NWL
Published on 05/01/2026 at 05:36 pm EDT
Consumer companies rose as oil prices gave back some of their recent gains.
Newell Brands, maker of Sharpies and other consumer products, posted lower first-quarter sales but raised its full-year sales outlook on expectations that its turnaround strategy will soon drive a return to topline growth.
Beauty-products purveyor Estee Lauder said its turnaround was gaining traction, raising its fiscal-year outlook on expanded margins in the recent quarter and projecting continued sales growth in the coming year.
Kids' clothier Carter's appointed longtime Build-A-Bear Workshop chief Sharon Price John to lead the company as its new chief executive, effective mid-June.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
05-01-26 1735ET