by Mike Duff | Jul 28, 2023 | Appliances, Cookware, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
In the second quarter, Newell Brands posted results that were better than Wall Street anticipated as the company continued its restructuring initiative. Second quarter net income of $18 million, or four cents per diluted share, compared with $199 million, or 48 cents...
by Mike Duff | Feb 10, 2023 | Appliances, Bakeware, Cookware, Cutlery, Featured News, Food Storage, Kitchen Electrics, Retail Articles
Newell Brands announced that the company is making changes to its board and executive leadership as it posted a fourth quarter during which market conditions pressured sales and earnings. Robert Steele will become chairman of the Newell Brands board effective May 16...
by Mike Duff | Jan 23, 2023 | Appliances, Cookware, Featured News, Food Storage, Kitchen Electrics, Kitchenware
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...