Mr. Stephen B. Parsons

Chief HR Officer

Mr. Nate  Young

Senior Vice President of Design & Ideation

Mr. Christopher H. Peterson

Pres & Chief Financial Officer

Mr. Bradford R. Turner

Chief Legal & Admin. Officer and Corporation Sec.

Mr. Michal J. Geller

Pres of eCommerce & Digital

Mr. Dan  Gustafson

Chief Information Officer

Ms. Sofya  Tsinis

Vice President of Investor Relations

Mr. Jeffrey M. Sesplankis

Chief Accounting Officer

Pres, Chief Executive Officer & Director

Mr. Ravichandra K. Saligram

Chief Executive Officer & Director

Beth  Stellato

Chief Communications Officer

Pres

Mr. Mark J. Erceg CFA

Chief Financial Officer

Mr. Michael P. McDermott

Segment Chief Executive Officer of Home & Commercial Solutions

Ms. Kristine Kay Malkoski

Segment Chief Executive Officer of Learning & Devel.

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. It operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and home and security, and smoke and carbon monoxide alarms products under the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Crock-Pot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Graco, NUK, Tigex, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, office superstores and supply stores, contract stationers, and distributors, e-commerce, sporting goods, specialty, and travel retailers. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.

A board of director's decision to employ dividend cuts is usually motivated by a need to shore up a company's financials. Its near-term ability to generate cash flow becomes compromised.

What Should Investors Make of These 3 Dividend Cuts?

Newell Brands' 1Q23 results showed net sales and core sales declines, validating bear case concerns, but the company reaffirmed its full-year 2023 guidance, indicating expectations of improved performance in the second half of the year. Recent restructuring efforts, including price adjustments and distribution center optimization, demonstrate the new CEO's commitment to improving business fundamentals. I recommend a hold rating for NWL, as it would be better to wait for more validation before re-evaluating the situation.

Newell Brands: Strategic Restructuring Should Better Position The Business

Shares of Newell Brands Inc. NWL, +3.19% dropped more than 3% in the extended session Friday after the consumer products company behind brands such as Rubbermaid and Elmer glue said it was embarking on a restructuring and savings plan intended to “streamline” its North American distribution network. The goal is to improve the company's cost structure, Newell Brands said.

Rubbermaid parent Newell Brands stock falls 3% after company unveils restructuring plan

ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today that President and Chief Executive Officer, Chris Peterson, and Chief Financial Officer, Mark Erceg, will present at the dbAccess Global Consumer Conference in Paris at 2:30 a.m. ET (8:30 a.m. CEST) on Tuesday, June 6, 2023. The presentation will be webcast and may be accessed by selecting Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The webcast will be archived.

Newell Brands to Webcast Presentation at the dbAccess Global Consumer Conference

Bank of America is getting more bullish on S&P 500 stocks. Just not the ones that have been driving the S&P 500 higher all year.

Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think

Newell Brands Slashes Profit Targets, Changes CEOs

Newell Brands Stock Falls on Forecast for First-Quarter Loss

A Strong First Quarter Boosts Newell Brands Stock

Newell's Revenue Forecast Missed the Mark. Blame a Divestiture and Store Closures.

Zillow, Affirm, GoDaddy, Zendesk: What to Watch in the Stock Market Today

Novavax, Moderna, Tesla: What to Watch in the Stock Market Today

Powered by AI

Newell Brands Inc.

8.70