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The WoodWick® Candle Brand Announces Partnership with Reforestation Nonprofit, One Tree Planted

Retrieved on: 
Thursday, March 24, 2022
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SOUTH DEERFIELD, Mass., March 24, 2022 /PRNewswire/ -- The Yankee Candle Company, Inc., part of the Newell Brands portfolio and maker of premium WoodWick® brand candles, announces today its partnership with One Tree Planted, an environmental charity that supports reforestation around the world.

Key Points: 
  • SOUTH DEERFIELD, Mass., March 24, 2022 /PRNewswire/ -- The Yankee Candle Company, Inc., part of the Newell Brands portfolio and maker of premium WoodWick brand candles, announces today its partnership with One Tree Planted, an environmental charity that supports reforestation around the world.
  • To celebrate Earth Month this April, the company, on behalf of the WoodWick brand, is donating $75,000 to plant 75,000 trees in 2022.
  • "WoodWick's partnership with One Tree Planted provides a meaningful way for us to contribute to a healthier planet through reforestation."
  • In addition to the partnership with One Tree Planted, Newell's Home Fragrance business,which includes Yankee Candle, Chesapeake Bay Candle and WoodWick, also partners with Terracycle to reduce product waste after use.

Newell Brands Releases 2021 Corporate Citizenship Report and Sets 2040 Carbon Neutral Goal for all Scope 1 and Scope 2 Emissions

Retrieved on: 
Wednesday, March 9, 2022
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Newell Brands Inc. (NASDAQ: NWL) announced today the release of its annual 2021 Corporate Citizenship Report, Creating Shared Value .

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today the release of its annual 2021 Corporate Citizenship Report, Creating Shared Value .
  • We are delighted to share our 2021 Corporate Citizenship Report and Im pleased announce our goal to achieve carbon neutrality by 2040 for all Scope 1 and 2 emissions across our portfolio.
  • In 2021, Newell Brands conducted its first materiality assessment to better understand the corporate citizenship topics most important to stakeholders.
  • Newell Brands committed to carbon neutrality by 2040 for all Scope 1 and 2 emissions across the global portfolio.

Newell Brands Announces Agreement to Repurchase $275 Million of its Shares from Icahn Enterprises

Retrieved on: 
Tuesday, February 22, 2022
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Newell Brands will utilize cash on hand and its existing credit facility to fund the share repurchase.

Key Points: 
  • Newell Brands will utilize cash on hand and its existing credit facility to fund the share repurchase.
  • The share repurchase is expected to close no later than February 25, 2022, subject to customary closing conditions, after which Icahn Enterprises is expected to own approximately 33 million common shares of Newell Brands, which represents approximately 8% of the companys outstanding shares.
  • This share repurchase will be made pursuant to the existing authorization under the companys $375 million share repurchase program, associated with Newell Brands planned divestiture of the Connected Home & Security business.
  • I look forward to our continued partnership, as I remain one of the companys largest shareholders, with approximately 33 million shares valued at $855 million.

Newell Brands to Present at 2022 CAGNY Conference

Retrieved on: 
Thursday, February 17, 2022
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Newell Brands Inc. (NASDAQ: NWL) announced today that President and Chief Executive Officer, Ravi Saligram, and Chief Financial Officer and President, Business Operations, Chris Peterson, will present at the 2022 Consumer Analyst Group of New York (CAGNY) Conference, which will be held virtually.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today that President and Chief Executive Officer, Ravi Saligram, and Chief Financial Officer and President, Business Operations, Chris Peterson, will present at the 2022 Consumer Analyst Group of New York (CAGNY) Conference, which will be held virtually.
  • The virtual presentation will be webcast and may be accessed by selecting Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com .
  • Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.
  • This press release and additional information about Newell Brands are available on the companys website, www.newellbrands.com .

Graco® Launches Its Most Versatile Stroller Yet - the New Modes™ Nest2Grow™ 4-in-1 Stroller

Retrieved on: 
Tuesday, February 15, 2022
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"The Modes Nest2Grow 4-in-1 Stroller offers more than 15 ways to ride so parents can truly customize the strolling experience for themselves and their growing family."

Key Points: 
  • "The Modes Nest2Grow 4-in-1 Stroller offers more than 15 ways to ride so parents can truly customize the strolling experience for themselves and their growing family."
  • Offering four modes of use, the Modes Nest2Grow toddler stroller can easily convert into an infant car seatcarrier, infant carry cot or double strollerwith the purchase of additional accessories.
  • Additionally, the Modes Nest2Grow DLX Travel System (MSRP: $499.99) will be available online and in-store exclusively at buybuyBABY in the coming months.
  • For more details on the Graco Modes Nest2Grow 4-in-1 Stroller, visit www.gracobaby.com and follow @graco on Instagram and Facebook .

