$28.03
-1.07 (-3.68%)
Jarden Corp (JAH)
CAPS Rating:
Provider of market branded consumer products used in and around the home marketed under brand names.
Provider of market branded consumer products used in and around the home marketed under brand names.
Recs
I work for the coleman segment.
Bad weather hurt camping this year.
They started upgrading to SAP inventory/data management software whcih caused some bumpes. The employees were working a ton of overtime before management had to do a temporary layoff (still paid benefits) when they realized they had too much inventory. According to management, we averaged around 70% on-time deliveries. They expect the SAP system to help us reach the mid 90% and help us better manage overtime pay. 96% was reached in november.
High insider ownership, diversified portfolio of well managed companies, near it's 52 wk low.
I get a 15% discount for working there. My only complaint is the higher than normal debt.