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Blyth sees Q1 slips due to euro translation.
May 6, 2015
By: Melissa Meisel
Blyth, Inc. reported sales and earnings for the first quarter of 2015. Net sales for the three months ended March 31, 2015 decreased 12% to $103.7 million. In the Candles & Home Décor segment, PartyLite sales slipped 19% to $65.7 million. Commenting on the first quarter results, Chief Executive Officer Robert B. Goergen, Jr. noted, “While our Catalog & Internet segment sales gained over the prior year period, our Candles & Home Decor segment sales were negatively affected...
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