Newell Q1 Sales Down, Net Loss Grows
First quarter sales at Newell Brands were down as the company also reported a net loss for the quarter ended March 31.
Newell Brands
Polk Out As Newell Brands CEO
Michael Polk, Newell Brands president and CEO, will “retire from the company” at the end of the second quarter.
Report: Newell’s Struggle Puts CEO Polk On Hot Seat
Just days after Newell Brands reported another decline in quarterly revenue, the company’s board of directors may be looking to replace CEO Michael Polk.
Fourth Quarter, Annual Sales At Newell Brands Down
Fourth quarter revenue at Newell Brands was down as the company reported sales declines in its three key product segments including Food & Appliances.
BJ’s Wholesale Club Adds Peterson To Board Of Directors
BJ’s Wholesale Club has appointed Christopher Peterson, executive vice president, chief financial officer of Newell Brands, to its board of directors. He will serve as chair of the board’s audit committee.
Newell Brands Names Peterson CFO
Newell Brands has named Christopher Peterson as the company’s evp/CFO. His appointment is effective December 3 and he will report to Michael Polk, the company’s president and CEO.
Newell Brands Selling Pure Fishing, Jostens
Newell Brands continues moving forward with its Accelerated Transformation Plan and has signed agreements to sell two businesses, Pure Fishing and Jostens.
Newell Brands Q3 Sales Decline
Third quarter net sales at Newell Brands were down as company officials said several factors including a decline in core sales were to blame for the decrease.
Newell Expands Crock-Pot Multi-Cooker Assortment
Newell Brands has expanded its Crock-Pot assortment with the debut of its 4-quart and 8-quart Express Crock Multi-Cookers.
Newell Brands To Sell Goody Products To ACON
Newell Brands has signed a definitive agreement to sell Goody Products, a manufacturer of hair styling tools and accessories, to a fund managed by ACON Investments, a private equity investment firm.
Newell Q2 Sales Fall As Concerns About Tariffs Grow
Second quarter sales at Newell Brands were down as company officials pinned the decrease on the closing of Toys ‘R Us and inventory destocking in the office superstore segment.
Groupe SEB Adjusts Americas Management Roles
Groupe SEB has made several changes to its executive leadership team in the Americas.
Newell Honored For ‘This Is Us’ Crock-Pot Marketing Campaign
When Jack Pearson, a popular character in the NBC hit TV show “This Is Us,” died on the show as the result of a house fire that appeared to be caused by a faulty slow cooker, many of the show’s loyal fans reacted negatively, saying they would never use their Crock-Pot again.
Newell Brands Sells Rawlings Sporting Goods
Newell Brands has taken the next step in its accelerated transformation plan with the sale of Rawlings Sporting Goods Company.
Oster Launches DuraCeramic Air Fryer
Oster, a division of Newell Brands, has launched its DuraCeramic air fryer, which offers several features including a tilt function and non-stick rotating bowl.
Newell Brands Chief Financial Officer To Retire
Newell Brands said that its evp/chief financial officer, Ralph Nicoletti, will retire at the close of 2018.
First Alert Launches Safe & Sound Connected Smoke Alarm
First Alert has launched the connected Onelink Safe & Sound smoke, fire and carbon monoxide detector with Alexa and Apple Home Kit integration. The alarm also features entertainment and lifestyle features such as connected audio functions.
Newell Q1 Sales Down, Additional Divisions For Sale
It was a busy first quarter for Newell Brands as the company reported a decline in net sales while also announcing an acceleration in its transformation plan that includes the sale and possible sale of select divisions.
Newell, Starboard Reach Agreement
The proxy fight between Newell Brands and Starboard Value LP appears to be over as the two parties have reached an agreement that includes the appointment of new members to Newell’s board of directors.
Four Seeking Seats On Newell Board Withdraw Nominations
A day after Newell Brands announced a deal with billionaire investor Carl Icahn, activist hedge fund Starboard Value LP said its four nominees for Newell’s board of directors are withdrawing their nominations.