Newell Brands backs guidance ahead of conference presentation

• Newell Brands (NASDAQ:NWL) reaffirms 2016 guidance for sales growth of 3% to 4% and EPS of $2.75 to $2.90.
• Guidance includes the impact from Newell Brands' plan to exit product lines with annual sales of $250M to $300M across both legacy businesses over the next two to three years.
• Management is due to present today at the Deutsche Bank Global Consumer Conference.