Housewares

Keurig Green Mountain Net Up 33.4 Percent in Q3

Keurig Green Mountain

WATERBURY, Vt.-With sales of the company’s single-cup brewing products continuing to drive growth, Keurig Green Mountain posted net income of $155.2 million, an increase of 33.4 percent, in its fiscal third quarter ending on June 28. Net sales gained 5.7 percent to finish the quarter at $1 billion. Much of the top-line increase came fromMore »

Last updated: August 7, 2014

Casabella Signs Agreement with ESSCO

Casabella

CONGERS, N.Y.-Casabella Holdings has signed an exclusive distributorship agreement with ESSCO (Electric Sweeper Service Co.) whereby ESSCO will distribute Casabella products to independent dealers of vacuum cleaners and vacuum dealer parts. “This is an important segment of our business,” said Bruce Kaminstein, Casabella’s CEO. “We chose ESSCO because of their national distribution and commitment toMore »

Last updated: August 7, 2014

Braun Tabs Seahawks’ Wilson as Spokesman

Russell Wilson

CINCINNATI-Russell Wilson, quarterback for the Super Bowl champion Seattle Seahawks, has become the U.S. spokesman for Procter & Gamble’s Braun brand for its new branding campaign. The campaign, titled #FaceGreatness with Braun Confidence, will include print and television advertisements, digital video, social marketing and new brand packaging. It was developed, according to a Braun statement,More »

Last updated: August 7, 2014

NPD: Sales of Women’s Grooming Products Up

NPD Group

PORT WASHINGTON, N.Y.-More women’s grooming appliances, such as electric shavers and other hair-removal products, have been sold over the 12 months between July 2013 and June of this year than in the previous two years, according to new research from The NPD Group. In particular, women’s electric shavers posted a unit sales increase of 22More »

Last updated: August 6, 2014

Lifetime Brands Q2 Net Loss Hits $3.2 Million

Lifetime Brands

GARDEN CITY, N.Y.-Lower gross margin and increased expenses led Lifetime Brands to a second-quarter net loss of $3.2 million, compared to a net loss of $568,000 in the second quarter of last year. Gross margin in the quarter, which ended on June 30, was down 207 basis points to 35.42 percent—the result, according to LifetimeMore »

Last updated: August 5, 2014

Newell Rubbermaid Q2 Net Climbs 37.2 Percent

Newell Rubbermaid

ATLANTA-In what Michael Polk, president and CEO, described as “very strong second-quarter results across all key metrics,” Newell Rubbermaid posted second-quarter net income of $150.6 million, up 37.2 percent from the second quarter of last year. Net sales in the quarter, which ended on June 30, gained 3.1 percent to finish at $1.5 billion. TheMore »

Last updated: July 31, 2014

Hamilton Beach Q2 Net Drops 31.5 Percent

Hamilton Beach

CLEVELAND-Even though sales moved up during the quarter, the Hamilton Beach brand posted a 31.5 percent decline in second-quarter net income, which totaled $1.4 million. Net sales for the small electrics label, a subsidiary of NACCO Industries, were $118.4 million, up 3.3 percent, for the quarter ending on June 30. The gain resulted primarily fromMore »

Last updated: July 31, 2014

EveryWare Gets Investment from Monomoy, Amends Credit Agreements

EveryWare Global

LANCASTER, Ohio-Monomoy Capital Partners, an investment firm, has agreed to invest $20 million in EveryWare Global, which has also amended its term loan agreement and asset-based lending (ABL) facility. The investment is in return for EveryWare’s series A senior redeemable preferred stock, with a liquidation preference of $21.2 million and warrants to purchase 4,438,005 sharesMore »

Last updated: July 31, 2014