Newell Outdoor Narrows Loss in Q4
Revenues slipped 7% in the final quarter to $142 million from $152 million, and fell 6% on a constant-currency basis, but NWL believes the segment is turning the corner, benefiting from simplification, tighter inventory management, and improved execution. Demand remains under pressure, but both innovation and distribution are improving. Operating loss narrowed to $20 ... Log in to view full article.