Newell Brands is launching a restructuring and savings initiative, Project Phoenix, the company said is intended to will its scale to reduce complexity, streamline the operating model and drive efficiencies. Newell expects to substantially implement Project Phoenix by...
Newell Brands named Mark Erceg chief financial officer, effective January 9, 2023. Erceg, based in Atlanta, will succeed Chris Peterson as CFO. Peterson recently was named president of Newell Brands. Erceg brings 30 years of global financial and operational experience...
Newell Brands reported third-quarter net sales were $2.3 billion, a 19.2% year-over-year decline, citing a core sales decrease of 10.8% and impact from the sale of its Connected Home & Security business at the end of the first quarter 2022, unfavorable foreign...
Newell Brands, maker of Ball home canning products, has added Ball Stack & Store Jars to its pantry and storage collection. The Ball Stack & Store Jars are airtight and stackable, designed to provide space-efficient organization for pantry, cabinet and...
Newell Brands Inc. reported it is revising its outlook for its third quarter and full-year 2022 to reflect a more challenging operating and consumer backdrop than initially expected. The company revised its third-quarter net sales outlook to $2.21billion to $2.32...