Newell Rubbermaid Inc.
Industry: Personal & Household Prods.
Newell Rubbermaid Inc. is a global manufacturer and marketer of name-brand consumer products serving the needs of volume purchasers, including department/specialty stores and warehouse clubs, home centers and hardware stores and office superstores and contract stationers. The Company's multi-product offering consists of name-brand consumer products in four business segments: Rubbermaid, Sharpie, Irwin and Calphalon Home. Effective January 1, 2003, the Company completed its acquisition of American Saw & Mfg. Co., a manufacturer of power tool accessories and hand tools marketed under the Lenox brand.
Business Summary
Newell Rubbermaid Inc. is a global manufacturer and full-service marketer of name-brand consumer products serving the needs of volume purchasers, including department/specialty stores and warehouse clubs, home centers and hardware stores, and office superstores and contract stationers. The Company is organized into five business segments: Cleaning and Organization; Office Products; Tools and Hardware; Home Fashions, and Other, which contributed approximately 27.5%, 25%, 18.1%, 13.4% and 16%, respectively, to the Company's total net sales for the year ended December 31, 2004. On July 1, 2004, the Company completed the sale of its Little Tikes Commercial Playground Systems Inc. (LTCPS) business. In April 2004, the Company sold Burnes Picture Frame, Anchor Glass and Mirro Cookware to Global Home Products, LLC, an affiliate of Cerberus Capital Management L.P.
Financial Summary
Newell Rubbermaid, Inc. is a manufacturer of name- brand consumer products in five segments: Rubbermaid; Parker/Eldon; Levolor/Hardware; Calphalon/WearEver and Little Tikes/Graco. For the 6 months ended 6/30/05, net sales fell 4% to $3.02B. Net income from cont. ops. totaled $188.3M, up from $90.6M. Net sales reflect a decline in core sales. Higher net income reflects the absence of impairment charges.







