Welcome to our dedicated page for Newell Brands news (Ticker: NWL), a resource for investors and traders seeking the latest updates and insights on Newell Brands stock.
Newell Brands Inc. (NASDAQ: NWL) is a leading global consumer goods company renowned for its strong portfolio of well-known brands. These include Paper Mate®, Sharpie®, Dymo®, EXPO®, Parker®, Elmer's®, Coleman®, Jostens®, Marmot®, Rawlings®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First Alert®, Waddington, and Yankee Candle®.
Formed through the combination of Newell Rubbermaid Inc. and Jarden Corporation, Newell Brands is a $16 billion consumer goods powerhouse. The company is dedicated to accelerating growth and building a performance-driven culture. Their mission is to become one of the world's leading consumer goods companies, enhancing everyday living by delivering high-quality products for the home, school, office, and recreational activities.
Newell Brands operates through three main segments:
- Home and Commercial Solutions – Offering products for both residential and commercial use, including kitchen appliances, home organization, and cleaning solutions.
- Learning and Development – Providing writing instruments, art supplies, and activity-based products, this segment drives significant revenue and includes beloved names like Sharpie®, EXPO®, and Elmer's®.
- Outdoor and Recreation – Catering to outdoor enthusiasts with brands like Coleman® and Marmot®, supplying camping gear, outdoor equipment, and sports accessories.
The company's current projects and recent achievements showcase its commitment to innovation and consumer satisfaction. For instance, Sharpie® recently launched the ‘Sharpie Rookie of the Year’ program, targeting prolific college athletes transitioning to professional careers. Furthermore, in collaboration with Paper Mate®, they initiated the ‘Let’s Get Creative’ campaign to foster creativity among consumers.
Newell Brands also focuses on leveraging partnerships and strategic initiatives to enhance its market presence. For example, Graco®, a trusted baby gear brand, introduced the SmartSense™ Soothing Bassinet and SmartSense™ Soothing Swing, using cutting-edge technology to provide comfort to infants.
Financially, Newell Brands continues to strive for better profitability and market share. The company's diverse portfolio and strategic initiatives are pivotal to its goal of becoming a faster-growing, more profitable entity.
For more information, visit www.newellbrands.com.
Sunbeam has partnered with the U.S. Pain Foundation for the #PainCounts initiative, aiming to raise awareness about the challenges faced by 50 million Americans living with chronic pain. This September, which is Pain Awareness Month, Sunbeam will share daily facts, articles, and personal stories on social media to educate the public on chronic pain issues. Notable statistics include that 20 million Americans experience 'high-impact pain.' This collaboration emphasizes the need for better pain management understanding and inclusivity in healthcare.
Newell Brands declared a quarterly cash dividend of $0.23 per share, payable on September 15, 2021, to stockholders on record as of August 31, 2021. The company, listed on NASDAQ under the symbol NWL, is recognized for its diverse portfolio of consumer goods brands such as Rubbermaid, Sharpie, and Coleman. Newell Brands focuses on delivering high-quality products that enhance customers' lives.
Newell Brands (NASDAQ: NWL) reported a strong second quarter 2021, with net sales of $2.7 billion, up 28.3% from last year. Core sales increased by 25.4%, driven by growth in all business units. Operating margin rose to 11.3%, from 7.7% a year ago, and diluted EPS was $0.46 versus $0.18. The company updated its 2021 net sales outlook to $10.1-10.35 billion, anticipating core sales growth of 7-10%. However, challenges from inflation and supply chain issues were acknowledged. The leverage ratio improved to 3.1x compared to 4.6x last year, reflecting better financial health.
Newell Brands Inc. (NASDAQ: NWL) will announce its second quarter 2021 earnings results on July 30, 2021, prior to market opening. A live webcast of the earnings call will be held at 11:00 A.M. ET. Investors can access the webcast through the Events & Presentations section on Newell's website. The company is recognized for its diverse portfolio of leading brands like Rubbermaid, Sharpie, and Coleman, aiming to enhance consumer lives through innovative products.
Newell Brands (NASDAQ: NWL) will host a virtual fireside chat featuring CEO Ravi Saligram and CFO Chris Peterson on June 7, 2021, at 9:00 A.M. ET. This event is part of the dbAccess Global Consumer Conference and will be available for live streaming on their website. Following the event, the webcast will be archived for replay. Newell Brands is renowned for its extensive portfolio of consumer goods, promoting innovative and environmentally friendly products that enhance consumer experiences.
United Solutions has extended its licensing agreement with Rubbermaid Incorporated, a subsidiary of Newell Brands (NASDAQ: NWL), to enhance the sales of top-selling storage solutions, including ActionPacker® and Cleverstore™. This 7-year agreement includes the launch of eco-friendly products under the ECOSense® brand, comprised of 100% recycled materials. The collaboration aims to expand sales in both traditional and online channels, showcasing innovative products like 18-gallon and 40-gallon storage totes. United Solutions continues to manufacture these products in Leominster, Massachusetts, and Sardis, Mississippi.
Rubbermaid Commercial Products (RCP), a division of Newell Brands, announced a donation of $1.3 million in hand sanitizer to support under-resourced schools through the Kids In Need Foundation (KINF). This initiative, named Back to Clean, aims to ensure safe in-person learning as schools resume this summer and fall. Over 270,000 bottles will be distributed to 11 locations nationwide, benefiting more than 651 schools and 295,737 students. RCP's commitment includes ongoing support and resources for facility managers to enhance hand hygiene.
Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, payable on June 15, 2021. This dividend will benefit common stockholders of record by the close of business on May 31, 2021. Newell Brands is a prominent consumer goods company, recognized for its diverse portfolio of brands designed to enhance consumer life globally.
Newell Brands (NWL) reported strong Q1 2021 results with net sales of $2.3 billion, up 21.3% year-over-year. Core sales growth was 20.9%, with every business unit showing increases. Normalized EPS reached $0.30, compared to $0.09 in the prior year. The company improved its full-year net sales forecast to $9.9-$10.1 billion and normalized EPS outlook to $1.63-$1.73. Operating margin rose to 10.1%, and the leverage ratio improved to 3.3x. The CEO highlighted ongoing opportunities for growth through strategic execution amid inflationary pressures.
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