Newell Rubbermaid and Clorox Under Review: Improving Economy and Hiring to Aid Industry Growth

Mon Feb 25, 2013 8:03am EST

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Newell Rubbermaid and Clorox Under Review: Improving Economy and Hiring to Aid Industry

LONDON, February 25, 2013 /PRNewswire/ --

    With the economy of the U.S. showing significant signs of improvement, increased
private sector hiring, gains in housing and automobile markets and expansion of domestic
energy production and manufacturing are among the macro-trends likely to instill more
confidence in the economy, leading to increased demand of domestic consumption. This
will benefit the housewares and accessories industry giants such as Newell Rubbermaid
Inc. (NYSE : NWL) and The Clorox Company (NYSE : CLX). StockCall has released free
charting and technical research on these two aforementioned companies. Register to read
these reports at  

    Newell Rubbermaid Inc. announces solid fourth quarter results  

    Newell Rubbermaid Inc. is a global marketer of consumer and commercial products with
a strong portfolio of leading brands, including Rubbermaid(R), Sharpie(R), Graco(R),
Calphalon(R), and several other leading brands. For the fourth quarter, the company's
Net Income was $101.9 million or $0.35 per diluted share on sales of $1.52 billion. For
full year 2012, Net Income was $401.3 million or $1.37 per diluted share on sales of
$5.90 billion. Sign up for the free report on Newell Rubbermaid Inc. at  

    President and Chief Executive Officer Michael Polk said, "Our solid fourth quarter
financial results represent the sixth consecutive quarter of consistent delivery in line
with or better than expectations. Full year normalized EPS and operating cash flow both
came in above the high end of our guidance range. We also returned significant levels of
cash to shareholders through our dividend, which nearly doubled in 2012 to the current
annualized rate of $0.60, and our ongoing share repurchase program."  

    Sounding optimistic, Polk added, "Looking ahead, we continue to be sharply focused
on driving structural costs out and accelerating growth through the execution of our
Growth Game Plan. The strategic changes we are making to invest behind our Win Bigger
businesses will drive accelerated performance and enable us to build a bigger,
faster-growing, more global and more profitable Newell Rubbermaid."  

    For 2013, the company provided guidance for earning per share (EPS) growth of 5% to
8% in the range of $1.78 to $1.84 on Net Sales growth of 1% to 3%.  

    The Clorox Company reports strong second quarter results  

    The Clorox Company is a leading manufacturer and marketer of consumer and
professional products with a portfolio of some of the most trusted brands such as
HealthLink(R), Aplicare(R), Green Works(R), Burt's Bees(R) and many other leading
brands. For second quarter, the company reported earnings of $123 million or $0.93 per
diluted share on Net Sales of $1.32 billion, thereby representing 18% earnings growth
and 9% sales growth over second quarter of 2011. Volumes registered a 5% growth rate.
The company announced a quarterly dividend of $0.64 per common share. The Clorox Company
free technical report can be accessed by signing up at  

    Chairman and CEO Don Knauss said, "We had strong year-over-year sales growth, as
well as another quarter of gross margin expansion, which is a testament to our focus on
delivering profitable growth. Based on our 5 percent sales growth and 10 percent EPS
growth in the first half of the fiscal year, we feel more optimistic about our full-year

    For fiscal 2013, the company provided guidance for EPS in the range of $4.25 to
$4.35 on 3-5% sales growth.  

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CONTACT:  William T. Knight, Email:, Contact Number:
+1(646)-396-9857 (9:00 am EST - 01:30 pm EST)
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