Seeking Alpha

More on Newell Rubbermaid's Q4

  • Newell Rubbermaid (NWL) reports it held the line on margins in Q4 as higher pricing helped offset cost inflation and a less favorable product mix. The gross margin rate of 12.2% was unchanged from last year's level.
  • Tool sales rose 5.3% to $220.7M with Latin America innovations contributing.
  • The company expects core sales growth of 3% to 4% for 2014 and EPS of $1.94-$2.00 vs $2.00 consensus.
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