Newell Outdoor Swings to Q3 Loss
NWL’s Outdoor and Recreation segment revenues tumbled 20% (-21% constant currency) in the third quarter to $231 million from $289 million, generating an operating loss of $42 million against a profit of $6 million last year. The segment, which includes Coleman, Marmot, Campingaz, and other brands, was impacted by weak consumer demand due to inflation and ... Log in to view full article.
