Blyth (BTH - commentary - Cramer's Take) surged 13% after it swung to a loss in the second quarter, hurt by a goodwill impairment charge. The Greenwich, Conn.-based company lost $89.4 million, or $2.24 a share, in the quarter, compared with the earnings of $4.2 million, or 10 cents a share, a yea...
On a day that felt hot enough to melt wax, 7,500 eager candle saleswomen gathered downtown Wednesday to talk about ways to fire up sales. The event is the annual national convention of PartyLite Gifts, a company that sells candles through in-home party shows, a la Tupperware. The conventioneers h...
LOS ANGELES, June 1 (Reuters) - Candle maker Blyth Inc. (BTH.N: Quote, Profile, Research) on Thursday posted a net loss on charges and net sales that fell 4 percent on weak sales in its PartyLite U.S. direct selling business and higher commodity costs. The company's net loss for the first quarter...
COLONY CANDLES PUT UP FOR SALE A CANDLE factory which employs 175 workers is up for sale. Staff at the Colony Gift Corporation in Lindal were told yesterday that American owner Blyth Incorporated is selling off all its European home fragrance and candles companies. A second big Barrow candle fact...
Blyth, Inc. Reports 4th Quarter and Full Year Sales and Earnings GREENWICH, Conn., March 30, 2006 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the fourth quarter ended January 31, 2006 declined ...