Content about Rubbermaid

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%.

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.

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.

September 26, 2012

Newell Rubbermaid, a marketer of consumer and commercial products, has announced the introduction of Rubbermaid Bathroom Scrubbers and the Rubbermaid Clean & Dry Plunger.

September 10, 2012

Newell Rubbermaid appointed Doug Martin, 49, as chief financial officer, succeeding Juan Figuereo.

The multi-faceted consumer product company with brands including Irwin, Rubbermaid and Graco describes Martin as a “decisive, results-oriented leader with a strong record of financial operations management across multiple disciplines and geographies.”

August 29, 2012

The Chamberlain Group, a specialist and leader in garage-door openers, appointed Robert Markwart to president, LiftMaster, Americas and Gary Scott to president, Chamberlain and HeathCo, Americas.

July 27, 2012

Newell Rubbermaid’s net sales declined 1.9% to $1.52 billion in the second quarter ended June 30. Net income declined 23.8% to $111.8 million. But those declines didn’t prevent CEO Michael Polk from looking at the bright side and pointing to momentum.

Core sales, which exclude the impact of changes in foreign currency translation, grew by 0.4%. And net sales for the first six months were $2.85 billion, up 1.0 % from the first-half results last year.

July 27, 2012

Newell Rubbermaid’s net sales declined 1.9% to $1.52 billion in the second quarter ended June 30. Net income declined 23.8% to $111.8 million. But those declines didn’t prevent CEO Michael Polk from looking at the bright side and pointing to momentum.

Core sales, which exclude the impact of changes in foreign currency translation, grew by 0.4%. And net sales for the first six months were $2.85 billion, up 1.0 % from the first-half results last year.

April 29, 2012

Atlanta-based Newell-Rubbermaid posted a sales increase of 4.6% to $1.33 billion for the quarter. Net income was reported of $79.3 million, up from $75.7 million in the first quarter last year.

“We’re encouraged by the solid start to the year,” said Michael Polk, president and CEO. “We generated 5.2% core sales growth, normalized operating margin expansion, and nearly 14% normalized EPS improvement.” 

February 6, 2012

According to an article in the Akron Beacon Journal, the maker of storage containers and Sharpie pens is investing in its plant in Mogadore, Ohio.

In addition to making physical improvements to its Ohio facility, Newell Rubbermaid is bringing in almost 140 jobs. The moves are partly the result of the closing of a company facility in Greenville, Texas.

December 7, 2011

Atlanta-based Newell Rubbermaid announced a new five-year $800 million syndicated revolving credit facility. 

Michael Polk, president and CEO said: “This enhanced credit facility reflects our solid financial position and improved balance sheet, further bolstering our financial flexibility and demonstrating our continued ability to access capital at attractive terms.”

This facility replaces a $665 million syndicated revolving credit facility that was scheduled to mature in November 2012.

November 16, 2011

Newell Rubbermaid is consolidating its current three operating groups into two -- Newell Consumer and Newell Professional.

The move, part of its previous realignment of its global business units as part of its Project Renewal initiative, will also see 13 global business units roll into nine. These changes take effect Jan. 1, 2012.

October 31, 2011

The national average for a gallon of regular gasoline is holding steady at $3.45. Stanley Black & Decker and Newell Rubbermaid showed big monthly gains on the Home Channel Stock Roundup.

October 28, 2011

Atlanta-based Newell Rubbermaid reported a third-quarter net loss of $177.6 million, compared with net income of $28.3 million in the year-ago period. Net sales for the quarter ended Sep. 30 totaled $1.55 billion, an increase of 5.8% from $1.47 in the third quarter of 2010. 

October 13, 2011

Newell Rubbermaid was recognized by Consumer Goods Technology magazine as the "2011 Most Innovative Company."

Newell Rubbermaid was selected for the award by industry peers based on multiple innovative new product launches in 2010 and 2011. Among them, the Rubbermaid Commercial Products Hygen Clean Water System, Calphalon, the Lenox Bi-Metal Speed Slot Hole Saw.

Each year the award honors the consumer goods company that best demonstrates excellence in driving growth through product and process innovation.

August 11, 2011

The Mooresville, N.C.-based home center giant is promoting its

June 24, 2011

Former Unilever executive Michael Polk has been appointed president and CEO of Newell Rubbermaid, effective July 18. He succeeds Mark Ketchum, who is retiring but will remain a director until May 2012.

June 6, 2011

In a corporate announcement that sparked a sharp decline in the company's share value, Atlanta-based Newell Rubbermaid said it is seeing weak consumer spending trends in the United States.

CEO Mark Ketchum pointed to "persistent softness in the U.S. economy and increased inflationary pressure" as a reason to revise downward the company's expectations. Newell Rubbermaid now anticipates 2011 core sales growth in the range of 3% to 4%, down from a previous guidance of 4% to 5%. 

May 1, 2011

With its international business leading the way, Atlanta-based Newell Rubbermaid announced first quarter sales of $1.303 billion, down slightly from $1.306 billion in the same quarter last year.

Net income for the quarter was $75.7 million, up 23.4% from $58.4 million in the year-ago quarter.

February 22, 2011

On a month-to-month basis, total housing starts moved the needle 14% in January, but single-family starts continue to drag.

Elsewhere on the Industry Dashboard for Feb. 22, retail sales for home centers, pro dealers and hardware stores showed a surge in December 2010, compared with the same month in 2009. And stocks on the Home Channel Stock Roundup showed gains across the board relative to both last month and last year.

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