Another name change took place in 1999, and the company renamed itself to
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex and Campingaz.
Newell Brands has 22.08% upside potential, based on the analysts' average price target. Is NWL a Buy, Sell or Hold? Newell Brands has a consensus rating of Moderate Buy which is based on 3 buy ratings, 6 hold ratings and 0 sell ratings.
In 1999, Rubbermaid was purchased by Newell for $6 billion. Then Newell changed its name to Newell Rubbermaid. Newell Rubbermaid changed its name again to the present-day Newell Brands in 2016 as part of a takeover of Jarden in another merger.
Largest shareholders include BlackRock, Inc., Pzena Investment Management Llc, Vanguard Group Inc, IJR - iShares Core S&P Small-Cap ETF, CALF - Pacer US Small Cap Cash Cows 100 ETF, COWZ - Pacer US Cash Cows 100 ETF, Cooper Creek Partners Management Llc, Massachusetts Financial Services Co /ma/, Dimensional Fund ...
Rubbermaid. In 1999, Newell acquired the Rubbermaid and Graco brand names in a megamerger worth $5.8 billion, and later renamed the combined firm Newell Rubbermaid.
Newell Brands NWL -26.42%decrease; red down pointing triangle lost a quarter of its market value after the company behind Crock-Pot, Mr. Coffee and Elmer's glue forecast a drop in sales this year and a wider-than-expected loss in the current quarter.
Are Rubbermaid products made in the USA? About 80% of Rubbermaid products are manufactured in the USA. All are manufactured in compliance with the clean air and water regulations, making them more environmentally-friendly, as well.
It was failing to meet shipment deadlines and fill rates and their products were costing too much, they weren't able to meet earnings forecasted and had to settle with being bought out. Wal-Mart did play a role but it did not kill Rubbermaid, Rubbermaid destructed itself.
Lender group completes acquisition of Tupperware's assets. Party Products LLC — made up of Stonehill Capital Management and Alden Global Capital — has acquired the company's brand name and other assets. This audio is auto-generated.
Newell Brands Inc. ( NWL ) pays dividends on a quarterly basis. Newell Brands Inc.
AMSC has acquired NWL, Inc., a New Jersey-based company specializing in power supplies for industrial and military customers, for $25 million in cash and 1,297,600 restricted shares of AMSC common stock valued at approximately $31.4 million.
In 1990, Sharpie was acquired by The Newell Companies (later Newell Rubbermaid) as part of Sanford, a leading manufacturer and marketer of writing instruments. In 2005, the company's Accent highlighter brand was repositioned under the Sharpie brand name.
Rubbermaid's top competitors include Rezip, Church & Dwight, and LocknLock.
The average Rubbermaid salary ranges from approximately $39,484 per year (estimate) for a Sales Associate to $155,230 per year (estimate) for a Marketing Director. The average Rubbermaid hourly pay ranges from approximately $16 per hour (estimate) for a Picker/Packer to $53 per hour (estimate) for a Software Engineer.
Yes, buy it. Rubbermaid's Brilliance containers are affordable, durable, and is approved for use in the microwave, dishwasher, and freezer. Plus, their crystal-clear design lends them a more expensive look than your typical plastic tupperware.
Rubbermaid Brilliance Glass Food Storage Containers
This set has also earned a Kitchen Gear Award, and several of our editors have both the plastic set that's our Best Overall pick (for packing lunches, since it's lighter) and this one, because it resists staining and is oven-safe up to 450˚F.
Food and Drug Administration does not approve Rubbermaid products; they do, however, approve resins and colorants used in the manufacturing of materials. RCP uses FDA-approved resins/colorants for specific products.
Rubbermaid uses a clear plastic for the containers that suffers from cracks. This was put in the top of the dishwasher, and cracked in two places. The lids are amazingly good, but the clear plastic is likely damaged from heat on a dishwasher environment.
Regardless of the types of chemicals in a plastic food container, it may not be entirely safe. Plastics break down over time, which means they can potentially release trace amounts of microplastics and whatever chemicals they are made of into the food.
Newell Brands' odds of distress is under 38% at the moment. It has slight probability of undergoing some form of financial hardship in the near future.
Sales are in a slump and management is changing its outlook accordingly. Shares of Hormel Foods (HRL -1.48%) got knocked down on Wednesday after the company reported financial results for its fiscal third quarter of 2024. As of 10:30 a.m. ET, Hormel stock was down 8% and getting close to nine-year lows.
NWL Forecast - Frequently Asked Questions
What is Newell Brands' forecast for 2025? According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Newell Brands is $10.70, with a high forecast of $17.00 and a low forecast of $6.25.