Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (71480)	10/31/2022 11:03:34 AM
From: Grommit	Respond to of 78710

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...