Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Jarden Reports 3Q Results
Oct 31, 2007
 Printable format
 Email this Article
 Search

Jarden Corp. said third-quarter profit fell 59%, hurt by costs related to an acquisition. The company, which makes products under brand names Sunbeam, Coleman, Mr. Coffee, and others, said quarterly net income fell to US$21.2 million, or $0.28 per share. Revenue rose 28% to $1.32 billion, from $1.03 billion last year.

Martin Franklin, Jarden's Chairman and CEO, cited the record $1.3 billion in sales the company posted for the quarter and said that Jarden achieved strong results in spite of pressure on sales from a difficult retail environment. "With positive cash flow during the quarter, we are on track to achieve our target of approximately $300 million of cash flow from operations in 2007," Franklin said. "We are maintaining a disciplined approach to margins in what we believe will continue to be an inflationary cost environment, coupled with a tight retail market."

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows