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
  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.