Newell Brands Reaffirms FY16 Outlook - Quick Facts

(RTTNews) - Newell Brands Inc. (NWL) announced the company will reaffirm its fiscal 2016 outlook, as provided in its first-quarter earnings press release, during its presentation at the Deutsche Bank Global Consumer Conference in Paris, France. For the year ending December 31, 2016, Newell Brands expects: core sales growth in a range of 3.0% to 4.0%; and normalized earnings per share in a range of $2.75 to $2.90.

The company's core sales growth guidance assumes legacy Newell Rubbermaid core sales growth of 4 to 5 percent and legacy Jarden core sales growth of 2 to 4 percent, which includes the negative impact of planned product line exits.