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 | Jan 8, 2024 | Appliances, Cookware, Cutlery, Featured News, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands has launched an organizational realignment the company expects will strengthen its global brand management and go-to-market strategy while streamlining costs. In addition to improving accountability, Newell maintained, the organizational realignment...
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 | Sep 28, 2023 | Retail Articles
The Conference Board Consumer Confidence Index in September slipped to 103, down from an upwardly revised 108.7 in August. However, the Present Situation index gained as the Expectation Index declined, according to the Conference Board. The Present Situation Index,...
by Mike Duff | Jul 31, 2023 | Retail Articles
Consumer confidence in the United States improved again in July, according to the ongoing study by The Conference Board, and stands at its highest level in two years. In an adjunct to the main results, the Conference Board indicated that 23.3% of consumers plan to...
