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Source: TheStreet 9/4/2006

Partylite Parent Blyth Surges on Guidance

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 year ago. Adjusted for goodwill impairment charge and loss from discontinued operations, the company earned 13 cents a share in the most recent quarter. Analysts surveyed by Thomson First Call were expecting loss of 4 cents a share.

View PartyLite Gifts, Inc Review

Related News

PartyLite Parent Names New CEO

October 14, 2015 PLYMOUTH, Mass.-- Blyth, Inc., a direct-to-consumer manufacturer and distributor of home fragrance, household products and accessories, today will name Harry Slatkin as Chief Executive Officer and member of the Board of Directors. Blyth, Inc. was recently acquired by The Carlyle Gro... Read More...

PartyLite Parent Acquired by Investor

GREENWICH, Conn. and NEW YORK, Aug. 31, 2015 -- Global alternative asset manager The Carlyle Group and Blyth, Inc., a direct-to-consumer manufacturer and seller of candles and home fragrance products, today announced they have entered into a definitive agreement under which The Carlyle Group will ac... Read More...

PartyLite Celebrating Earth Hour 2015

March 4, 2015 -- Lights off! Candles on! That's the idea behind Earth Hour, which happens around the world from 8:30 p.m. to 9:30 p.m. local time Saturday, March 28.

Over the last eight years, Earth Hour has grown from a symbolic "lights out" event in Australia to an annual global event celeb... Read More...

PartyLite Products Now Available In Turkey

GREENWICH, Conn., Jan. 26, 2015 -- Blyth, Inc., a direct to consumer company and leading designer and marketer of candles and accessories for the home and health, wellness and beauty products, household convenience items and personalized gifts sold through the direct selling and direct marketing cha... Read More...