Newell Brands Stock Price, News & Analysis

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.

DYMO® has launched three innovative LabelWriter machines: the LabelWriter® 550, LabelWriter® 550 Turbo, and LabelWriter® 5XL. These products utilize direct thermal printing technology and are compatible with both PC and Mac. Key features include Automatic Label Recognition™, which detects label characteristics, and a label counter to avoid running out unexpectedly. The new printers aim to meet the growing demand for efficient office and at-home labeling solutions, emphasizing sustainability through FSC®-certified materials and 80% recycled packaging.

In recognition of Fire Prevention Month this October, First Alert, in collaboration with fire safety experts and actor Taylor Kinney, emphasizes the significance of whole home safety. The initiative promotes education on critical safety measures, including proper installation and maintenance of smoke and carbon monoxide alarms. Key recommendations include having alarms on every level and in sleeping areas, regular testing and replacement of outdated units, and establishing an escape plan. Events at Lowe's stores will further educate the public about fire and CO safety.

On September 28, 2021, Mr. Coffee unveiled two innovative coffeemakers, the Mr. Coffee Iced+Hot and Mr. Coffee Frappe, Iced and Hot, just in time for National Coffee Day. The Iced+Hot brews iced coffee in under 4 minutes and hot coffee in under a minute, retailing from $54.99. The Frappe model combines brewing and blending capabilities, priced from $109.99. Both come with sustainable brewing tools and a recipe book. As iced coffee consumption rises, Mr. Coffee aims to cater to coffee lovers' needs for quality home brewing.