All Coleman articles – Page 2

Article

Newell reports Q2 sales rise of 28.3 percent

30 July 2021

For the second quarter, Newell Brands net sales were $2.7 billion, a 28.3 percent increase compared to the prior-year period, as core sales growth of 25.4 percent and favorable foreign exchange were slightly offset by the impact of business and retail store exits. The company said that net sales were ...

News briefs

Newell's sales surge 21%

2 May 2021

Newell Brands’ revenues for the first quarter rose by 21.3 percent to $2.3 billion, with core sales increasing by 20.9 percent. Overall, every business unit and major region increased core sales compared with the year-ago quarter. The management said that 2021 is off to a great start, with double-digit growth, ...

Article

Newell’s sales up by 2.5 %

12 February 2021

Newell Brands’ revenues for the fourth quarter rose by 2.5 percent to $2.7 billion, as a core sales gain of 4.9 percent was partially offset by currency headwinds and divested businesses. The management said that it ended the fourth quarter on a very strong note, with six out of eight ...

News briefs

Newell posts better-than-expected growth

2 November 2020

Newell Brands’ revenues for the third quarter rose by 5.1 percent to $2.7 billion, as a core sales gain of 7.2 percent was partially offset by currency headwinds and divested businesses. The management said it recorded broad-based growth, which was better-than-expected, underpinned by strong consumption, and significant improvement in operating ...

News briefs

Newell Brands elects Jay Johnson of Lamar Advertising to its Board

11 September 2020

Jay L. Johnson, executive vice president, chief financial officer and treasurer of Lamar Advertising Company, a U.S. outdoor advertising company which operates billboards, logo signs, and transit displays in the United States and Canada, has been elected to the board of directors of Newell Brands, effective Sept. 8. He will ...

Article

Newell sales drop by 20%

3 August 2020

Currency headwinds and the effects of the Covid-19 pandemic caused Newell Brands’ revenues for the second quarter to drop by 14.9 percent to $2.1 billion. The gross margin contracted by 3.4 percentage points to 31.5 percent due to measures to reduce debt, currency fluctuations and unfavorable mix. During the period, ...

News briefs

Newell reports a $1.3 billion loss for Q1

7 May 2020

Newell Brands reported an operating loss of $1.1 billion after impairment charges in the first quarter for its Home & Outdoor Living segment, which includes Coleman and Marmot as well as other brands such as ExOfficio, First Alert or Yankee Candle. On a normalized basis, the segment generated a negative ...