by Mike Duff | Feb 9, 2024 | Featured News, Retail Articles
In the fourth quarter, Newell Brands did better than Wall Street expected as it pursued a revamped corporate strategy that included initiatives to improve operations. Net loss was $86 million, or 21 cents per diluted share, versus a net loss of $249 million, or 60...
by Mike Duff | Oct 27, 2023 | Appliances, Cookware, Home + Housewares, Kitchen Electrics, Kitchenware, Retail Articles
Newell Brands posted a big third-quarter earnings beat versus Wall Street estimates but fell short of analyst forecasts on sales, including sales declines in its home product businesses. The company reported a net loss of $218 million, or 53 cents per diluted loss per...
by Mike Duff | Jun 6, 2023 | Retail Articles
Presenting at the 2023 dbAccess Global Consumer Conference in Paris, Newell Brands president and CEO Chris Peterson and CFO Mark Erceg provided an update on the company’s strategic priorities, capital allocation framework and Evergreen Targets as part of focusing and...
by Mike Duff | Apr 28, 2023 | Appliances, Cutlery, Featured News, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands posted a first-quarter loss as it takes steps to make the business more efficient. Newell posted a net loss of $102 million, or 25 cents per diluted share, versus net income of $228 million, or 54 cents per diluted share, in the year-earlier quarter....