Breaking News

Blyth’s 4Q Profit Hit by Restructuring Charges

November 15, 2005

Candlemaker Blyth Inc. executives said quarterly profit declined, but the fall was less than expected because the company took a smaller charge for job cuts and facility closures.
The company announced a restructuring in January to reduce costs and scale back some of its product lines.
Net income in the fourth quarter ended Jan. 31 totaled $20.7 million, compared with $22.9 million a year earlier.
The company took $23 million in restructuring and impairment charges for the fourth quarter, less than the $25-27 million it had previously expected, executives revealed.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    July 28, 2016
    Three-layered hair product from Lauder, palm oil extracts for wrinkle treatment and more in recently awarded patents.

  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.