Newell Brands Stock Price, News & Analysis

Newell Brands (NASDAQ:NWL) has relaunched its baby brand, Century™, introducing a modern line of affordable, stylish, and sustainable baby gear. This includes car seats, strollers, high chairs, and playards, featuring the Happy Planet Collection, made from recycled materials. The brand emphasizes safety with its rigorous testing standards, and products will be available online from April 1, 2021, and in-store from May 1, 2021. Century™ also supports sustainability through partnerships for recycling, aligning with its Do More Promise™.

On March 23, 2021, Newell Brands announced the winners of its inaugural "Made For More" Small Business Fund, awarding $110,000 to support small businesses using Ball home canning products. Twenty finalists were selected from nearly 2,000 entries, with America voting for ten winners, each receiving $10,000, alongside PR support and mentorship opportunities. Additionally, ten runners-up received $1,000 grants. The program recognizes businesses that positively impact their communities, showcasing Newell's commitment to small enterprises.

On March 16, 2021, Yankee Candle announced its third annual Scent of the Year, titled Discovery. This fragrance, inspired by global exploration, will be available for purchase starting March 16 for Yankee Candle Rewards members and widely on International Fragrance Day, March 21. Discovery features a blend of fruits and spices, including Red Ginger, Mango, and Passion Fruit, designed to inspire connection and cultural appreciation. The candle will debut in a Signature Collection Large Tumbler with a Moroccan-inspired design.

On March 8, 2021, NUK partnered with Breethe and baby sleep trainer Natalie Willes to assist parents in adapting to sleep schedule changes due to Daylight Savings on March 14. The collaboration includes free resources through the online 3AM Club, featuring expert tips, soothing bedtime stories, and guided meditations aimed at reducing parental stress. The initiative acknowledges the common sleep disruptions faced by families, with advice on creating bedtime routines and managing sleep deprivation.

The switch to Daylight Saving Time on March 14 serves as a reminder for families to test smoke and carbon monoxide alarms. First Alert partners with the National Volunteer Fire Council to promote the message of checking alarms during a Facebook Live Chat on February 25. The initiative emphasizes the need for regular maintenance of alarms, as statistics indicate that many fire deaths occur in homes without functioning alarms. First Alert encourages using 10-year sealed battery alarms for convenience while stressing the importance of testing and replacing alarms as needed.

Newell Brands (NASDAQ: NWL) announced that CFO Chris Peterson will participate in a virtual fireside chat at the Truist Consumer Symposium on February 24, 2021, at 8:00 A.M. ET. The event will be webcast live and accessible via the Newell Brands website. An archived version will be available post-event. Newell Brands is a leading global consumer goods company, featuring renowned brands like Rubbermaid®, Sharpie®, and Yankee Candle®. The company is dedicated to providing innovative and planet-friendly products that enhance consumer joy and peace of mind.

Yankee Candle has launched its new Signature Collection, featuring ten exclusive fragrances and modern vessel designs, available from March 1, 2021. The collection includes innovative tumbler candles made with premium soy-wax blends for a cleaner burn. Key scents include Wild Orchid, Iced Berry Lemonade, and Vanilla Crème Brûlée, priced between $13.00 and $29.50. The collection aims to attract both new and returning customers, enhancing the brand's market presence under its parent company, Newell Brands.

Newell Brands (NASDAQ: NWL) will participate in the 2021 Consumer Analyst Group of New York (CAGNY) Conference on February 19, 2021, at 11:50 A.M. ET. The presentation will be led by CEO Ravi Saligram and CFO Chris Peterson.

Investors can access the presentation via webcast on Newell Brands' website, with an archive available for replay afterward.

Newell Brands is a prominent consumer goods company known for various brands such as Rubbermaid, Sharpie, and Coleman. The company focuses on delivering innovative and sustainable products for consumers.

Newell Brands (NASDAQ: NWL) reported its fourth quarter and full year 2020 financial results, showcasing a positive turnaround. Key highlights include a 2.5% increase in net sales to $2.7 billion, a core sales growth of 4.9%, and an improved operating margin of 9.2%. The company achieved a significant cash flow of $1.4 billion. Full-year net sales were $9.4 billion, down 3.4% year-over-year. Looking forward, Newell projects low single-digit core sales growth for 2021 with normalized EPS estimated between $1.55 and $1.65. The leverage ratio improved to 3.5x, indicating a stronger balance sheet.