Newell Rubbermaid, Inc. (NWL) Tops Q2 EPS by 4c
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Newell Rubbermaid Announces Strong Second Quarter Results
July 31, 2014 6:29 AM EDT4.6% Core Sales Growth and Normalized EPS of $0.59 3.1% Net Sales Growth and Reported EPS of $0.54 Reaffirms Full Year Guidance
Second Quarter Executive Summary
3.1 percent net sales growth; 4.6 percent core sales growth, excluding foreign currency 40.0 percent reported gross margin; 40.3 percent normalized gross margin 14.0 percent reported operating margin; 15.8 percent normalized operating margin $0.54 reported EPS, up 45.9 percent versus prior year; $0.59 normalized EPS, up 18.0 percent versus prior year Significantly increased advertising investment to build brands and support... More