Newell Brands Files 2024 10-K

Ticker: NWL · Form: 10-K · Filed: Feb 14, 2025 · CIK: 814453

Sentiment: neutral

Topics: 10-K, annual-report, financials

Related Tickers: NWL

TL;DR

NWL filed its 2024 10-K. Full financials and biz ops details inside.

AI Summary

Newell Brands Inc. filed its 2024 10-K on February 14, 2025, reporting on its fiscal year ending December 31, 2024. The filing provides comprehensive financial data and business operations for the company, which is incorporated in Delaware and headquartered in Atlanta, Georgia. Key financial information and operational details are disclosed within this annual report.

Why It Matters

This 10-K filing provides investors and stakeholders with a detailed overview of Newell Brands' financial performance and strategic positioning for the fiscal year 2024, enabling informed investment decisions.

Risk Assessment

Risk Level: medium — This is a standard annual financial filing with no immediate red flags or significant new risks highlighted in the provided snippet.

Key Players & Entities

FAQ

What is Newell Brands Inc.'s Central Index Key?

Newell Brands Inc.'s Central Index Key is 0000814453.

When did Newell Brands Inc. file its 2024 10-K?

Newell Brands Inc. filed its 2024 10-K on February 14, 2025.

What is the fiscal year end for Newell Brands Inc.?

The fiscal year end for Newell Brands Inc. is December 31.

In which state is Newell Brands Inc. incorporated?

Newell Brands Inc. is incorporated in Delaware (DE).

What is the business address of Newell Brands Inc.?

The business address of Newell Brands Inc. is 6655 Peachtree Dunwoody Road, Atlanta, GA 30328.

Filing Stats: 4,227 words · 17 min read · ~14 pages · Grade level 16.5 · Accepted 2025-02-14 16:30:56

Key Financial Figures

Filing Documents

RISK FACTORS

ITEM 1A. RISK FACTORS 5

UNRESOLVED STAFF COMMENTS

ITEM 1B. UNRESOLVED STAFF COMMENTS 18

CYBERSECURITY

ITEM 1C. CYBERSECURITY 18

PROPERTIES

ITEM 2. PROPERTIES 19

LEGAL PROCEEDINGS

ITEM 3. LEGAL PROCEEDINGS 20

MINE SAFETY DISCLOSURES

ITEM 4. MINE SAFETY DISCLOSURES 20 SUPPLEMENTARY ITEM — EXECUTIVE OFFICERS OF THE REGISTRANT 21 PART II 23

MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 23

RESERVED

ITEM 6. RESERVED 24

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 24

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 43

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 44

CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 89

CONTROLS AND PROCEDURES

ITEM 9A. CONTROLS AND PROCEDURES 89

OTHER INFORMATION

ITEM 9B. OTHER INFORMATION 90

DISCLOSURES REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

ITEM 9C. DISCLOSURES REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 90 PART III 90

DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 90

EXECUTIVE COMPENSATION

ITEM 11. EXECUTIVE COMPENSATION 91

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 91

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 91

PRINCIPAL ACCOUNTING FEES AND SERVICES

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES 91 PART IV 92

EXHIBITS, FINANCIAL STATEMENT SCHEDULES

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES 92

FORM 10-K SUMMARY

ITEM 16. FORM 10-K SUMMARY 96

BUSINESS

ITEM 1. BUSINESS "Newell Brands" or the "Company" refers to Newell Brands Inc. alone or with its wholly owned subsidiaries, as the context requires. When this report uses the words "we," "us" or "our," it refers to the Company and its subsidiaries unless the context otherwise requires. The Company was founded in Ogdensburg, New York in 1903 and is incorporated in Delaware. Website Access to Securities and Exchange Commission Reports The Company makes available free of charge on or through its website its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") as soon as practicable after the Company files them with, or furnishes them to, the United States Securities and Exchange Commission ("SEC"). The Company's website can be found at www.newellbrands.com . The information on the Company's website is not incorporated by reference into this Annual report on Form 10-K. GENERAL Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex and Campingaz. Newell Brands is focused on delighting consumers by lighting up everyday moments. The Company sells its products in over 150 countries around the world and has operations on the ground in over 40 of these countries, excluding third-party distributors. BUSINESS STRATEGY Following a comprehensive assessment of key capabilities, starting in the second quarter of 2023, the leadership team began implementing an integrated set of new "where to play" and "how to win" strategies designed to enable the Company to leverage the scale of the portfolio, while further building upon its operational foundation and strengthening its front-end capabil

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