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. (NWL) maintains this centralized news hub for investors and stakeholders tracking developments in the global consumer goods sector. Our repository provides verified press releases, earnings reports, and corporate announcements from the maker of Rubbermaid, Sharpie, and Graco brands.
Access real-time updates on product innovations, sustainability initiatives, and strategic partnerships across NWL's portfolio. Key coverage areas include quarterly financial results, leadership changes, manufacturing updates, and brand expansion efforts. All content is sourced directly from company filings and official communications.
This resource serves both active traders monitoring short-term catalysts and long-term investors analyzing operational trends. Bookmark this page for streamlined access to NWL's evolving market position in household products, writing instruments, and baby gear. Cross-reference announcements with historical performance data using Stock Titan's integrated financial tools.
Newell Brands (NWL) reported Q4 2021 net sales of $2.8 billion, up 4.3% year-over-year, with core sales growth of 5.8%. Diluted EPS was $0.22, down from $0.30 a year prior, while normalized diluted EPS fell to $0.42 from $0.56. Despite inflationary pressures impacting margins, the company achieved 12% core sales growth for the full year. Looking ahead, NWL forecasts 2022 net sales between $9.93 billion and $10.13 billion, with normalized EPS expected between $1.85 and $1.93. The firm plans to divest its Connected Home & Security business, aiming to maintain its leverage ratio.
SOUTH DEERFIELD, Mass., Feb. 7, 2022 /PRNewswire/ -- The Yankee Candle Company unveils its new Studio Collection, featuring 12 popular fragrances in stylish glass vessels with a modern design. With natural fiber wicks and a premium soy-wax blend, the collection includes exclusive scents available at Target, such as Dried Lavender & Oak and Warm Luxe Cashmere. This collection aims to transform home ambiance through fragrance and design. The Studio Collection is now available at Target, YankeeCandle.com, and other retail locations.
Newell Brands Inc. (NASDAQ: NWL) has entered into a definitive agreement to sell its Connected Home & Security (CH&S) business to Resideo Technologies, Inc. (NYSE: REZI) for expected gross proceeds of $593 million. The CH&S business, based in Aurora, Illinois, generated net sales of approximately $395 million in 2021 and is known for brands such as BRK and First Alert. The sale will enable Newell to focus on its core capabilities while using the after-tax proceeds for debt reduction and a $375 million share repurchase program. The transaction is expected to close by the end of Q1 2022.
Newell Brands Inc. (NASDAQ: NWL) announced a quarterly cash dividend of $0.23 per share, payable on March 15, 2022 to stockholders of record by the close of business on February 28, 2022. This decision underscores the company's commitment to providing returns to its shareholders while maintaining a robust portfolio of renowned brands, such as Rubbermaid and Graco. For more details, visit www.newellbrands.com.
Newell Brands Inc. (NASDAQ: NWL) will release its fourth quarter and full year 2021 earnings results on February 11, 2022, before market open, followed by a live webcast at 8:30 A.M. ET. The company's strong portfolio includes brands like Rubbermaid, FoodSaver, and Yankee Candle, positioning it as a significant player in the consumer goods market. Investors can access the webcast through the Newell Brands website.
The Yankee Candle Company has launched the new Well Living Collection, designed to enhance home wellness with 20 nature-inspired fragrances. Each candle is crafted with essential oils and a coconut-soy wax blend. The collection aims to promote togetherness and relaxation, available in various sizes including two-wick and three-wick jars. The collection is currently sold at YC.com and Meijer stores, with availability at Bed Bath & Beyond in February. The initiative reflects a growing trend towards holistic wellness.
On December 8, 2021, Mr. Coffee announced a partnership with ManiMe to launch the coffee-inspired ManiMe x Mr. Coffee Capsule Collection. This collaboration features three unique gel nail designs: Caffeinated Confetti, First Sip, and Lavender Latte, perfect for holiday gifting. Chris Robins, CEO of Home Appliances at Newell Brands, highlighted the blend of convenience and style the collection offers. Inspired by the innovative Mr. Coffee Single Serve Iced and Hot Coffee Maker, the collection emphasizes accessible self-care and relaxation for coffee aficionados.
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.
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