by Mike Duff | Jul 31, 2024 | Retail Articles
The Conference Board reported its Consumer Confidence Index rose in July to 100.3, just above the positive/negative borderline after registering a downwardly revised 97.8 in June. The Present Situation Index, based on consumers’ assessment of current business...
by Mike Duff | Jul 26, 2024 | Featured News, Retail Articles
Newell Brands continued its turnaround push by beating a Wall Street second-quarter earnings estimate while coming up a little short of a revenue forecast. Net income was $45 million, or 11 cents per diluted share, versus $18 million, or four cents per diluted share,...
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...
