Jarden Fourth-Quarter Revenue to Exceed Expectations
January 11, 2010,
RYE, N.Y.-Fourth-quarter revenue for Jarden should total about $1.35 billion--ahead of the company's expectations, according to a preliminary statement from the manufacturer.
Previously, the company had forecast fourth-quarter revenue to reach $1.3 billion. Jarden also said it expects revenue for the full 2009 fiscal year to be $5.1 billion--which, assuming the company achieves this total, would represent a decline of about 5.6 percent from 2008 revenue. Jarden said it would announce its fourth-quarter and fiscal 2009 results on Feb. 18.