Blyth is feeling the effects of shoppers’ selective budgeting on home fragrance, as seen in its fiscal 2011 and fourth quarter reports. For the year ended Jan. 31, 2011, net sales declined 6% to $900.9 million. However, operating profit rose 6% to $46.6 million. Net sales for the fourth quarter also declined 6% to $303.3 million. Offering a company update, Robert B. Goergen, Blyth’s chairman of the board and chief executive officer, commented, “We are pleased with the signific...