(Boursier.com) — Newell Brands, the American consumer products company, has just published quarterly profits and revenues above expectations, but its gross margin has declined. The group with the brands Rubbermaid, Sharpie, Elmer’s and Mr. Coffee, has also unveiled a mixed guidance for the quarter started and the year. Net income was $96 million and 22 cents per share for the quarter ended, compared with $127 million a year earlier. Adjusted earnings per share reached 42 cents. Consolidated sales rose 4.3% to $2.8 billion. Management expects 2022 to be another year of progress, despite the difficult environment. Organic growth is expected between 0 and 2%, while adjusted EPS is expected between $1.85 and $1.93.
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