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July 23, 2003
By: TOM BRANNA
Editor
Yankee Candle Co., South Deerfield, MA, reported second quarter net income rose 22% to $7.2 million on better-than-expected sales. Second-quarter revenue rose 14% to $92.4 million from $81.3 million a year ago. Yankee Candle reaffirmed its earnings and sales guidance for the second half of 2003. The company still expects third-quarter sales growth of 13-15%, and fourth-quarter sales growth of 17-19%. Sales jumped from $81.2 million to $92.3 million in the second quarter....
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