February 17, 2010

Jarden Shows Profits in Q4

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Jarden Corporation (ticker symbol JAH) reported net income of $1.2 million in the 4th quarter reversing a loss of $170 million a year ago.

For the year, Jarden reported net income of $128.7 million vs. a loss of $58.9 million in 2008.

Sales in 2009 down slightly over 2008 as was gross profit.  Operating earnings were up due to reductions in overhead costs.

The full earnings report can be found here.

Jarden operates a large distribution center in Neosho, MO.

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