Newell Rubbermaid (NWL) Tops Q2 EPS by 2c; Boosts FY15 Outlook
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Newell Rubbermaid Raises Full Year Guidance on Strong Second Quarter Results
July 31, 2015 6:30 AM EDT5.1% Core Sales Growth and Normalized EPS of $0.64
3.9% Net Sales Growth and Reported EPS of $0.55
Raises Full Year 2015 Core Sales and Normalized EPS Guidance
Second Quarter Executive Summary
5.1 percent core sales growth, excluding a 480 basis point net contribution from acquisitions and planned divestitures and a 600 basis point negative impact from foreign currency; 3.9 percent net sales growth 40.0 percent normalized gross margin, a 10 basis point improvement compared to the prior year; 39.8 percent reported gross margin, a 20 basis point improvement compared to the prior year... More