Newell: House of
Writing on wall? New
boss same as old boss?
Newell Brands, a $8Bn house of business & consumer brands, sales plummeted again in Q3'23, with declines in BTS, hygiene and writing products, offset by price inflation. New CEO (ex-CFO) Chris Peterson succeeded ex-OMax, Ravi Saligram who 'fiddled while the house burned'. Is the writing on the wall or can he reinvent a growth strategy rather than the many cost cutting projects? Full report analysis here....
Please read full article by subscribing here