Net sales for the fiscal year ended Jan. 31 grew 9% to nearly $1.3 billion, compared to $1.17 billion a year ago. Operating profit for the 12-month period was $155.5 million, versus $120.5 million a year earlier, a 29% increase. Net earnings for fiscal 2003 were up 25% to $85.0 million, compared to $68.0 million the prior year.
Fourth quarter net sales in Blyth’s candles and home fragrance products businesses were $347.1 million, compared to $342.1 million in the prior year period. For the full year, net sales in the category were $1.08 billion, compared to $1.04 billion in the prior year.