Newell Brands Outdoor Sees Gains Despite Weakness at Coleman
The parent of Jarden said Outdoor Solutions had sales of $730.6 million and operating income of $53.4 million for the quarter ended Dec. 31, which represented a 3% revenue increase on a pro forma basis, excluding the results of the winter sports business which is being sold. Excluding integration costs, operating income would have been $73.2 million. Newell said it was pleased with high-single-digit growth in fishing, double-digit growth in technical apparel and a high-single-digit increase in team sports, driven by the World Series. [We don’t know how the Cubs win would affect Rawlings but whatever. Maybe they meant that ... Log in to view full article.