Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2015
 •  The Laundress Opens Flagship Store  •  New Anti-Aging Active at Silab  •  Innospec Attains Cosmetic GMP Certification  •  Herbalife Clears Another Legal Hurdle  •  Mary Kay Picks Location for New R&D Center

Yankee Candle 4Q Profits

Published March 9, 2006
Related Searches: candle retail scent stores
Post a comment
Yankee Candle Co. announced its fourth quarter earnings dropped by 10% due to higher energy costs that drove up expenses for raw material and shipping. The scented candle maker and retailer reported quarterly earnings of $43.4 million, down from $48 million.
Yankee Candle closed 17 of its stores during the quarter, which led to a $5.5 million restructuring charge. Excluding that charge, fourth-quarter adjusted profit was $46.8 million. Revenue rose to $236.9 million, an 8% increase. For the full year, Yankee Candle’s profits fell 6% to just over $78 million.

blog comments powered by Disqus