UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 11, 2016
Jarden Corporation
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware |
|
001-13665 |
|
35-1828377 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
|
|
|
1800 North Military Trail, Boca Raton, Florida |
|
33431 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrants telephone number, including area code (561) 447-2520
(Former name or former address, if changed since last report.)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 |
Results of Operations and Financial Condition. |
On February 11, 2016, Jarden
Corporation (the Company) issued a press release announcing the Companys preliminary financial results for the year ended December 31, 2015, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
The information in this Item 2.02 of this Form 8-K shall not be deemed to be filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such
filing.
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits.
|
|
|
Number |
|
Exhibit |
|
|
99.1 |
|
Press Release of Jarden Corporation, dated February 11, 2016, with respect to the Companys preliminary financial results for the year ended December 31, 2015 (furnished only). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: February 11, 2016
|
|
|
JARDEN CORPORATION |
|
|
By: |
|
/s/ John E. Capps |
Name: |
|
John E. Capps |
Title: |
|
Executive Vice President - Administration, General Counsel and Secretary |
Exhibit Index
|
|
|
Number |
|
Exhibit |
|
|
99.1 |
|
Press Release of Jarden Corporation, dated February 11, 2016, with respect to the Companys preliminary financial results for the year ended December 31, 2015 (furnished only). |
Exhibit 99.1
|
|
|
|
|
Jarden Corporation
Rachel Wilson 203-845-5300
Investor Relations: Allison Malkin
ICR, Inc. 203-682-8225
Press: Liz Cohen
Weber Shandwick 212-445-8044 |
|
|
FOR IMMEDIATE RELEASE
JARDEN CORPORATION ISSUES ESTIMATED PRELIMINARY 2015 RESULTS
- Company expects 2015 net sales of approximately $8.6 billion
- 2015 Organic revenue growth expected to be at the higher end of the Companys
targeted range of 3-5%
-
2015 Adjusted earnings per share anticipated to exceed Wall Street consensus estimates
Miami, FL February 11, 2016 Jarden
Corporation (Jarden or the Company) (NYSE: JAH), and Newell Rubbermaid (NYSE: NWL) on December 14, 2015 announced that they entered into a definitive agreement to combine the two companies. The transaction creates a $16
billion consumer goods company to be named Newell Brands and is expected to close in the second quarter of 2016.
Jarden expects to file a Form 10-K
toward the end of February, 2016. In that filing Jarden will report final net sales and earnings for 2015. Consistent with its guidance, the Company expects that net sales for 2015 will be approximately $8.6 billion. The Company expects organic
revenue growth to be at the higher end of its targeted range of 3-5% and adjusted earnings per share to exceed current Wall Street consensus estimates. The Company anticipates generating cash flow from operations towards the higher end of its
previously provided 2015 guidance.
About Jarden Corporation
Jarden Corporation is a diversified, global consumer products company with a portfolio of over 120 trusted, authentic brands. Jardens 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
- 1 -
Exhibit 99.1
Alert®, First Essentials®, Hoyle®, Kerr®, Lehigh®,
Lifoam®, Lillo®, Loew-Cornell®, Mapa®, Millefiori®, NUK®, Pine
Mountain®, Quickie®, Spontex®, Tigex®, Waddington, Yankee Candle® and YOU®; Outdoor Solutions: Abu Garcia®, AeroBed®, Berkley®,
Campingaz® and Coleman®, Dalbello®, ExOfficio®, Fenwick®, Greys®,
Gulp!®, Hardy®, Invicta®,
Jostens®, K2®, Marker®,
Marmot®, Mitchell®, Neff®,
PENN®, Rawlings®, Shakespeare®, Squadra®, Stearns®, Stren®,
Trilene®, Völkl® 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 approximately 35,000 employees worldwide. For further information about Jarden, please visit
www.jarden.com.
Safe Harbor
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 Companys proposed combination with Newell Rubbermaid, expected, anticipated or estimated net sales, adjusted earnings
per share, organic revenue growth and cash flow from operations. These statements are based on managements 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 Companys periodic and other
reports filed with the Securities and Exchange Commission.
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 and audit procedures, final adjustments and other developments that may
arise between now and the time that our audited consolidated financial results as of and for the fiscal year ended December 31, 2015, are finalized.
- 2 -
Jarden (NYSE:JAH)
Historical Stock Chart
From Dec 2024 to Jan 2025
Jarden (NYSE:JAH)
Historical Stock Chart
From Jan 2024 to Jan 2025