Sales at Newell’s Home & Outdoor Living segment, which includes Coleman, declined 7% in the final quarter to $809 million from $872 million including a core sales decline of 3% attributed to Coleman’s lost distribution at a key U.S. retailer. NWL opted not to lower prices on Coleman coolers and airbeds because of margin consequences, and expects that some of that lost business will come back later in 2019. The balance of the shortfall was from a new revenue recognition standard and unfavorable foreign exchange. Operating income was more that halved to $45.5 million compared with $108 million, including the ... Log in to view full article.