Newell Brands (NWL) Lowers FY EPS Outlook
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Newell Brands Revises 2017 Earnings Guidance
September 6, 2017 6:30 AM EDTExpects Hurricane-Related Inflation to Impact U.S. Manufactured Resin-Based Businesses
Sustains Increased Investment Behind eCommerce and Brand Market Share Momentum
HOBOKEN, N.J.--(BUSINESS WIRE)-- Newell Brands (NYSE: NWL) announced today that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter. Since Hurricane Harveys landfall on August 25, 2017, nearly all of Newell Brands resin suppliers with facilities in Texas and Louisiana... More
