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Direct sales company brings in $490 million.
March 17, 2015
By: Melissa Meisel
Direct-to-consumer household company Blyth, Inc. posted slow sales and earnings for the fourth quarter and full year of 2014. In addition, the company announced the completion of a new $35 million five-year term loan and an up-to $15 million asset-based credit facility. Proceeds from the term loan, along with cash-on-hand, were used to retire the company's $50 million in Senior Notes due March 2015. Net sales for the year ended Dec. 31, 2014 decreased 8% to $490.0 million. Net sales f...
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