Breaking News

Blyth’s Third Quarter Profit Falls 13%

November 22, 2005

Greenwich, CT-based Blyth, Inc. announced a 13% drop in third quarter profits. The company blamed a weak retail environment.
Quarterly earnings were $30 million, compared to $34.8 million in the year-earlier period. Net sales were $439.4 million, a 2% increase from a year earlier. Sales rose 2% in the wholesale segment, impacted by the April divestiture of Jeanmarie Creations. Direct sales fell 9% to $156.1 million. Catalog and internet sales rose 50% to $54.1 million. In anticipation of continued softness, Blyth lowered its fiscal 2005 earnings expectations to $2.05-2.15 a share, down from the previous forecast of $2.30-2.40.
blog comments powered by Disqus
  • 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.

  • Senior Skin Care

    Senior Skin Care

    Christine Esposito, Associate Editor||July 19, 2016
    McCord Research and Product Quest Manufacturing roll out new hospital-grade skin care kits for seniors to use at home.

  • 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.