Newell Outdoor Sales Drop Double Digits
Newell’s Outdoor & Recreation segment, which includes Coleman, Contigo, Campingaz, Marmot and other brands, saw revenues decline 31% to $211 million in the final quarter, compared to $304 million last year. The outdoor segment’s poor results were driven by currency headwinds and market and category exits. Segment operating loss expanded to $14 million from a loss of $1 million ... Log in to view full article.
