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April 28, 2004
By: TOM BRANNA
Editor
The Yankee Candle Company, Inc., South Deerfield, MA, announced total sales for the first quarter ended April 3, 2004 were up 10% to $106.5 million. Yankee opened 14 new retail stores during the quarter, totaling 300 stores in the U.S. Operating profit for the first quarter rose 14% to $18.1 million, from $15.8 million in the prior year quarter. Net income increased 16% to $10.5 million.“We achieved the high end of our total sales and earnings per share guidance; and leveraged the 10% tota...
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