Newell Brands set for best day in over four years on Q1 revenue beat
** Newell Brands shares NWL.O rise 14.2% to $7.90 and is set for its best day in over four years after consumer goods firm beats Q1 revenue expectations
** Co reports Q1 sales of $1,653 mln, surpassing analysts' expectations of $1,644 mln - LSEG data
** NWL also reports first Q1 positive operating cashflow of $32 mln since Q1 2020
** CFO Mark Erceg says, "working capital reduction, together with operating income growth, resulted in positive operating cash flow during the first quarter which, historically, has been very hard to achieve due to the seasonality of the business"
** NWL however missed profit expectations for Q1 - LSEG data
** Up to last close, stock had fallen 9.7% YTD
Reporting by Johann M Cherian in Bengaluru
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