Tag Archives: Michael Polk

Newell Rubbermaid Debuts Design Center

Newell Rubbermaid

ATLANTA-Newell Rubbermaid has opened a design center in Kalamazoo, Mich., in its effort to present itself as a design- and innovation-led company. The 40,000-square-foot facility includes a studio space in which designers can use software tools, immersion laboratories for each of the company’s business segments and a usability laboratory, in which the company’s recently createdMore »

Newell Rubbermaid Q1 Net Slips 2.4 Percent

Newell Rubbermaid

ATLANTA-Weak sales of home products and higher costs both played a part in reducing Newell Rubbermaid’s first-quarter profit and sales. Net income in the quarter, which ended on March 31, fell 2.4 percent to $52.9 million. Net sales were down 0.7 percent to $1.2 billion. Sales in Newell’s Home Solutions segment were down 5.2 percent,More »

Newell Rubbermaid Net Slips in Q2

Newell Rubbermaid

ATLANTA-Although Newell Rubbermaid’s second-quarter net income was down 1.8 percent, Michael Polk, president and CEO, termed it “another quarter of steady progress.” Polk cited the company’s growth in both sales and earnings per share. Net sales increased 3.5 percent to $1.5 billion, and earnings per share rose 11.1 percent. Total net income was $109.8 million,More »