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.
Yankee Candle has launched its new Signature Collection, featuring ten exclusive fragrances and modern vessel designs, available from March 1, 2021. The collection includes innovative tumbler candles made with premium soy-wax blends for a cleaner burn. Key scents include Wild Orchid, Iced Berry Lemonade, and Vanilla Crème Brûlée, priced between $13.00 and $29.50. The collection aims to attract both new and returning customers, enhancing the brand's market presence under its parent company, Newell Brands.
Newell Brands (NASDAQ: NWL) will participate in the 2021 Consumer Analyst Group of New York (CAGNY) Conference on February 19, 2021, at 11:50 A.M. ET. The presentation will be led by CEO Ravi Saligram and CFO Chris Peterson.
Investors can access the presentation via webcast on Newell Brands' website, with an archive available for replay afterward.
Newell Brands is a prominent consumer goods company known for various brands such as Rubbermaid, Sharpie, and Coleman. The company focuses on delivering innovative and sustainable products for consumers.
Newell Brands (NASDAQ: NWL) reported its fourth quarter and full year 2020 financial results, showcasing a positive turnaround. Key highlights include a 2.5% increase in net sales to $2.7 billion, a core sales growth of 4.9%, and an improved operating margin of 9.2%. The company achieved a significant cash flow of $1.4 billion. Full-year net sales were $9.4 billion, down 3.4% year-over-year. Looking forward, Newell projects low single-digit core sales growth for 2021 with normalized EPS estimated between $1.55 and $1.65. The leverage ratio improved to 3.5x, indicating a stronger balance sheet.
Newell Brands Inc. (NASDAQ: NWL) has announced a quarterly cash dividend of $0.23 per share, which will be payable on March 15, 2021 to stockholders of record as of February 26, 2021. This reflects the company's ongoing commitment to returning value to its shareholders. Newell Brands operates a diverse portfolio of renowned consumer goods brands aimed at enhancing everyday life.
First Alert and actor Taylor Kinney launch a public awareness campaign this winter to educate about the dangers of carbon monoxide (CO) poisoning. This campaign highlights the importance of installing and maintaining CO alarms in homes, particularly during winter months when CO exposure is highest. According to the CDC, CO is responsible for about 50,000 emergency room visits annually. The campaign includes public service announcements and emphasizes key safety measures including the installation of alarms on every level, regular testing, and recognizing symptoms of CO poisoning.
Newell Brands Inc. (NASDAQ: NWL) will announce its fourth quarter and full year 2020 earnings results on February 12, 2021, before the market opens. A live webcast will follow at 8:30 a.m. ET, allowing investors to listen to the results presentation and access a replay on the company's website.
Newell Brands is a prominent global consumer goods company featuring a diverse portfolio of popular brands, including Rubbermaid®, Sharpie®, and Coleman®. The company's commitment lies in providing innovative, eco-friendly products that enhance consumer lives.
Newell Brands has launched the Made For More Small Business Fund to support U.S.-based small businesses impacted by the pandemic. The initiative aims to award $10,000 each to 10 small businesses that utilize Ball® home canning products and contribute positively to their communities. Applications are open from Dec. 15, 2020 to Jan. 31, 2021. Winners will receive funding and potential exposure through Ball's social media channels. This program is part of Newell Brands' commitment to aid small businesses, reflecting their significance during challenging times.
Yankee Candle is enhancing holiday cheer by introducing the Official Santa Cam, a virtual experience that allows families to witness Santa's activities at the North Pole. Accessible from December 8 until December 24, families can watch Santa build toys, read letters, and enjoy time with Mrs. Claus. This initiative aims to create a magical holiday experience for those unable to visit Santa in person. Additionally, virtual backgrounds for festive video chats will be available from December 9. The program reflects Yankee Candle's commitment to bringing joy during the holiday season.
Sunbeam® has launched the GoHeat™ Cordless Heating Pad, designed to provide portable pain relief. The product offers faster heat delivery in just 30 seconds and is powered by a rechargeable lithium-ion battery lasting up to four hours on low heat. With three customizable heat settings, the 9.5" x 12" pad includes an adjustable strap for targeted relief. Priced at $69.99, it is available online at major retailers like Amazon, Walmart, and Target. An optional quick charger and additional battery are also offered for $19.99 and $39.99, respectively.
Newell Brands Inc. (NASDAQ: NWL) announced early results for its debt tender offer to buy up to $300 million of its outstanding securities. As of November 24, 2020, the company received tenders amounting to $509,558,000. Due to oversubscription, the company will prorate the purchases, accepting $300 million of its 3.850% Notes due 2023, while no 4.000% or 3.150% Notes will be purchased. The early settlement date is set for November 30, 2020, with payments including accrued interest for accepted tenders.
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