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Blyth’s PartyLite Is on the Mend

Q1 report shows candle brand is working its way back upward.

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By: TOM BRANNA

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Blyth, Inc. reported earnings for the first quarter. Net sales for the three months ended March 31, 2012 increased 56% to $283.1 million. International sales represented 29% of first quarter sales this year compared to 49% last year, driven by fitness brand ViSalus’ strong domestic sales growth, according to the company.


Commenting on the company’s financial results, Robert B. Goergen, Blyth’s Chairman of the Board and CEO, said, “We are encouraged by PartyLite’s US results during the first quarter which, while below last year, declined at a much slower rate than recent trend. We believe that the programs put in place in 2011 are getting traction and will ultimately have their desired impact. Moreover, we have modified our US programs based on last year’s earnings and began launching them in Canada with strong support from PartyLite Leaders and Consultants during the first quarter.”

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