Breaking News

Yankee Candle Posts Q2 Gains

August 9, 2013

Sales rise 7% to $155.7 million.


Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the second quarter ended June 29, 2013. 
 
Net sales for the second quarter of 2013 rose 7.1% to $155.7 million. Retail segment sales increased 6.1% to $86.8 million, while sales from the company's Wholesale segment increased 2.4% to $41.5 million. Sales in the company's international segment climbed 19% to $27.3 million.
 
Net sales for the six months ended June 29, 2013 increased 6.2% to $319.1 million. The company recorded a net loss of $4.9 million for the second quarter of 2013 compared to a net loss of $13.5 million for the second quarter of 2012. 
 
"We delivered above market performance in our retail business, which together with continued momentum in our strategic growth channels such as International and consumer direct, helped deliver sales increases over the prior year quarter," said Harlan Kent, chief executive officer of Yankee Candle. 
 
In other news, the brand recently debuted Fan Candles with logos of leading colleges. For more home fragrance news, check out the September 2013 Happi.
 
 
blog comments powered by Disqus
  • 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.

  • Naterra Expands Tree Hut Range

    Naterra Expands Tree Hut Range

    Melissa Meisel, Associate Editor||July 18, 2016
    New ‘Bare’ collection is out now.

  • An Antioxidant Arsenal

    An Antioxidant Arsenal

    July 11, 2016
    BioRewind is Dermarché Labs' new anti-aging regimen that delivers broad-spectrum antioxidant protection against free radicals

  • 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.