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Jarden Provides Big Lift for Newell in Q1

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By: Christine Esposito

Editor-in-Chief

Newell Brands’ first quarter 2017 net sales rose 148.4% to $3.3 billion with core sales growth of 2.5%. The Hoboken-based company, which owns Jarden/Yankee Candle, completed the acquisition of WoodWick fragranced candle business. “Our first quarter results provide strong evidence of our team’s capacity to perform while we transform,” said Newell Brands CEO Michael Polk. “We delivered competitive core sales growth of 2.5 percent despite significant organization and portfolio change. Our core s...

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