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Article Date: August 2018
Word Count: 266

Softness at Coleman Hurts Newell Q2, Took Hit on Rawlings Sale


Operating income at the Home and Outdoor Living unit, which includes Coleman, declined to $9.4 million from $39.6 million on a 7% decline in sales to $742 million from $795 million for the second quarter ended Jun. 30, with a number of factor triggering the decline including weak sales at Coleman from the late Spring weather and the loss of its air mattress business at a key customer. Parent Newell continues to have confidence in Coleman over the long haul but said the brand is going through a short-term rough patch that it is starting to come out of with ... Log in to view full article.

 


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