Newell Brands Increases 4th-Quarter Sales
Newell Brands, parent company of Rubbermaid Commercial Products (RCP), has reported fourth-quarter net sales of US$2.8 billion, up 4.3% from the same quarter last year. Newell’s normalized net income rose to $180 million, or $0.42 per share, down from $238 million, or $0.56 per share, a year earlier. The company’s commercial solutions division posted net sales of $503 million, …