Rubbermaid maker Newell Brands to offload half of its plants, customers [USA TODAY]
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: USA TODAY
Rubbermaid is manufactured by Newell Brands. (Photo: Reviewed.com) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE The conglomerate that makes the Rubbermaid, Sharpie and Coleman brands plans to offload about half of its manufacturing plants and warehouses and cut its customer base in half amid disappointing sales and profits. Newell Brands plans to significantly reduce its corporate focus by exploring strategic options for numerous products, including Rawlings, Rubbermaid commercial assets, Goody, refuse and garage items and playing cards. The Hoboken, N.J.-based company said it would begin the evaluation process immediately and finish by the end of 2019. When companies announce they are exploring strategic alternatives for assets, it often involves sales or closures. It was not immediately clear whether the company is targeting a specific number of job cuts or cost reductions. The company also announced a shakeup for its board of directors with th
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NWL
Earnings
- 2/9/24 - Beat
NWL
Sec Filings
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form 3
- NWL's page on the SEC website