These 10 Firms Were Last Week’s Worst Performers

4. Newell Brands Inc. (NASDAQ:NWL)

Shares of Newell Brands declined by 28.4 percent last week to end Friday’s trading at $7.13 each versus the $9.96 registered on January 31 as the company’s dismal earnings performance last year weighed down on the company’s shares.

In the last quarter of 2024, NWL reported 8.4 percent lower net sales at $1.9 billion versus the $2.076 billion registered in the same period last year. Meanwhile, net sales for the full year 2024 declined to $7.5 billion from $8.13 billion in 2023.

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

For this year, NWL said it expects even lower, with figures 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.