Newell Brands Named One of Fortune’s 2022 World’s Most Admired Companies

Retrieved on: 
Wednesday, February 9, 2022
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Newell Brands Inc. (NASDAQ: NWL) announced today that it has been named to Fortunes 2022 Worlds Most Admired Companies list, placing among the top six companies in the home equipment, furnishing industry category and 224 overall.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today that it has been named to Fortunes 2022 Worlds Most Admired Companies list, placing among the top six companies in the home equipment, furnishing industry category and 224 overall.
  • Newell Brands is proud to be named by Fortune as a most admired company and recognized for the strength of our brands and commitment to operational excellence, said Ravi Saligram, Newell Brands President and CEO.
  • Newell Brands was recently recognized on several other prestigious lists as well, including The Wall Street Journals Management Top 250 Best-Managed Companies of 2021 , Forbes Worlds Top Female Friendly Companies 2021, Forbes Best Employers for Diversity 2021 , Newsweek America's Most Responsible Companies 2022 and the Human Rights Campaign Foundation Corporate Equality Index in 2021 and 2022.
  • Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.

Resideo Announces Agreement to Acquire First Alert, Inc., a Leader in Home Safety Products, and Provides Preliminary Fourth Quarter Financial Results

Retrieved on: 
Monday, February 7, 2022
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SCOTTSDALE, Ariz., Feb. 7, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that it has entered into a definitive agreement to acquire First Alert, Inc., a leading provider of home safety products, from Newell Brands Inc. (Nasdaq: NWL) for $593 million in an all cash transaction, or approximately $547 million net of expected future tax benefits.

Key Points: 
  • "The addition of First Alert to the Resideo portfolio provides a highly complementary extension of our existing sensor solutions in the home," commented Jay Geldmacher, Resideo CEO.
  • First Alert advances our strategy of expanding Resideo's presence with contractors and broadening our suite of sensors for the home."
  • For the quarter ended December 31, 2021, Resideo's preliminary expectations include revenue of $1.454 billion, gross margin of 27.2% and operating profit of $141 million.
  • Resideo will release full fourth quarter and full year 2021 financial results after the close of the New York Stock Exchange on Tuesday, February 15, and host a webcasted conference call at 5 p.m.

Newell Brands Announces Agreement to Sell the Connected Home & Security Business to Resideo Technologies, Inc.

Retrieved on: 
Monday, February 7, 2022
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Newell Brands Inc. (NASDAQ: NWL) announced today that it has signed a definitive agreement to sell the Connected Home & Security (CH&S) business to Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today that it has signed a definitive agreement to sell the Connected Home & Security (CH&S) business to Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products.
  • Gross proceeds from the divestiture are expected to be $593 million, subject to customary working capital and transaction adjustments.
  • As such, Newell Brands Board of Directors has authorized a $375 million share repurchase program, effective immediately.
  • Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.

Yankee Candle Introduces New Wellness-Inspired Fragrances with Launch of the Well Living Collection

Retrieved on: 
Tuesday, January 25, 2022
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The Well Living Collection is made with essential oils, a coconut and soy wax blend, and natural fiber wicks.

Key Points: 
  • The Well Living Collection is made with essential oils, a coconut and soy wax blend, and natural fiber wicks.
  • The collection features 20 new Yankee Candle fragrances, all of which were created to inspirethoughtful transitions throughout your day.
  • The Yankee Candle Well Living Collection comes in several sizes and forms including a two-wick large square jar, a 3-wick medium square jar, and a single wax melt.
  • The Yankee Candle Company, Inc., is a wholly owned subsidiary ofNewell Brands, Inc. and is sold through mass and specialty retailers, online and in Yankee Candle retail stores.

VTEX Kicks off the Year with Live Shopping App Momentum, New Global Enterprise Customers and Chief Technology Officer

Retrieved on: 
Thursday, January 20, 2022
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"We are proud to future proof our enterprise clients by allowing them to jump to this new era immediately.

Key Points: 
  • "We are proud to future proof our enterprise clients by allowing them to jump to this new era immediately.
  • Rapid Adoption of VTEX Live Shopping App, Increasing 5x the Average Online Session Time
    Since its launch, the VTEX Live Shopping app has experienced rapid adoption among VTEX customers.
  • Teams can use the Live Shopping app to plan, execute and manage live one-to-one and one-to-many events.
  • To support its continued global expansion and product innovation, VTEX appointed leading technologist Fernanda Weiden as its new Chief Technology Officer (CTO) to oversee the organization's global engineering, product and design teams.