Why Newell Brands Stock Keeps Rising

Newell Brands (NWL) jumped 13.57% after delivering its first year-over-year sales growth in more than four years. The consumer goods company posted 3% sales growth in the second quarter, driven by improved operational execution and one-time tariff refunds.

Adjusted operating income surged 56% while earnings per share climbed 75%, prompting management to raise full-year EPS guidance. The guidance increase signals confidence that recent operational improvements can sustain momentum beyond the tariff tailwinds.

Canaccord Genuity responded by lifting its price target from $9 to $11, implying upside of more than 70% from recent levels. The firm's upgrade reflects expectations that the company's turnaround is gaining traction after years of revenue declines.

The quarter marks a potential inflection point for Newell, which has struggled with declining sales across its portfolio of consumer brands. The combination of top-line growth, margin expansion, and analyst support has attracted investor attention to a stock that traded in the single digits before the earnings beat.