Newell Outdoor Sales Boosted by Drinkware
NWL’s outdoor & recreation segment sales increased 15% to $388 million in the first quarter from $336 million last year, generating operating income up three-fold to $45 million. Excluding exits from low margin categories and unfavorable foreign exchange, core sales grew 23%. The segment includes Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot and Stearns. The top line was helped by some pull-forward from Q2, ... Log in to view full article.