Jarden Announces Preliminary Second Quarter 2015 Results

MIAMI, July 16, 2015 /PRNewswire/ -- Jarden Corporation ("Jarden" or the "Company") (NYSE: JAH), today announced its preliminary results for the second quarter ended June 30, 2015.

While the Company's results for the quarter will not be final until earnings are fully announced on July 29th, the Company expects net sales of approximately $2.0 billion for the second quarter of 2015, driven by continued organic growth which is expected to exceed the Company's 3-5% targeted range. The Company also expects adjusted earnings per share in line with current Wall Street analysts' consensus estimate.

The Company will discuss its second quarter 2015 results on the Company's webcast/dial-in conference call, currently scheduled for Wednesday, July 29th at 8:30 a.m. (Eastern Time). The Company will release its financial results for the second quarter 2015 before the markets open on the same day. 

The dial-in for the live conference call is 800-344-6698 (domestic) or 785-830-7979 (international) and the passcode is 7165138. The call will be simultaneously webcast at www.jarden.com. A replay of the call and webcast will be available for three weeks shortly after completion of the live call. The replay dial-in is 888-203-1112 (domestic) or 785-830-7979 (international) and the passcode is 7165138 or visit www.jarden.com to access the replay of the webcast. 

Note: This news release contains "forward-looking statements" within the meaning of the federal securities laws and is intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expected, anticipated or estimated net sales, adjusted earnings per share and organic net sales growth. These statements are based on management's estimates and assumptions with respect to future events and financial performance and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could differ materially from those projected as a result of certain factors. A discussion of factors that could cause results to vary is included in the Company's periodic and other reports filed with the Securities and Exchange Commission.

Note: These preliminary estimates are based on the most current information available to management as of the date hereof. Our actual results may differ materially from these preliminary estimates due to, among other things, the completion of our accounting close procedures, final adjustments and other developments that may arise between now and the time that such unaudited consolidated financial results as of and for the three months ended June 30, 2015 are finalized.

About Jarden Corporation

Jarden Corporation is a diversified, global consumer products company with a portfolio of over 120 trusted, authentic brands. Jarden's record of strong financial performance and organic growth is supported by a focused operating culture coupled with value enhancing acquisitions and shareholder focused capital allocation. Jarden operates in three primary business segments through a number of well recognized brands, including: Branded Consumables: Ball®, Bee®, Bernardin®, Bicycle®, Billy Boy®, Crawford®, Diamond®, Envirocooler®, Fiona®, First Alert®, First Essentials®, Hoyle®, Kerr®, Lehigh®, Lifoam®, Lillo®, Loew Cornell®, Mapa®, Millefiori®, NUK®, Pine Mountain®, Quickie®, Spontex®, Tigex®, Yankee Candle® and YOU®; Outdoor Solutions: Abu Garcia®, AeroBed®, Berkley®, Campingaz® and Coleman®, Dalbello®, ExOfficio®, Fenwick®, Greys®, Gulp!®, Hardy®, Invicta®, K2®, Marker®, Marmot®, Mitchell®, PENN®, Rawlings®, Shakespeare®, Squadra®, Stearns®, Stren®, Trilene®, Volkl® and Zoot®; and Consumer Solutions: Bionaire®, Breville®, Cadence®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rainbow®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White Mountain®. Headquartered in Florida, Jarden ranks #348 on the Fortune 500 and has over 30,000 employees worldwide. 

SOURCE Jarden Corporation

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http://www.jarden.com