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Blyth Posts Loss in Third Quarter

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By: TOM BRANNA

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Blyth Inc., which makes candles and other fragrance products, said Wednesday it swung to a fiscal third-quarter loss, weighed on in part by restructuring charges and other charges. Loss for the quarter ended Oct. 31 totaled $221,000, compared with a profit of $23 million a year ago. Results include restructuring charges of $5.2 million and $2.2 million of net losses on the sale and discontinued operations of Blyth’s European wholesale business. Revenue fell 9 percent to $297.9 million,...

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