Company News

Yankee Candle Posts Big Sales Gain

Author Image

By: TOM BRANNA

Editor

The Yankee Candle Company Inc., South Deerfield, MA, announced sales for the second quarter ended June 29 were a record $81.3 million, a 31% increase. Wholesale sales including European operations were up 43% to $40.2 million. Retail sales were $41.1 million, a 20% increase over the year-ago quarter. Yankee opened 16 new retail stores and entered one new state, Iowa, during the second quarter and ended the quarter with 218 stores in 40 states.Executives said net income for the fiscal 2002 second...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters