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Blyth, Inc. Announces Restructuring

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By: TOM BRANNA

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Blyth, Inc. today during its third quarter fiscal year 2002 earnings teleconference commented on its outlook for the fourth quarter of fiscal 2002. Based on management’s expectations at this time, the company anticipates reporting several restructuring and other one-time events when it announces fourth quarter results on March 14, 2002. These efforts are expected to impact Blyth’s fourth quarter earnings by approximately $12-$15 million pre-tax, resulting in earnings per share charge...

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