Financial News

PartyLite Maintaining Business at Blyth

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By: TOM BRANNA

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Blyth, Inc. reported net sales for the second quarter ended June 30, 2014 decreased approximately 25% to $157.8 million. Chief executive officer Robert B. Goergen, Jr. noted, “PartyLite has done an excellent job of managing costs, as second quarter profits are only slightly below last year despite a 6% reported sales decline. They continue to focus on a multi-channel strategy, and our investments in technology are helping PartyLite consultants grow their businesses through ecommerce and impro...

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