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Q1 report shows candle brand is working its way back upward.
May 4, 2012
By: TOM BRANNA
Editor
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 ...
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