by Mike Duff | Feb 7, 2025 | Appliances, Bakeware, Candles, Cookware, Cutlery, Décor & More, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
Newell Brands President and CEO Chris Peterson said a company transformation strategy is gaining traction after Newell beat a fourth-quarter earnings estimate while falling just short of a revenue forecast. Net loss was $54 million, or 13 cents per diluted share,...
by Mike Duff | Nov 6, 2024 | Featured News, Retail Articles
The Conference Board Consumer Confidence Index increased in October to 108.7 jumping from just below to well over the dividing line between positive and negative sentiments, which is a rating of 100. The September reading was 99.2. The Present Situation Index, based...
by Mike Duff | Oct 25, 2024 | Appliances, Home + Housewares
Despite mixed third-quarter results, Newell Brands CEO Chris Peterson said the company’s business transition is taking hold. Reported net loss was $198 million, or 48 cents per diluted share, versus $218 million, or 53 cents per diluted share, in the prior year...
by Peter Giannetti | Aug 9, 2024 | Appliances, Featured News, Home + Housewares, Kitchen Electrics
Newell Brands is looking reduce its tariff exposure related to Chinese imports by moving some production of its countertop kitchen appliances out of China, according to a Reuters report this week citing Newell CEO Chris Peterson. Newell also relocated Chinese South...
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...
