Newell Rubbermaid swings to loss on 12% lower sales
Newell Rubbermaid Inc., (s:nwl) the Atlanta provider of consumer and commercial products under brands including Rubbermaid, Sharpie, Graco, Calphalon and many more, swung to a fourth-quarter loss from a year-earlier profit on 12% lower sales.
Office Depot Inc. swung to a second-quarter loss as sales dropped across the country and margins continued to shrink.