Company News, Financial News

Blyth, Inc. Reports Second Quarter Sales and Earnings

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By: TOM BRANNA

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● Blyth, Inc. reported that net sales for the second quarter ended July 31, 2006 increased approximately 2% to $262.6 million. International sales represented 27% of total sales in the second quarter this year versus 23% last year, reflecting strong growth in PartyLite’s international markets. Second quarter operating loss was $27.7 million this year versus operating profit of $16.9 million last year. The loss includes a non-cash, pre-tax goodwill impairment charge of $36.8 million arising from...

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