Content about Newell Rubbermaid

February 3, 2014

Newell Rubbermaid reported strong fourth-quarter and full-year results, to the tune of a double-digit year-over-year improvement in its bottom line.

Net sales for the three months ended Dec. 31 were $1.49 billion, up 2.9% in year-ago terms. For the full year, sales came in at $5.69 billion, a 2.0% increase over 2012.

The company realized significantly better progress in terms of its net income. Income for the fourth quarter was $117.3 million, up 15.1% year-over-year. For the 12-month period, income was $474.6 million, up 18.3% from 2012's $401.3 million.

December 9, 2013

Tractor Supply, Scotts and Newell Rubbermaid pace the field on the Home Channel Stock Roundup. Gas prices hold steady at about $3.26 for a gallon of regular.

 

December 9, 2013

Newell Rubbermaid has appointed Paula S. Larson to the post of EVP and chief human resources officer, succeeding the soon-to-be-retired James M. Sweet, effective Dec. 16.

October 28, 2013

Newell Rubbermaid reported massive gains of 79% in net income for the third fiscal quarter of 2013, a momentary boom that the company attributed to the sale of its hardware business.

Newell sold the unit to Nova Capital for $214 million, before taxes, in September.

October 3, 2013

In an effort to recalibrate its branding efforts and global investments, Newell Rubbermaid is consolidating a number of marketing agencies worldwide into one lead creative partner and one lead media-buying partner.

Bartle Bogle Hegarty (BBH) will serve as lead creative agency, wherein it will assume responsibility for strategy, creative execution and implementation of all brand-related communication channels. Led by BBH New York, the assignment will have global support from the company's network. 

September 19, 2013

Newell Rubbermaid has appointed Nate Young to the newly created role of VP global innovation, which will involve developing the company's innovation process.

Young will be leaving his role as president of the NewNorth Center for Design in Business, a nonprofit education and business institution. In his new role, he will work closely with the marketing and design/R&D departments to help drive innovation across the business and build a network of inventor, university and corporate innovation communities.

September 12, 2013

Atlanta-based Newell Rubbermaid announced it has closed the sale of its Hardware business, which includes the Amerock, Ashland, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. 

The transaction was first announced Aug. 9.

August 23, 2013

Stocks were overwhelmingly in the green at Thursday's close, with the exception of Newell Rubbermaid and Sears, which took a nosedive of 8.20%.

August 8, 2013

Newell Rubbermaid is streamlining its operations by removing its common listing from the Chicago Stock Exchange next month, the company announced Thursday.

According to a company statement, the decision was enacted in an effort to trim the duplicate administrative requirements and costs resulting from the maintenance of a dual listing. Newell Rubbermaid does not believe the move will impact the liquidity of its common stock.

July 26, 2013

Newell Rubbermaid, whose brands include Irwin Tools, Lenox and Calphalon in addition to Sharpie and Paper Mate, reported second-quarter net sales of $1.47 billion, up 3.5% from the prior-year quarter.

Net income for the Atlanta-based company was $109.8 million, down 1.8% from the same quarter last year.

The company's Home Solutions segment net sales were $399.1 million, up 2.0%. The growth was driven by strong results from Rubbermaid and increased distribution of Calphalon. 

Tools segment net sales were down 2.2% to $198.0 million. 

July 16, 2013

In a move to focus on its core businesses, Atlanta-based Newell Rubbermaid sold its Teach platform, including the Mimio and Headsprout interactive teaching technology brands, to Skyview Capital, a Beverly Hills, Calif., private equity firm.

June 17, 2013

Newell Rubbermaid has made way for a major e-commerce recalibration with the appointment of Jeremy Liebowitz as the company's first VP global e-commerce. Touting an 18-year track record of driving e-commerce growth, Liebowitz will be spearheading Rubbermaid's latest initiative to develop a global online presence.

Liebowitz is leaving his position as VP digital commerce and marketing at Jaden Corp., where he achieved steady online revenue growth over five years. 

May 3, 2013

Newell Rubbermaid reported first-quarter net income of $54.2 million, down 31.7% from $79.3 million. Sales for the quarter were $1.241 billion, down 0.8%.

Newell Rubbermaid reported first-quarter net income of $54.2 million, down 31.7% from $79.3 million. Sales for the quarter were $1.241 billion, down 0.8%.

