Company News

Yankee Candle Posts Record 4Q and Year Sales

Author Image

By: TOM BRANNA

Editor

The Yankee Candle Company, Inc., South Deerfield, MA, reported sales in the fourth quarter ended Jan. 3 increased 16% $205.1 million. Operating profit for the fiscal 2003 fourth quarter increased 14% to $75.1 million, from $65.7 million for the prior year quarter. Net income rose 15% in the quarter to $44.9 million. Yankee also opened four new retail stores during the fourth quarter and ended the quarter with 286 stores in 42 states. Executives said the sales totals set a new fourth quarter and ...

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