Newell Brands - NWL STOCK NEWS

Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, payable on December 15, 2020 to stockholders of record as of November 30, 2020. This announcement reflects the company's commitment to returning value to its shareholders through consistent dividend payments. Newell Brands is a prominent consumer goods firm recognized for its diverse portfolio of household brands.

Newell Brands (NASDAQ:NWL) reported strong Q3 2020 results with net sales of $2.7 billion, a 5.1% increase year-over-year. Core sales grew 7.2% across most business units. Operating margin improved significantly to 13.4%, while diluted EPS was $0.71, up from a loss of $1.48 in the prior year. Operating cash flow nearly doubled to $820 million. Full-year normalized EPS guidance was reinstated at $1.63 to $1.69, and operating cash flow is projected at $1.1 to $1.2 billion, reinforcing a positive outlook for shareholder value.

Newell Brands has launched Rubbermaid EasyFindLids™ Food Storage Containers featuring SilverShield® technology, offering antimicrobial protection against odor-causing bacteria. This innovative product aims to cater to the increasing consumer demand for efficient food storage solutions as more people cook at home. The containers, available in sets of 24-42 pieces, are designed for easy organization and are made in the U.S., BPA-free, and safe for microwave and dishwasher use. Pricing starts at $12 MSRP, and the product can be purchased at major retailers including Target and Walmart.

Newell Brands Inc. (NASDAQ: NWL) will announce its third quarter 2020 earnings results on October 30, prior to market opening. A live webcast is scheduled for 10:00 a.m. ET, accessible through the Investors section of the Newell Brands website. This announcement highlights the company's ongoing commitment to transparency and investor engagement.

Newell Brands boasts a diverse portfolio of recognized brands, enhancing daily life for consumers worldwide.

Mr. Coffee has launched a new Iced Coffee Machine just ahead of National Coffee Day. This innovative coffee maker brews iced coffee in just four minutes using RapidChill™ technology. A recent survey indicates that 49% of Americans have taken up coffee-making skills during the pandemic, with 66% planning to continue these skills. Notably, 57% of participants gained new coffee-related skills, especially in iced coffee preparation. The product aims to meet rising demand for at-home coffee experiences.

First Alert, a trusted brand in fire safety, teams up with actor Taylor Kinney to promote fire safety awareness during Fire Prevention Month this October. They emphasize the importance of having functional smoke and carbon monoxide alarms in every level and bedroom of homes, encouraging families to regularly test alarms and replace outdated units. They also stress the significance of having fire extinguishers and developing an emergency escape plan, as only 32% of households have one. First Alert and Lowe's will host a DIY kids' workshop on October 10 to further educate families.

Crockpot has made a significant donation to Feeding America to provide approximately 250,000 meals to those facing food insecurity amid the pandemic. This initiative coincides with Hunger Action Month and reflects the brand's commitment to community support. Tim Anderson, Crockpot's Director of Marketing, emphasized the importance of home-cooked meals during tough times, while Mamie Moore of Feeding America noted the growing need for food assistance. This effort accompanies a recent brand refresh aimed at enhancing community connection through food.

Sunbeam is collaborating with the U.S. Pain Foundation to raise awareness during Pain Awareness Month, focusing on the challenges chronic pain patients face accessing proper treatment. A survey of 1,581 patients revealed that 76.5% lack access to multidisciplinary care. Many patients prefer integrative health options over traditional medication-based treatments. Sunbeam aims to educate about the benefits of heat therapy, which 77.3% of respondents found effective. New resources, including an interactive website and virtual events, will be available throughout September to assist those managing chronic pain.

As health concerns rise, fire safety is increasingly prioritized by American households during the pandemic. A study reveals that 91% view home fires as a significant worry. With 68% of Americans enhancing home safety, many are checking smoke alarms or acquiring monitoring devices. Cooking frequency has surged, increasing home fire risks, with unattended cooking accounting for 62% of incidents. First Alert emphasizes the importance of testing and replacing alarms every 10 years and suggests several safety measures, including installing alarms on every level, regular testing, and creating escape plans.