up the Thank we times. recognize families everybody, you, morning, welcome We as my Newell indeed and thank your me, and Nancy. you stepped hope battle I excuse and are to who are Good These to safe. call. extraordinary want -- colleagues COVID-XX.
manufacturing heat water writing products as supporting and globally, of have of donated done home. wipes, bottles, and food products. facilities large tremendous as including have our proud baby associates and workers this in craft working of distribution a wet and in those trying who variety from during teams time need I'm containers gloves, masks, blankets, gear, a The our frontline our well are job
lead. work of communities the hospitals We're which teams we XX,XXX by fact, and of shields In used process in to in face designed in the and doctors a our donating one nurses. units
to I'm call our and taking efforts. how humbled On our the is impressed Newell as the results, adapt to our impacting actions are entire as current business supply and as on share ourselves a reopen. family and I'll chain country discuss quarter crisis share today, first Chris to for well by to our position environment the COVID-XX will provide some and update the we strategy. world financial success observations begin
We position to times. have Newell uncertain success key through developed priorities we these turbulent as for manage and X
and The first our employees. is, unequivocally, safety the a on of well-being focus
to Our asked occasion. people are being differently, to they're rising and work
travel professional All a and implemented also additional stores. that and for able who work-from-home our and need rigorous Candle we've and checks possible. across we ensure and our manufacturing retail instituted support hourly Yankee a U.S. employees. supervisors have mandatory bonus certain increase, geographies. noncritical pay administrative program And temporary clinical temporarily for policy weekly have we pay all in implemented To a workers, We business the is emergency protocols closed frontline prohibited. our are our of that protocols implementation Newell and more shields, masks products checks DCs, distancing to Through social and customers cleaning including plants striving the are provision and hygiene face and where safe deliver practices, safely them. of these temperature associates consumers to all we're to our We've
factor, declines. have been in April a plant Candle Supply the Massachusetts, XX to facilities, and deemed been Across keep our the factories Writing manufacturing globe, New guidelines. distribution local Mexicali during have our our centers government essential Our Sistema and open. remain notably we've Yankee and many had contributing is of facilities in where diligently to the second operating sales to to priority comply working But in crisis temporarily in significant Zealand operations suspend possible. with disruptions
as lifted. shelter-in-place DCs are We plants working to orders diligently our get and reopen all
third is ensuring strong continuity maximizing on the vitality a cash focus company's financial priority liquidity. flow laser and and Our business sustaining with
in as shelter-in-place changes patterns. customers you. first But ahead key plan plan some around on good the growth practice in even sweeping February, been increased the rapidly The provide growth. XXXX. has off change consumer financial see me we the for Let quarter modest pressures sales our has we in We retail retail all purchasing impact context both of began to the strong began Through metrics biggest on beginning against progress were with store momentum, and and recorded March, our turnaround significant landscape. in coming
actually for customers the are to seeing in online a and most mass the retail and sales side, locations dramatically. largest e-commerce in their accelerated the part, has On surge channels as our positive open remain shift
sales Our of from are these customers many trends. benefiting own through these
penetration global of up the in Our e-commerce XXXX. to XX% in went first from XX% quarter XXXX QX
second to Our up XX%. was year. in continued XX% bps, online the POS sales was versus up penetration up an XX% approximately online quarter. prior XX%, reached penetration that estimate sales up QX through April have We April, XX%, -- April into prior year approximately versus and Year-to-date XXX online that bps up .These estimated trends up are XXX were
have shift is The accelerating strength in the built allowing e-commerce us channel to online we COVID. post leverage to
department purchase retail and decline their consumer support secondary educations. translated offsetting to the especially in than However, significantly growth shifting more use same At mass closed customers, towards doors, orders, negative tertiary patterns specialty that has consumer have were brick-and-mortar categories and time, stay-at-home in and disrupted, the on stores, the side, which e-commerce. sharp a most retailers
and Rubbermaid our Some of benefited, preserving, appliances brands, fresh brands food of our have recently, including storage. food vacuum sealing more some small
the with saw improved maintenance as demand the and as Baby not are the sales disruptions, informed and Recreation, people categories, range, which Security for commercial contributed in to retail sales sanitizer second strong top digits. and decline seats shifts Products because washroom customers and month some challenging But cases, hand In cleaning down cordless declines Writing, in call are frequently a quarter resulting supply not Outdoor car of chain much. Home as Commercial closures purchase sales products of are has as the pattern quarter. To the trajectory line in XX% well first out an for illustrate equipment. this & in in estimated the double Rubbermaid driving point, consumer that shopping an April, the also
Having said last been on overall, new POS in reducing weeks. week that, sequentially a the positive declines note, every have X
to in stimulus In teens. fact, of our may grew week's This federal low week, POS related checks. issuance be also this trend the the
countries line begin and to uncertainty case? we current facilities balances. that do consumers Why to the our more be the lift much is second year normal of the While there, trends around versus return there's world much that to restrictions be the out our manufacturing top reopen, will improved expectation believe half purchase as
meaningful of decline portion First, disruption. is the to supply due chain the a sales
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is of Candle However, growing the indicating products this retailers cases, offerings for for dramatically, doubling, nesting. consumer is our and at POS open, remain that who in demand Yankee some product more increasing in than
to many consumers bring lot side retailers also own are significantly. burning Our a growing is social that candles and most platforms listing longer across car. about our Retail.com indicate a sensor for
second reopen we will challenged trends our Home So and Fragrance improve return to we're sales production, optimistic begins that versus country to as a quarter. sequentially the
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will back be come full constrain to able to facility, are gradually we lifted. As supply the in chain that supply constraint capacity --
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in has economic spending in driven appliance seen another Cookware from past value & downturns, particularly kitchen growth shift out-of-home In food are small to our business. We data seeing point which in-home, offerings. we've Appliances consumer on categories, encouraging
improvement Mr. is with POS Since we et playing which weeks airwaves, out heating trend, mats, in seen U.S. straight & may mid-March, This sign. again. in makers, encouraging an of trends early we hope sequential bread Cookware an our have Coffee, be growth cetera, X Appliances dynamic
play the many in past return in lifting we're week early lastly, or beginning businesses course, reopening, by it these signs of we're seeing which And a but and for more out, stay-at-home restrictions We'll times. normal internationally, somewhat how of to so, U.S. see plan and is happening. encouraged to the
pace planning there of of we're remains light cost-control and top line trends uncertainty implementing of prudently. for the the economic strength strict about uncertainty, protect and optimistic aware we're improvement Therefore, we're nevertheless recovery. back We're lot profitability. that a that in While sequential an half, measures to in
of furloughed, are spend Approximately been our We're from X,XXX freeze have control tightening over supply employees We've operations a retail areas also noncritical and benefiting disrupted. and home. indirect in costs primarily instituted for been as chain roles. of that from have hiring bot and in employees reduced work
productivity force the fuel On to moving on ahead front, project savings. full we're drive chain supply
on. the plan, to Importantly, solid we're part conserve applying last serving discipline even processes a year rigorous in as put build cash with turnaround of more to our place as foundation
we in strong through We liquidity navigate sufficient we financial continue and to period. this our have confident We to be a And strong position. believe cash generator. are brand's flexibility volatile
to of act we times In crisis, swiftly. have
financial that and agile emerge to company. challenges to the crisis company's as protect stronger identified a despite and this X vitality and position the To be end, have in XXXX company bolster nimble. to levers the have from to We we
are retailers first that and working the The we that categories in maximize lever to are diligently revenue growing. is
been for the several has business fastest-growing months. category company Food over past our example, For the the
and major a second of wins momentum distribution sales the Specifically, we have in where up expanded POS half significant approximately estimated mid-teens, as retailers should at several XX%. are year-to-date pacings. up continue is This result
video several have significant social second TV, new half, We and in in direct by the Food programming media. online also products supported launching
have strong business commercial poised is also to half. Our a second
fulfill strong plant that Malaysia reopen. believe QX about products, We produce able book, order QX supply as to we be to ease. just our have in is a our constraints learned which orders and and Ipoh, these We we'll in
and is adjusting and our promotion lever optimizing advertising spending. second Our
quarters and and spending later to ad growing, will cut are and transfer spend we'll spending online We categories digital social shift in vehicles. not that to and
scrutinizing overhead a strictly already And closer programs. to lever our controlling mentioned expenses. CAGNY The ways at getting of canceled evaluate hiring faster. internship we'll we third freeze, spend and We've implemented benchmarks is our overhead
FUEL sales Project are initiatives fast-tracking pressured, in an XXXX. productivity improving becomes are In we paramount. environment Fourth, where
e-commerce robust existing lot lastly, expanding at share, even a more ways to where with currently centers believe retailer procurement distribution focused run better .coms. for our plans laser of leverage our And executing gaining We across rate We we already increasing make believe assessing are efficient. portfolio. and are Amazon, key on penetration to .coms capabilities where penetration and growth against grow a opportunity plants, market manufacturing our we we have various into specialty have we retailer to strong we're
where to Vice ideal Sales Newell. Mike, as Let is a been critical our candidate. me important of Georgia a And Strategy. Senior we as appointment Pacific, us and is an Charles fill joined has President, Mike agenda. Customer Hayes us arrived he that I role now since long-term I've executive joins share This have Newell's new Chief think at I looking with from Mike to found news Officer. served
ran Sales Fair comprising Northern, Officer as Chief $X business, Soft, Quilted and of Vanity Angel billion business, Brawny, he Sparkle. As such consumer consumer the brands a POS
stores, drug rapidly distribution skill the our and force; track more first, highly growth to relationships; are: the in enterprise third, omnichannel take customers use categories. channels; to next of market strong Mike dollar with and and an These and data in create to competitive priorities top-to-top team a gaps analytics. of sales cement the our unified with second, strong level close set sales driving fourth, and a record enterprise approach go-to-market important has share to create to to leadership near-term grocery club, top increase
ahead. we of year. half second improve conclusion, sequentially I the challenging that believe in a signaled have we In quarter will the
Our and performed brands are by the have well last leading recession. during positions, trusted consumers
is success for the committed rebuilding leading Our crisis newly formed Newell positioning long-term and effectively executive through the its while extremely team capable and to shareholder and company aftermath value. COVID is
on the that, pass Chris. now call With I'll to