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Q3 Gains at Yankee Candle

Net sales rise 4.1% to $175.8 million.

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By: TOM BRANNA

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Yankee Holding Corp. and The Yankee Candle Company, Inc. posted favorable financial results for the third quarter ended Oct. 2, 2010. Sales for the third quarter jumped 4.1% to $175.8 million.Sales in the company’s wholesale business increased 3.7% to $96.2 million, while retail sales rose 4.7% to $79.6 million. The company generated net income of $8.8 million for the third quarter of 2010 compared to a net loss of $0.7 million. For the nine months ended Oct. 2, 2010, retail sales i...

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