Newell Brands to close Yankee Candle stores, cut jobs [FOX Business Network]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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US:NYSE Investor Relations:
ir.newellbrands.com/investor-relations/default.aspx
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Source: FOX Business Network
Newell Brands will close 20 Yankee Candle stores across North America beginning in January as part of a plan to streamline the brand's retail footprint. The closures, which account for roughly 1% of brand sales, are part of the company's broader optimization plan to align its footprint with "modern consumer shopping behaviors and supports its multi-channel growth strategy Michael Kittredge started Yankee Candle in 1969 and opened its first official store four years later in South Deerfield, Massachusetts. The candle company became a household name in the ‘80s and '90s. Jarden Corp. bought Yankee Candle in 2013 for $1.75 billion. The candle company became part of Newell Brands after Newell Rubbermaid merged with Jarden Corp. in 2016. Newell, which also owns brands like Sharpie, Rubbermaid and Mr. Coffee, announced a global strategy aimed at building a more agile and high-performing organization that can better compete in the market. Aside from closing certain stores, the compa
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NWL
News
- Sharpie maker Newell Brands among recent holiday layoffs [Yahoo! Finance]Yahoo! Finance
- Newell Brands (NWL): Reassessing Valuation After Cost-Cutting Plan and Softer Sales Guidance [Yahoo! Finance]Yahoo! Finance
- Newell Brands to Cut 10% of Employees in Cost-Savings Push [Yahoo! Finance]Yahoo! Finance
- Newell Brands (NASDAQ:NWL) had its price target lowered by analysts at UBS Group AG from $5.50 to $4.00. They now have a "neutral" rating on the stock.MarketBeat
- NUK® Expands Perfect Match™ Line to Help Make Feeding & Soothing Natural at Every StagePR Newswire
NWL
Earnings
- 10/31/25 - Miss
NWL
Sec Filings
- 12/1/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 10/31/25 - Form 10-Q
- NWL's page on the SEC website