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Article: Newell Rubbermaid Reports Third Quarter 2009 Results.

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Investment Weekly News
Article date:
November 14, 2009
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Newell Rubbermaid (NYSE: NWL) announced third quarter 2009 financial results, including normalized earnings per share, ahead of the company's guidance and prior year results. The company reported strong operating cash flow and gross margin improvement and increased its guidance for full year 2009 normalized EPS and operating cash flow.

"I am pleased that we delivered third quarter earnings and cash flow ahead of guidance despite expected revenue declines stemming from sustained challenges in the economy," said Mark Ketchum, president and chief executive officer of Newell Rubbermaid. "We are especially pleased with our gross margin improvement, which reflects ...

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