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
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • New Surfactants

    Tom Branna, Editorial Director ||September 1, 2016
    Here’s a list of new ingredients introduced by surfactant suppliers

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.