Content about Rubbermaid

July 21, 2014

Newell Rubbermaid is paying $308 million for Ignite Holdings, a manufacturer of reusable water bottles and travel mugs under the Contigo and Avex brands.

Ignite Holdings is currently under North Castle Partners, a private equity firm with a focus in healthy living products. The company has exhibited a track record of growth, with a historical four year sales CAGR of 35%.

May 2, 2014

Dealing with the adverse impacts of a harness buckle recall on some of its car seats and the weather-related slowdown in its home business, Newell Rubbermaid sales slipped 0.7% in the first quarter to $1.23 billion. 

“Strong core sales growth in Writing offset declines in Home Solutions and Baby, yielding normalized earnings per share of $0.35, flat with last year's results,” said Michael Polk, CEO. 

Net income declined 2.4% to $52.9 million. 

September 6, 2013

Rubbermaid Commercial Products is introducing a new product line geared for the hospitality and property management industries. The Executive Series will provide professional-grade cleaning solutions for high-end properties.

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. 

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. 

February 1, 2013

The Atlanta-based consumer products manufacturer, whose brands include Irwin, Rubbermaid and Lenox, saw total sales for the quarter hit $1.52 billion.