Crock-Pot, a division of Newell Brands, has expanded its assortment of slow cookers and multi-cookers with the debut of three appliances that are hitting retail in time for the holiday season.
Third quarter revenue at Newell Brands was down but higher than expected operating margin, earnings per share and operating cash flow led the company to raise its full-year guidance.
The Oster brand, a division of Newell Brands, has launched the newest addition to its blender portfolio, the Oster Pro Blender with Texture Select Settings. The new blender gives consumers the option to customize their food texture with the touch of a button, for thin, medium or thick results.
Calphalon has launched the Calphalon ActiveSense blender, which is said to precisely blend on its own with the help of five preset food settings for commonly blended foods and drinks including smoothies, salsas, milk shakes, juices, and frozen beverages.
Mr. Coffee is launching three new coffeemakers that are designed with features that tap into current-day trends in the coffee space.
Named Newell Brands president/CEO in late July, Ravi Saligram will officially take his new position in early October. He joins the struggling company with a wealth of high-level executive management experience.
Despite a drop in sales in the second quarter, Newell Brands officials are offering a positive outlook for the company as they raised guidance for net sales and operating cash flow for the remainder of the fiscal year.
NBG Home has appointed Hope Margala CEO. Margala succeeds Scott Slater who will continue to serve the company as a member of the board of directors.
Newell Brands has named Ravi Saligram the company’s new president/CEO and a member of its board of directors. He will officially join the company on October 2.
Mr. Coffee has expanded its coffeemaker assortment with the launch of its At-Home Pour Over system.
Ball Fresh Preserving, a brand of Newell, is celebrating 135 years of Ball Jars by bringing back the brand’s vintage aqua blue jars. The company has also launched new recipes and additional new canning products.
Newell Brands has named Christopher Peterson its interim chief executive officer, effective June 28.
First quarter sales at Newell Brands were down as the company also reported a net loss for the quarter ended March 31.
Michael Polk, Newell Brands president and CEO, will “retire from the company” at the end of the second quarter.
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 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 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 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 continues moving forward with its Accelerated Transformation Plan and has signed agreements to sell two businesses, Pure Fishing and Jostens.
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.