UPDATE 1-Newell backs full-year profit, sales outlook

* Sees EPS of $1.38 to $1.48 for the year

* Sees net sales growing in low- to mid-single-digits

ATLANTA, May 26 (BestGrowthStock) – Consumer products maker Newell
Rubbermaid Inc (NWL.N: ) reiterated its outlook for the full year
ahead of an analyst meeting in Atlanta.

Last month, the maker of Rubbermaid storage containers and
Sharpie pens raised its 2010 earnings forecast by 3 cents, to a
range of $1.38 to $1.48 per share.

It had forecast 2010 net sales growth at a low- to
mid-single-digit percentage rate, compared with prior
expectations in the low single digits. It still expects margins
to rise by 0.75 to 1.00 percentage point.

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(Reporting by Dhanya Skariachan; editing by John Wallace)

UPDATE 1-Newell backs full-year profit, sales outlook