Newell Brands Inc.
(NASDAQ:NWL) stock climbed Friday after the consumer products company reported better-than-expected second-quarter results, raised its full-year 2026 guidance and issued third-quarter sales guidance that topped Wall Street estimates.
High short interest—standing at 21.65% of the float—likely catalyzed a short squeeze, amplifying the stock's nearly 15% surge.
Earnings Beat Driven By Tariff Recoveries Second-quarter net sales increased 3% year over year to $1.994 billion, exceeding analysts' consensus estimate of $1.978 billion.
Core sales rose 2.3%.
