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Yankee Candle Reports Double-Digit Gains in Q2

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By: TOM BRANNA

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• Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the second quarter ended June 30, 2012.Sales increase 11.9% to $145.3 million. Retail sales also rose 11.9% to $81.8 million, while sales in the company’s wholesale segment increased 6.3% to $40.5 million. “We are pleased with the strong sales and adjusted EBITDA growth we were able to deliver in the second quarter,” said Harlan Kent, chief executive officer of Yankee Candle.“We continue to see momentum i...

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