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Net sales rise 7.6% to $155.1 million.
May 10, 2012
By: TOM BRANNA
Editor
Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the first quarter ended March 31, 2012.Sales for the first quarter rose 7.6% to $155.1 million. Retail sales jumped 8.3% to $81.0 million, while the wholesale segment showed gains of 5.7% to $50.2 million. “We saw solid revenue growth in the first quarter in all of our businesses,” said Harlan Kent, CEO of Yankee Candle.”Sales in our Consumer Direct and Fundraising businesses were particul...
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