Jarden sees Q4 net sales $1.81B-$1.83B, consensus $1.8B The company expects that organic net sales growth for Q4 will be in line with the company’s previously stated long-term average target range of 3%-5%. Additionally, the company expects to report that it ended FY12 with more than $1B of cash on the balance sheet. Guidance will be presented at the 15th ICR XChange Conference.
Jarden backs FY14 EPS guidance of 'in-line with street estimates' The company sees foreign exchange rate, excluding Venezuela, impacting FY14 revenue by $60M-$90M. The company expects to generate $650M in cash flow from operations in FY14. Management stated that the company is mindful of movements in the Euro. Currency was a mild headwind in FY14 and could have a significant impact on FY15. Comments provided during Q3 earnings conference call.