Jarden boosts revenue outlook
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- January
- 7
Jarden Corp., the consumer products company based in Rye, predicted today that its fourth-quarter revenues will be slightly higher than the $1.3 billion estimate provided earlier.
Revenue for all of 2008 is expected to be about $5.35 billion, the company said this morning.
The company also said it finished the year with more than $360 million in cash on its balance sheet. That means the company believes its leverage ratio for bank purposes as of Dec. 31, 2008, will be about 3.7 times.
The company expects to report its fourth-quarter earnings on Feb. 12.
Jarden’s products and brands include Crock-Pot, FoodSaver, Mr. Coffee and Bicycle playing cards.
This entry was posted
on Wednesday, January 7th, 2009 at 5:13 pm by Allan Drury.
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Category: Earnings forecast
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