Newell Brands' Home & Commercial Solutions Drives Core Sales Acceleration
Dow Jones10-30
Newell Brands' Home & Commercial Solutions segment delivers 6% core sales growth in the third quarter, outpacing the company's overall 3.3% core sales increase. Kitchen, Home Fragrance, and Commercial businesses all posted gains within the segment. The segment generated $1.01 billion in net sales, compared with $942 million a year earlier. Normalized operating income for Home & Commercial Solutions rose to $86 million from $64 million in the prior year period, reflecting a normalized operating margin of 8.5%, up from 6.8%
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