Company News, Financial News

PartyLite Maintaining Business at Blyth

Company sales are down, but candle business is moving along.

Blyth, Inc. reported net sales for the second quarter of 2014 ended June 30, 2014 decreased approximately 25% to $157.8 million.   Commenting on the second quarter results, Chief Executive Officer Robert B. Goergen, Jr., noted, “Our second quarter results were affected mainly by ViSalus's decline in North American promoters versus the prior year.  ViSalus management is focusing on rebuilding the North American market through leadership development programs while right-sizing the cost ...

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