Newell Brands Stock Price, News & Analysis

Newell Brands Inc. (NASDAQ: NWL) announced that Chris Peterson, CFO and President of Business Operations, will participate in a fireside chat during the Morgan Stanley Virtual Global Consumer & Retail Conference. This event is scheduled for 8:45 A.M. ET on November 30, 2021. Investors can access the live webcast through the Events & Presentations section on Newell Brands' website, where it will also be archived for later viewing. The company boasts a strong portfolio of well-known brands that enhance consumer experiences.

Baby Jogger has launched the City Turn™ Convertible Car Seat, designed for easy child access with a one-hand 180-degree rotation feature that brings the child 10 inches closer to the parent. Supporting children from 4-65 lbs, this seat includes a 50 lb rear-facing limit, ensuring prolonged safety in the rear-facing position. It features a 10-position headrest, 5-position recline, and COOLMAX® material. Safety standards include TRUE Test Plus™ compliance. Pre-orders are available for $499.99 at various retailers, with wider availability expected soon.

Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, scheduled for payment on December 15, 2021. Common stockholders must be on the record by the close of business on November 30, 2021. This dividend reflects the company's commitment to providing returns to its shareholders.

Newell Brands (NASDAQ: NWL) reported a 3.3% increase in net sales for Q3 2021, totaling $2.8 billion, with core sales growth of 3.2%. Despite challenges from inflation and supply chain issues, the company delivered better-than-expected operating profit and raised its full-year outlook for net sales to $10.38-$10.46 billion and normalized EPS to $1.69-$1.73. Operating margins decreased to 10.1% from 13.4% due to increased expenses, while diluted EPS fell to $0.44 from $0.71 in the prior year.

Newell Brands Inc. (NASDAQ: NWL) will report its third quarter 2021 earnings results on October 29, 2021, before market open. A live webcast of the earnings call is scheduled for 11:00 A.M. ET. Investors can access the webcast via the Newell Brands website. The company boasts a diverse portfolio of well-known brands including Rubbermaid, Sharpie, and Yankee Candle, contributing to its position as a leading global consumer goods company.

Newell Brands has launched two innovative vacuum sealers from its FoodSaver brand, the VS2100 Vacuum Sealer and the Multi-Use Handheld Vacuum Sealer, ahead of the holiday season. The VS2100, priced at $134.99, features built-in roll storage, custom bag creation, and Moist/Dry sealing options, extending food freshness up to five times longer. The compact handheld model, starting at $49.99, includes a Marinate Mode. These products aim to reduce food waste and enhance meal preparation efficiency. Both models are available at major retailers nationwide.

Tentrr has partnered with Coleman to enhance the camping experience by outfitting 20 signature sites with a range of Coleman gear. The collaboration features two site categories: Tentrr x Coleman Outfitted Sites and Tentrr x Coleman Cooking Sites, offering amenities like tents, grills, and the OneSource™ rechargeable battery system. Available in multiple states, these sites average $150 per night. The partnership aims to encourage outdoor activities and strengthen connections with nature, aligning with both companies' missions.