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Article Date: August 2017
Word Count: 129

Newell Play Sales Gain on Acquisitions in Q2

Segment sales increased 14% to $782 million from $685 million overall, but pro forma core sales dropped 1% pulled down by weakness in fishing. Pure Fishing recently named Neil Eibeler to head the business which NWL said is facing a broad trend of retail inventory destocking in specialty and mass retailers as well as headwinds from the Gander Mountain bankruptcy. Normalized operating income accounting for ... Log in to view full article.


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