The Company continues to execute on its turnaround strategy of building a global, next generation consumer products company that can unleash the full potential of its brands in a fast-moving omni-channel environment. The strategy, developed in 2019, is designed to:
The Company's five primary reportable segments are the following:
Commercial cleaning and maintenance solutions; closet and
garage organization; hygiene systems and material handling
Household products, including kitchen appliances
Food and home storage products; fresh preserving products; Solutions
vacuum sealing products; gourmet cookware, bakeware and
Baby gear and infant care products; writing instruments, Development
including markers and highlighters, pens and pencils; art
products; activity-based adhesive and cutting products and
Products for outdoor and outdoor-related activities
(1)[[Image Removed: nwl-20220630_g1.gif]] and Ball® TM of Ball Corporation, used under license.
The COVID-19 pandemic, which began in late 2019, has continued to disrupt the Company's global operations, similar to those of many large, multi-national corporations in two primary areas:
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