News


Newell Brands 1st-Quarter Sales Climb 21%

April 30, 2021

Newell Brands, parent company of Rubbermaid Commercial Products, has reported first-quarter net sales of US$2.3 billion, up 21.3% from the same quarter last year.

Newell’s normalized net income rose to $128 million, or $0.30 per share, up from $39 million, or $0.09 per share, a year earlier. The company’s commercial solutions division posted net sales of $471 million, a jump of 12.9% from $413 million in the prior year. Newell attributed the rise in sales to an increase in core sales by its commercial and connected home and security business segments.

Rubbermaid Commercial Products
Headquartered in Winchester, Virginia, Rubbermaid Commercial Products is a manufacturer of products for commercial and institutional markets worldwide. For more information, visit www.rubbermaidcommercial.com.