Tag Archives: Jarden

Jarden Q2 Net Falls 31.8 Percent in Spite of Record Sales

Jarden

MIAMI-Increased expenses and a loss on the early extinguishment of debt offset a record sales performance to send Jarden’s second-quarter net income into a 31.8 percent plunge, to $52.1 million. Selling, general and administrative expenses were up 23 percent in dollars and 181 basis points as a percentage of sales from the second quarter ofMore »

LeFevre Assumes CFO Role at Jarden

Jarden

MIAMI-Al LeFevre, previously chief financial officer of Jarden Consumer Solutions, has become executive vice president and chief financial officer of Jarden Corp., parent of the company’s housewares unit. LeFevre’s appointment, initially announced in March along with other executive moves, went into effect yesterday. Ian Ashken, who had been the previous chief financial officer and whoMore »

Jarden Adds Barclays’ L’Esperance to Board

Jarden

MIAMI-Ros L’Esperance, chairman of the global investment banking division at Barclays, has been elected to the Jarden Corp. board of directors. L’Esperance’s election brings the number of board members to 10, which includes seven independent directors. She has been with Barclays since 2008, responsible for corporate finance and mergers and acquisitions until taking on herMore »

Jarden Net Falls in Q4, Fiscal Year

Jarden Corpration

RYE, N.Y.-Despite a record-breaking sales total, Jarden posted a 24 percent drop in fourth-quarter net income, to $37 million. This brought the bottom-total for the housewares giant to $203.9 million, down 16.4 percent, for its fiscal year ending on Dec. 31. Net sales in the quarter reached a record $2.2 billion, up 21.8 percent. ForMore »

Jarden Takes On Trends in 2014

Margaritaville Cargo Bali Frozen Concoction Maker

RYE, N.Y.–Jarden Consumer Solutions has aligned its newest product assortment to reflect what it believes will be some of the top trends in 2014: affordable health care and multifunctional products. Affordable healthcare is a hot topic in American homes and this trend is expected to continue for some time, according to Jarden. “As consumers comeMore »

Jarden Q3 Net Rises 23.4 Percent as Housewares Fuels Sales

Jarden Corpration

RYE, N.Y.-With a strong sales performance from its housewares unit, Jarden posted a 23.4 percent gain in third-quarter net income, to $94.9 million. Overall net sales in the quarter, which ended on Sept. 30, were $1.8 billion, up 5.6 percent. Much of the top-line increase came from organic sales growth of 7.4 percent in theMore »

Jarden Net Falls 8.2 Percent in Q2

Jarden

RYE, N.Y.-Although sales increased, especially in the Consumer Solutions and Branded Consumables segments, Jarden’s second-quarter net income dropped 8.2 percent to $76.4 million. Net sales were up 5 percent to $1.8 billion in the quarter, which ended on June 30. Martin Franklin, Jarden’s executive chairman, said both Consumer Solutions (the segment which encompasses the company’sMore »