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Candle Sales Down at Blyth

Net sales show 4% slip to $331 million.

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By: TOM BRANNA

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Blyth, Inc. posted a 4% drop in net sales for the three months ended Dec. 31, 2012 to $331.0 million. Sales growth of ViSalus, as compared to the prior year period, was more than offset by declines at PartyLite and Miles Kimball Company. Commenting on the fourth quarter, Robert B. Goergen, Chairman of the Board and Chief Executive Officer noted, “Blyth achieved two significant objectives at the end of last year that positions it for profitable growth as a direct-to-consumer marketin...

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