Newell Brands Raises 1st-Quarter Sales 4.4%
Newell Brands, parent company of Rubbermaid Commercial Products (RCP), has reported first-quarter net sales of US$2.4 billion, up 4.4% from the same quarter last year.
Newell’s normalized net income rose to $155 million, or $0.36 per share, up from $128 million, or $0.30per share, a year earlier. The company’s commercial solutions division posted net sales of $510 million, a jump of 7.4% from $471 million in the prior year.
Rubbermaid Commercial Products
Headquartered in Huntersville, North Carolina, Rubbermaid Commercial Products is a manufacturer of products for commercial and institutional markets worldwide. For more information, visit www.rubbermaidcommercial.com.