Newell Brands Inc. (NASDAQ:NWL) saw its stock plummet by 15.15% on Friday due to poor earnings and outlook. In the first six months of the year, net income fell by 75% to $9 million, with net sales dropping 5% to $3.5 billion compared to last year. In the second quarter alone, net income only rose by 2.2% to $46 million, with net sales decreasing by 4.8% to $1.9 billion.

The company updated its third-quarter and full-year 2025 outlook to reflect estimates from the current tariff scenario. Core and net sales in the current quarter are expected to decline between 2-4%, and for the full year, core and net sales are projected to decrease by 2-3% year-on-year. While NWL has investment potential, some AI stocks may offer higher returns with less downside risk.

Read more at Yahoo Finance: Newell (NWL) Sheds 15.15% Anew on Dismal Earnings, Outlook