More on Newell Rubbermaid's Q4

|About: Newell Brands Inc. (NWL)|By:, SA News Editor

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.