Jarden Corporation more than quadrupled their top line thanks to several acquisitions over the past year, including its new Outdoor Solutions segment, which is comprised almost entirely of Coleman and its sub-brands.
Coleman contributed roughly $125 million to Jarden’s top line for the quarter and $821 million for the full-year. Jarden’s CEO, Martin Franklin said that Coleman will be following a new halo strategy with premium specialty sales feeding the brand image at mass retailers. Coleman reported an operating loss for the fourth quarter of $17.7 million, but was still profitable for the full-year with $42 million in operating income and a 5.1% operating margin.

Mr. Franklin has stated previously that Coleman’s medium-term goals are to be operating with 30% gross margins and 12% to 15% operating margins and the systems are being put in place to achieve the metric.