Newell Outdoor’s Sales Slide Again
The travails continue at NWL’s Outdoor and Recreation segment, which includes Coleman, Campingaz, Contigo, and Marmot, with sales down 21% in the third quarter to $183 million from $231 million. Core sales declined 17%, excluding currency impact and discontinued businesses. Operating loss narrowed to $23 million from a loss of $42 million a year ago that included a $22 million impairment charge. Normalized loss ... Log in to view full article.
