Yankee Candle Burns Brightly in 2002

Share this content:
Strong wholesale results fueled record fourth-quarter and fiscal 2002 results at Yankee Candle Co. Inc., South Deerfield, MA.


Q4 wholesale sales rose 19 percent from last year to $65.5 million, the company said yesterday, and total Q4 sales climbed 12 percent to $176.3 million. Retail sales were $110.9 million, up 8.5 percent from the fiscal 2001 fourth quarter. Q4 net income rose 17 percent to $39.2 million, and operating profit jumped 15 percent to $65.7 million.


Total sales for fiscal 2002 were $444.8 million, a 17 percent increase from fiscal 2001. Wholesale was again the strongest performer, with sales rising 22 percent to $204.9 million. Retail sales were $239.9 million, up 13 percent from fiscal 2001. Net income for 2002 was $64 million, up from $43.3 million in fiscal 2001. Operating profit rose 34 percent to $109.8 million.


Yankee Candle's wholesale network consists of 14,000 store locations. The company does not break out sales for its Internet and catalog operations.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above