Newell Expects Outdoor Business to Slow in H2
NWL’s outdoor and recreation segment, which includes Coleman, Marmot and Bubba along with several other brands, saw revenues slip 6% in the second quarter to $427 million from $453 million. Operating income for the segment declined by 4% to $46 million from $48 million. Core sales grew 2.5%, offset by the impact of exits ... Log in to view full article.