the quarter as well as for the full year—by 44.3 percent at $216 million from $388 million.

Furthermore, NWL expected even lower net sales for the full year 2025, declining between 2 to 4 percent.

NWL is one of the leading consumer goods companies that owns brands such as Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer’s, Oster, NUK, Spontex and Campingaz.