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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (71480)10/31/2022 11:03:34 AM
From: Grommit   of 78745
 
NWL. I sold out last May. I do not see any reason to be optimistic here.

...tough operating environment as many retailers down sized their inventory positions, inflationary pressure on both the consumer and our business... we expect economic uncertainty and external disruptions to persist in the near-term...

The Home Appliances segment generated net sales of $305 million compared with $443 million in the prior year period, reflecting core sales decline of 23.2 percent...

The Home Solutions segment generated net sales of $510 million compared with $598 million in the prior year period, reflecting core sales decline of 11.6 percent...


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