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Things are Heating Up at Yankee Candle

Q2, six month financial report shows sales increases.

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By: TOM BRANNA

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Yankee Holding Corp. and The Yankee Candle Company, Inc. posted positive financial results for the second quarter ended July 3, 2010. Sales increased 5.5% to $125.4 million. Sales in the company’s wholesale business jumped 5.8% to $53.7 million, while retail sales rose 5.2% to $71.7 million. “The retail environment was considerably more challenging in the second quarter than in the first, as the consumer became increasingly cautious,” said Harlan Kent, the company’...

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