Coleman Sales Decline in Q1
Revenues at Newell’s Home and Outdoor Living segment, which includes Coleman, dipped 6% in the first quarter to $626.6 million from $669.7 million including a 3% core sales decline attributed to the outdoor brand’s lost sales to a key U.S. retailer. The segment had an operating loss of $1.5 million against a profit of $7.8 million last year. Excluding restructuring and transaction-related costs, normalized operating income ... Log in to view full article.