During the earnings release, the company announced plans to sell its Hardware and Teach Platform business. 

May 3, 2013

The company has announced plans to sell its “Hardware and Teach Platform” businesses.

Newell Rubbermaid has announced its intention to sell its Hardware and Teach Platform businesses -- the Bulldog, Shurline, Ashland and Amerock brands, the drapery hardware business, and Mimio.

“These are good businesses run by talented people but they do not fit with our strategy,” said CEO Michael Polk. 

In 2012, the Hardware and Teach Platform represented net sales of more than $300 million. Newell’s Irwin Tools brand is not part of the group up for sale.

April 8, 2013

Stocks are mixed on the Home Channel Stock Roundup, with Newell Rubbermaid pacing the field. The unemployment rate slip to 7.6% as gas prices level.

Stocks are mixed on the Home Channel Stock Roundup, with Newell Rubbermaid pacing the field. The unemployment rate slips to 7.6% as gas prices level.

March 29, 2013

Newell Rubbermaid says it will create a state-of-the-art Design Center to accelerate growth through enhanced capabilities in design and innovation.

Newell Rubbermaid says it will create a state-of-the-art Design Center to accelerate growth through enhanced capabilities in design and innovation.

The new center of excellence is expected to open by early 2014 in Kalamazoo, Mich., an area rich in talented designers, the company said.  

February 21, 2013

After three years of research and development, Newell Rubbermaid has launched a new brand of tools into the heating, ventilation, air conditioning and refrigeration market.

February 21, 2013

Newell Rubbermaid announced it will reaffirm its fiscal year 2013 outlook, as provided in its fourth quarter 2012 earnings press release dated Feb.1, 2013, during its presentation Thursday at the Consumer Analyst Group of New York (CAGNY) conference.

Newell Rubbermaid announced it will reaffirm its fiscal year 2013 outlook, as provided in its fourth quarter 2012 earnings press release dated Feb.1, 2013, during its presentation Thursday at the Consumer Analyst Group of New York (CAGNY) conference.

The company’s guidance and key assumptions for the full year 2013 are as follows: 

January 29, 2013

Newell Rubbermaid has launched its new Hilmor tool brand for heating, ventilation and air conditioning/refrigeration (HVAC/R) technicians.

Newell Rubbermaid has launched its new Hilmor tool brand for heating, ventilation and air conditioning/refrigeration (HVAC/R) technicians. Hilmor is the third anchor brand within the company's Tools segment.           

January 9, 2013

Andrea Freeman, the former VP marketing and brand management at Newell Rubbermaid, has joined Aaron’s, the rent-to-own retailer, as VP marketing. Freeman will report directly to Aaron’s chairman, president and CEO Ronald Allen and be responsible for marketing strategy and implementation, marketing communications, research and planning, business development, and coordination with sales and other business partners on strategic initiatives.

December 14, 2012

Seeing opportunity in China for brands such as Irwin, Dymo and Lenox, Newell Rubbermaid pushes what it calls a "Growth Game Plan." 

Newell Rubbermaid announced the expansion of its office in Shanghai as the company continues to drive its Growth Game Plan. The expanded Shanghai office currently houses nearly 200 employees, with additional capacity for future growth. 

November 28, 2012

Newell Rubbermaid, the Atlanta-based company that recently reorganized its myriad brands into six business units, down from nine, gave investors insights into how those units have performed.

The six business units in the streamlined structure are home solutions, writing, tools, commercial products, baby and parenting, and specialty.

November 16, 2012

Distribution America and PRO Group, Inc. presented the following awards during the Executive Planning Conference, held Nov. 12-14 in Tucson, Ariz. 

Best New Product awards went to:

Electrical: Designer’s Edge – Rechargeable Work Light w/ 24 Hi-Intensity LEDs

Hand tools: Goldblatt Tools – Ram Rod Impact Tool w/ 1” Chisel Bit

Housewares/seasonal: Newell Rubbermaid – 32 Gallon Brute Trash Can w/ Lid

October 28, 2012

The average price for a gallon of gas continued to decline last week -- down to $3.55. Beacon Roofing Supply and Newell Rubbermaid pace the stocks on the Home Channel Stock Roundup.

October 26, 2012

In addition to an extensive structural makeover, dubbed "Project Renewal,"  Newell Rubbermaid president and CEO Mike Polk announced a new leadership team that includes outside appointments to several executive positions.