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. reports news about its global consumer goods portfolio, including brands such as Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Paper Mate, EXPO, Elmer's and Oster. Updates commonly cover quarterly results, core sales trends, segment performance, dividends on common stock and investor presentations.
Company announcements also track brand-level product activity across learning and development, home and commercial solutions, and outdoor and recreation categories, including writing instruments, adhesives, dry erase products, coolers and other household and outdoor consumer products.
Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, which is set to be paid on September 15, 2022. Stockholders of record as of the close of business on August 31, 2022 will receive the dividend. This decision reflects Newell Brands' commitment to returning value to its investors amidst its strong portfolio of consumer goods brands.
Newell Brands has launched a new lifestyle brand called Friday Collective, featuring scented candles designed to evoke a sense of optimism and joy. The candles come in vibrant colors and unique fragrance combinations to enhance daily moods. With a premium soy wax blend and natural fiber wicks, the initial launch includes four scent profiles and various fragrances such as Let's Party and Kickstart The Hustle. Available for purchase online and at major retailers, these candles aim to bring 'weekend feels' into everyday life.
Newell Brands' Baby Jogger® introduces a limited-edition 'City Royalty' fashion for the Summit™ X3 Jogging Stroller, designed by fitness leader Robin Arzón. This exclusive design features bold black fabrics with gold accents, inspired by New York City. Priced at $549.99, the stroller offers premium features such as all-wheel suspension, a hand-operated brake, and a unique city-grid print. The product is available for pre-sale at select retailers and aims to empower parents while blending style with functionality.
Newell Brands (NASDAQ: NWL) reported second-quarter 2022 net sales of $2.5 billion, marking a 6.5% decline year-over-year, influenced by the sale of its Connected Home & Security business. However, the company's core sales grew 1.7%, achieving its eighth consecutive quarter of growth. Diluted EPS increased to $0.49, with normalized EPS at $0.57. The updated outlook projects net sales between $9.76 and $9.98 billion for the year. Despite inflationary pressures, operating margins improved, showcasing resilient financial performance amidst a challenging market environment.
Newell Brands has launched a new line of trendy beverage containers under its bubba brands. The Radiant Line offers innovative features such as interchangeable lids and double-walled stainless steel for long-lasting cold drinks. Available in vibrant colors and various sizes, these products aim to merge functionality with style. Additionally, the company has refreshed its Core Line with new finishes. This lineup supports Newell's commitment to enhancing consumer lifestyles through stylish, sustainable hydration solutions.
Newell Brands Inc. (NASDAQ: NWL) will release its Q2 2022 earnings on July 29, 2022, prior to market open, followed by a live webcast at 11:30 A.M. ET. Interested parties can access the webcast via the Investors tab on Newell’s website. The company, known for its portfolio of brands such as Rubbermaid, Calphalon, and Yankee Candle, aims to enhance consumer lives through its diverse products. More information can be found on their official website.
Newell Brands has launched the Baby Jogger® City Sights™ Stroller, touted as the most compact-folding 4-wheel modular stroller available. Designed for urban parents, it features a reversible seat, all-terrain performance, and a one-hand, compact fold for easy storage. With eight modes of use, the stroller also includes a UV 50+ canopy, spacious storage basket, and adjustable features for comfort. Priced at $549.99, it is currently available online and will be sold through select retailers later this month.
FoodSaver, the leading vacuum sealing brand, partners with TikTok chef Nick DiGiovanni to showcase six new recipes using their vacuum sealers. The collaboration aims to help consumers elevate their cooking and save time in the kitchen. Recipes include on-the-go breakfast bites, chimichurri-marinated skirt steak, and peach cobbler, all designed to demonstrate the versatility of vacuum sealers. FoodSaver products can be purchased online and at various retailers, enhancing cooking experiences and reducing food waste.
Contigo, a brand under Newell Brands, has launched three innovative reusable beverage containers just in time for summer, highlighting the importance of sustainability. A recent survey indicates that 60% of Americans consider their reusable containers essential; 84% have a preferred model. The new products—the Uptown Dual-Sip Tumbler, River North 2-in-1 Can Cooler & Tumbler, and River North Stainless Steel Wine Tumbler—offer features such as leak-proof lids and temperature retention. This expansion aims to enhance consumer experiences while promoting sustainable habits.
Newell Brands (NASDAQ: NWL) announced that its CEO, Ravi Saligram, and CFO, Chris Peterson, will participate in a fireside chat at the dbAccess Global Consumer Conference in location value="LU/fr..paris"Paris, France on June 14, 2022 at 3:15 A.M. ET. The event will be webcast and can be accessed via the Newell Brands website. After the live event, the recording will be available for replay. Newell Brands offers a portfolio of well-known consumer products including Rubbermaid and Mr. Coffee.