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Blyth, Inc. Reaffirms Fiscal Year 2008 Outlook

Blyth, Inc., a multi-channel designer and marketer of home fragrance products, confirmed its outlook for fiscal year 2008.

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By: TOM BRANNA

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Blyth, Inc., a multi-channel designer and marketer of home fragrance products, confirmed its outlook for fiscal year 2008. Management reaffirmed fiscal year 2008 guidance of earnings of $1.02-$1.12 per share, or $1.32-$1.37 per share excluding restructuring and impairment charges. Commenting on the company’s full year projections, Robert B. Goergen, Blyth’s chairman of the board and CEO, said, “We anticipate continued gross margin improvement versus last year, which is expected to...

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