Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2015
 •  By Made Beautiful Ready for Launch  •  Get To Know the American Cleaning Institute  •  Good News on the US Economy  •  A.I.I. Expands Portfolio  •  Where You Don’t Want Salicylic Acid
Print

Blyth’s 4Q Profit Hit by Restructuring Charges



Published November 15, 2005
Related Searches: men quarter candle executives
Post a comment
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