Newell Rubbermaid (NWL) Tops Q3 EPS by 1c; Guides FY15 EPS Above Expectations

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Go back to Newell Rubbermaid (NWL) Tops Q3 EPS by 1c; Guides FY15 EPS Above Expectations

Newell Rubbermaid Reports Strong Third Quarter Results

October 30, 2015 6:30 AM EDT

5.9% Core Sales Growth and Normalized EPS of $0.62

3.1% Net Sales Growth and Reported EPS of $0.50

Increases 2015 Core Sales Guidance and Reaffirms 2015 Normalized EPS

Provides Initial Outlook for 2016

Third Quarter Executive Summary

5.9 percent core sales growth, which excludes a 340 basis point net contribution from acquisitions and planned/completed divestitures and a 620 basis point negative impact from foreign currency; 3.1 percent net sales growth 39.5 percent normalized gross margin, a 30 basis point improvement compared to the prior year; 39.1 percent reported gross margin, a... More