Yankee Candle Q2 Sales Up, Loss Down Slightly
GDA Staff -- Gifts and Dec, 8/19/2010 4:44:48 PM
South Deerfield, MA — Yankee Holding Corp. and The Yankee Candle Co. reported a 5.5 percent increase in sales for the second quarter of 2010, to $125.4 million.
Sales in the company's wholesale business were $53.7 million, an increase of $3 million or 5.8 percent versus the prior year second quarter. However the wholesale growth was driven primarily by an increase in sales in the company's international business, not domestic. Retail sales were $71.7 million, an increase of $3.6 million or 5.2 percent from the second quarter of fiscal 2009. However most of that was from new stores: Comparable sales in stores that have been open for more than one year decreased by 3.1 percent. The Consumer Direct business increased by 12.6 percent.
The company saw a net loss of $10.2 million for the second quarter, compared to a net loss of $12.5 million for the second quarter of 2009.
We would love your feedback!
-
Yankee Candle Q2 Wholesale Gift Sales Fall
Aug 15, 2011 -
Yankee Candle Reports Improved Fourth Quarter
Mar 4, 2010 -
Yankee Strong in Second Quarter
Aug 9, 2007
Featured Company
-
Brandwise Inc.
Brandwise serves a model - not just an industry - by integrating, automating, and optimizing the entire sales channel, from wholesale Suppliers to their Reps and the Retailers they service. In short, our software helps Reps and Suppliers sell more and create... more
VIEW ALL GALLERIES
