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.
United Solutions has extended its licensing agreement with Rubbermaid Incorporated, a subsidiary of Newell Brands (NASDAQ: NWL), to enhance the sales of top-selling storage solutions, including ActionPacker® and Cleverstore™. This 7-year agreement includes the launch of eco-friendly products under the ECOSense® brand, comprised of 100% recycled materials. The collaboration aims to expand sales in both traditional and online channels, showcasing innovative products like 18-gallon and 40-gallon storage totes. United Solutions continues to manufacture these products in Leominster, Massachusetts, and Sardis, Mississippi.
Rubbermaid Commercial Products (RCP), a division of Newell Brands, announced a donation of $1.3 million in hand sanitizer to support under-resourced schools through the Kids In Need Foundation (KINF). This initiative, named Back to Clean, aims to ensure safe in-person learning as schools resume this summer and fall. Over 270,000 bottles will be distributed to 11 locations nationwide, benefiting more than 651 schools and 295,737 students. RCP's commitment includes ongoing support and resources for facility managers to enhance hand hygiene.
Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, payable on June 15, 2021. This dividend will benefit common stockholders of record by the close of business on May 31, 2021. Newell Brands is a prominent consumer goods company, recognized for its diverse portfolio of brands designed to enhance consumer life globally.
Newell Brands (NWL) reported strong Q1 2021 results with net sales of $2.3 billion, up 21.3% year-over-year. Core sales growth was 20.9%, with every business unit showing increases. Normalized EPS reached $0.30, compared to $0.09 in the prior year. The company improved its full-year net sales forecast to $9.9-$10.1 billion and normalized EPS outlook to $1.63-$1.73. Operating margin rose to 10.1%, and the leverage ratio improved to 3.3x. The CEO highlighted ongoing opportunities for growth through strategic execution amid inflationary pressures.
Rubbermaid has partnered with stylist Emily Henderson to promote organization in homes using Rubbermaid Brilliance Pantry containers. The collaboration emphasizes spring cleaning and the psychological benefits of an organized space. Henderson provides tips for pantry organization, including buying in bulk, decanting goods, and maximizing space with stackable containers. The Rubbermaid Brilliance Pantry line features air-tight seals, modular designs, and stain-resistant materials, aiming to enhance functionality and aesthetics in kitchens. The containers are available at major retailers such as Amazon, Target, and Walmart.
Newell Brands (NASDAQ:NWL) has donated over 2.8 million school supplies, including Sharpie® and Paper Mate® products, to UNICEF USA. This contribution aims to support UNICEF’s education programs amid COVID-19, helping approximately 90,000 children in Egypt and Jordan. The pandemic has inflicted severe education disruptions, impacting over 168 million children globally. Newell Brands emphasizes its commitment to aiding vulnerable youth, ensuring they have the tools needed to continue their education during these challenging times.
Newell Brands Inc. (NASDAQ: NWL) will release its first quarter 2021 earnings results on April 30, 2021, before the market opens. Following this, a live webcast will occur at 10:00 a.m. ET, providing insights into the company's performance. Investors can access the webcast through the Events & Presentations section on Newell Brands' website.
Newell Brands is a global leader in consumer goods, offering a wide array of well-known brands, committed to innovative and sustainable products that enrich consumer lives.
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.