Company News, Financial News

Annual Sales Climb 7% For Yankee Candle

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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 full year and fourth quarter ended Dec. 31, 2011. Sales for the fourth quarter of 2011 rose 8.6% to $316.6 million.Retail sales increased 7.5% to $216.5 million, while sales in the company’s wholesale segment rose 2.6% to $66.4 million. Sales in the company’s international segment, which is being reported as a separate business segment beginning in 2011 after having previously been included in...

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