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, part of Newell Brands (NWL), has launched the Cottage Getaway Collection, featuring six new fall fragrances. The collection aims to capture the essence of a perfect fall weekend getaway, with scents inspired by woodland adventures, cozy cabins, and lakeside activities. Fragrances include Woodland Weekend Memories, Log Cabin Flannel, Pumpkin Cinnamon Swirl, Campfire Cocktail, Paddling on the Lake, and Afternoon Scrapbooking.
The candles are crafted with high-quality fragrance oils and premium soy wax for a clean, long-lasting burn. Available at YankeeCandle.com, Yankee Candle retail locations, and major retailers, the collection is priced from $12.99 for small tumblers to $30.99 for large jars. Select fragrances are also offered in various formats like ScentPlug® Refills and wax melts.
Newell Brands (NWL) reported improved Q2 2024 results, with sales declining 7.8% to $2.0 billion but showing sequential improvement. Gross margin increased significantly by 590 basis points to 34.4%, while operating margin rose 260 basis points to 8.0%. Normalized diluted EPS increased to $0.36 from $0.24 year-over-year. The company raised its full-year 2024 outlook, projecting net sales decline of 6-7%, core sales decline of 3-4%, and normalized EPS of $0.60-$0.65. Operating cash flow guidance was increased to $450-550 million. Newell Brands is progressing with its turnaround strategy, focusing on improving top-line trajectory, margin expansion, and deleveraging the balance sheet.
Sharpie, a Newell Brands product, is celebrating its 60th anniversary with 'The World Is Your Canvas' tour. The Sharpie Bus is traveling across the U.S., showcasing the brand's history and new Sharpie Creative Markers. These markers feature paint-like ink in 12 vivid colors, suitable for various surfaces. The tour aims to give away half a million markers to inspire creativity.
So far, the bus has visited Fort Worth, New York, Chicago, and Ann Arbor, distributing nearly 200,000 markers to 32,000 people. The next stop is Comic-Con in San Diego. Consumers can follow the tour's progress and find Sharpie Creative Markers at major retailers like Amazon, Target, and Walmart.
Newell Brands (NASDAQ: NWL) announces the release of its second quarter 2024 earnings results on Friday, July 26, 2024, before market open.
A live webcast will follow at 9:30 a.m. ET and can be accessed via the Events & Presentations section under the Investors tab on the Newell Brands website.
The webcast will be recorded and available for replay.
Newell Brands, a global consumer goods company, features a diverse portfolio of brands like Rubbermaid, Sharpie, Coleman, and Yankee Candle.
For more information, visit www.newellbrands.com.
Contact details for investor and media inquiries are provided within the release.
Paper Mate is celebrating the National Day of Joy on June 26 by offering a giveaway of 6,000 tickets to see Disney and Pixar's Inside Out 2. The sweepstakes runs until July 3, 2024, and fans can enter by visiting www.feelthejoygiveaway.com.
At the film’s World Premiere, Paper Mate showcased a life-size wall where guests wrote down their joyful thoughts using the new InkJoy® Gel Bright! pens. This promotion ties into Paper Mate's brand ethos of spreading joy through writing.
Paper Mate InkJoy Gel pens are a popular choice in the U.S. and have recently expanded with the InkJoy Gel Bright! pens, featuring vivid ink designed for creative expression.
The sweepstakes is open to legal U.S. residents aged 18 and over. No purchase is necessary to enter. Full details and rules are available on the giveaway website.
DYMO, a key player in labeling solutions and part of Newell Brands, has partnered with Taylor, a custom label manufacturer, to offer custom pre-printed labels for DYMO LabelWriter 5 Series printers. This collaboration aims to provide customized labeling solutions that save time, money, and effort. Taylor will offer various label customization options, ensuring durability and legibility for the millions of LabelWriter 550, 550 Turbo, and 5XL printers in use. Joe Klenke, president of Taylor's Labeling Solutions Group, highlighted the reliability and versatility of DYMO's printers, emphasizing that the partnership empowers businesses to optimize their labeling processes.
On June 4, 2024, Newell Brands announced the launch of the Collector's Edition Ball® 140th Anniversary Jar as part of the Keepsake Jar Collection to celebrate 140 years of the Ball® brand. Alongside the launch, Newell Brands introduced the Try It All Sweepstakes, offering 300 winners Ball® 140th Anniversary Jars and supplies for canning, baking, and gardening. The jars are BPA-free, feature a vintage embossed design, and come with SureTight® lids that seal for up to 18 months. These jars are available at major retailers, including Target, Kroger, Meijer, and Walmart, for $14.99. The sweepstakes will run until July 3, 2024, and hobby enthusiasts can enter by visiting TryItAllSweepstakes.com.
Newell Brands (NASDAQ: NWL) announced that its President and CEO, Chris Peterson, and CFO, Mark Erceg, will present at the dbAccess Global Consumer Conference in Paris on June 4, 2024, at 11:15 a.m. ET. The presentation will be webcast live and accessible via the company's website, with an archived replay available afterward. Newell Brands, known for its diverse portfolio of consumer goods brands like Rubbermaid, Sharpie, and Yankee Candle, aims to engage and inform its investors through this event.
Graco has announced the launch of its new SmartSense™ Soothing Bassinet and SmartSense™ Soothing Swing, featuring advanced technology that detects and responds to a baby's cries. These products offer over 1,000 soothing combinations, including gentle motions, vibrations, white noise, and calming music. They are designed to provide comfort and convenience for first-time parents and growing families. Available for pre-order on Amazon and widely available from June 1, the SmartSense™ Soothing Swing is priced at $299.99, and the SmartSense™ Soothing Bassinet at $399.99. Graco continues its 65-year legacy of innovative baby products with these new offerings.
Newell Brands Inc. (NASDAQ: NWL) declared a quarterly cash dividend of $0.07 per share, payable on June 14, 2024, to common stockholders of record on May 31, 2024. Newell Brands is a global consumer goods company with popular brands like Rubbermaid, Sharpie, and Coleman, focused on delighting consumers.
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