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Newell Rubbermaid wins with 3 of 5 businesses
New product launches in key categories and strong marketing helped Newell Rubbermaid gain market share during the company’s third quarter.
The leading consumer goods company said sales for the period ended September 30, grew a modest 2.1% to $1.5 billion while net income, aided by the sale of the company’s hardware business, increased to $193.3 million, or 66 cents a share, from $108.3 million, or 37 cents a share.
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Higher paint sales volumes boost Sherwin-Williams in Q3
Sherwin-Williams cited higher paint sales volumes in its Paint Stores Group and acquisitions as helping to drive net sales growth.
The company increased net income 12%, to $262.97 million from $234.95 million, during the third quarter of fiscal 2013.
Net sales grew 9.4% to $2.85 billion from $2.6 billion.