Company News, Financial News

Dollar Versus Euro Impact Sales at Blyth

Q2 shows slips in global sales.

At Blyth, Inc., net sales for the three months ended June 30, 2015 decreased approximately 16% to $88.0 million.  Sales for the quarter continued to be negatively impacted by the strengthening US dollar, particularly against the euro, by approximately 8%, or $7.8 million.   Commenting on the second quarter results, Robert B. Goergen, Jr., chief executive officer, noted, “Our Catalog & Internet segment sales gained over the prior year period, driven largely by the acquisition of Native...

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