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 Q1 Sales More Than Double
May 5, 2005
 Printable format
 Email this Article
 Search

Small appliance maker Jarden Corporation, known for its Mr. Coffee(R), Oster(R), Sunbeam(R), and VillaWare(R) brands, reported net sales for the 3-month period ended March 31, 2005 increased 229 percent to U.S. $521.3 million compared to $158.3 million for the same quarter last year.

On an as adjusted, non-GAAP basis, first quarter net income increased 110 percent to $15.8 million, compared to net income of $7.5 million for the same quarter last year. On a GAAP basis, the first quarter 2005 net income was breakeven.

"We are extremely pleased by the overall performance of our business units during the first quarter, particularly as we worked to integrate the American Household acquisition," Martin E. Franklin, chairman and CEO, said. "A healthy performance in our Outdoor Solutions segment, whose seasonality favors the first and second quarters, helped Jarden exceed its operating targets as a whole for the first quarter."

The company says it plans to focus on developing new products, plan initiatives, and further identify acquisition opportunities in 2006.

Back to Daily News

 

Daily News

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

Sep 25, 2014: Cub Cadet's new lawn tractor has Bluetooth and its own app

Sep 24, 2014: GE has the highest ranked appliance brand website; h.h. gregg ranked top appliance retailer website

Sep 24, 2014: Haier becomes first refrigerator maker to offer a lifetime compressor warranty

Sep 24, 2014: New condensing dishwasher from Whirlpool's plant in Wroclaw, Poland

Sep 24, 2014: Index points to growth in consumer spending on tech products in remaining months of 2014

More Daily News>>

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

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

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows