Through TheFLY's Eyes: Newell Rubbermaid

from Theflyonthewall.com





An Undervalued Consumer Staples Stock With Earnings Momentum

Newell Rubbermaid (NWL) has had a tough ten years.

However, this stock has gone through a multi-year restructuring process and the operating performance appears to be on an upswing.

Five years of ugly restructuring under former CEO Joe Galli, has substantially improved the company's productivity. New CEO Mark Ketchum, formerly a top exec at Procter & Gamble (PG), has taken the company reigns and can now focus on marketing. Newell's first quarter results were the best in years.

If the company can get top-line growth to match up with its lower cost structure, it could register the highest earnings growth rate in the consumer staples sector.