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Blyth Reaffirms 2008 Outlook

Published October 3, 2007
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Blyth, Inc., a marketer of home fragrance products, confirmed its outlook for fiscal year 2008. Commenting on the company’s full-year projections, Robert B. Goergen, chief executive officer, said, “We anticipate continued gross margin improvement versus last year, which is expected to offset effects of soft sales.”

Blyth also reaffirmed expectations for cash flow from operations to be in excess of $85 million and capital expenditures for 2008 of approximately $13 million.

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