Newell Brands has announced impressive financial results for FY2021 and Q4. After several years of declines, 2021 results showed a return to growth due to the sharpening of brand positioning, strengthening the marketing and innovation muscle, leveraging consumer insights and foresights and capitalizing on consumer trends. FY2021 Core sales increased 12.5 percent, as each Business Unit grew versus last year and on a two-year stacked basis. This was fueled by strong consumption in the U.S. relative to both 2020 and 2019 pre-pandemic levels.
Newell Brands President and CEO Ravi Saligram shared his positive perspective on the company’s progress while Chief Financial Officer and President, Business Operations, Chris Peterson discussed the strong results of Q4 and 2021 as a whole and the strategies in place to continue the momentum.
To read an in-depth breakdown of Q4 and 2021’s financial results, please view the press release, here.