Financial News

Blyth Reports Q1 Decline; Blames Strong US Dollar

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By: TOM BRANNA

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Blyth, Inc.  sales and earnings for the first quarter of 2015. Net sales for the three months ended March 31, 2015 decreased 12% to $103.7 million. In the candles and home décor segment, PartyLite sales slipped 19% to $65.7 million.  Commenting on the first quarter results, CEO Robert B. Goergen, Jr. noted, “While our catalog and internet segment sales gained over the prior year period, our candles and home decor segment sales were negatively affected by the increasing strength of the US doll...

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