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Newell Brands Beats Wall Street in Q1, Foresees U.S. Manufacturing Advantages

Newell Brands Beats Wall Street in Q1, Foresees U.S. Manufacturing Advantages

by Mike Duff | Apr 30, 2025 | Retail Articles

Newell Brands posted better first-quarter financial results than Wall Street expected as it has focused on improving fundamentals while anticipating the advantages of expanding domestic manufacturing investment across its businesses. Reported net loss was $37 million,...
Newell CEO Says Transformation On Track After Q4 Earnings Beat

Newell CEO Says Transformation On Track After Q4 Earnings Beat

by Mike Duff | Feb 7, 2025 | Appliances, Bakeware, Candles, Cookware, Cutlery, Décor & More, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware

Newell Brands President and CEO Chris Peterson said a company transformation strategy is gaining traction after Newell beat a fourth-quarter earnings estimate while falling just short of a revenue forecast. Net loss was $54 million, or 13 cents per diluted share,...
Consumer Confidence Gains Suggest Shoppers Are Ready To Spend

Consumer Confidence Gains Suggest Shoppers Are Ready To Spend

by Mike Duff | Nov 6, 2024 | Featured News, Retail Articles

The Conference Board Consumer Confidence Index increased in October to 108.7 jumping from just below to well over the dividing line between positive and negative sentiments, which is a rating of 100. The September reading was  99.2. The Present Situation Index, based...
Newell CEO Says Transformation On Track After Q4 Earnings Beat

Newell CEO Says Corporate Transformation Progressing After Mixed Q3

by Mike Duff | Oct 25, 2024 | Appliances, Home + Housewares

Despite mixed third-quarter results, Newell Brands CEO Chris Peterson said the company’s business transition is taking hold. Reported net loss was $198 million, or 48 cents per diluted share, versus $218 million, or 53 cents per diluted share, in the prior year...
Newell CEO Says Transformation On Track After Q4 Earnings Beat

Report: Newell Moving Some Electrics Production Out of China To Reduce Tariff Exposure

by Peter Giannetti | Aug 9, 2024 | Appliances, Featured News, Home + Housewares, Kitchen Electrics

Newell Brands is looking reduce its tariff exposure related to Chinese imports by moving some production of its countertop kitchen appliances out of China, according to a Reuters report this week citing Newell CEO Chris Peterson. Newell also relocated Chinese South...
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