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Sales Up 18% at Yankee Candle

Both wholesale and retail sectors show gains in Q1.

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By: TOM BRANNA

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Yankee Holding Corp. and The Yankee Candle Company, Inc. posted favorable financial results for the first quarter ended April 3, 2010. Sales for the first quarter of 2010 rose 18.2% to $141.0 million. Sales in the company’s wholesale business increased by 23.1% versus the prior year first quarter. Retail sales were $73.7 million – an increase of $9.1 million or 14.2% from the first quarter of fiscal 2009. “Our positive momentum continued in the first quarter as we were a...

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