Breaking News

Sales Rise 5.4% at Yankee Candle

May 9, 2013

Retail sales increase while wholesale decreases.

Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the first quarter ended March 30, 2013.  Net sales rose 5.4% to $163.4 million. Retail sales rose 1% to $89.2 million, while wholesale sales fell 2% to $43.6 million.
 
 
"We were pleased with our first quarter results, as another strong performance in our retail business together with continued momentum in our strategic growth channels such as international and consumer direct helped deliver solid sales increases over the prior year quarter," said Harlan Kent, chief executive officer of Yankee Candle. 
 

Related End-User Markets:

blog comments powered by Disqus