Newell Outdoor Sales Plunge Again
NWL’s Outdoor and Recreation segment continued to struggle in the second quarter, with revenues falling 23% to $258 million from $333 million. Core sales fell 18%, with the rest of the damage from unfavorable ForEx and store closures since Q2 ’23. Net operating loss was $11 million, against a $5 million operating profit last year. Results ... Log in to view full article.
