Yankee Candle Sales Brighten 11% in Q4

Share this content:
Total fourth-quarter sales for Yankee Candle Company Inc. were $157.3 million, up 11 percent from the year-ago quarter, the company said yesterday.

Yankee Candle, South Deerfield, MA, is a designer, manufacturer, wholesaler and retailer of premium scented candles. Its 2001 fiscal year and fourth quarter ended Dec. 29.

Wholesale sales for the quarter, including European operations, totaled $55.2 million, up 3 percent from the fiscal 2000 fourth quarter. Retail sales reached $102.2 million, a 16 percent rise. Comparable sales in the 147 retail stores that have been open more than one year and the mail-order hub fell 3 percent while retail comparable-store sales dropped 5 percent during the fourth quarter.

Net income increased 21 percent in the fourth quarter to $33.6 million from $27.7 million. Operating profit rose 14 percent in the quarter to $57.4 million, from $50.4 million.

Total sales for fiscal 2001 were $379.8 million, up 12 percent from fiscal 2000. Wholesale sales, including European operations, reached $168.1 million, a 3 percent increase from fiscal 2000. Retail sales totaled $211.7 million, up 21 percent.

Comparable-store sales in the 147 stores open more than one year and the mail-order hub increased 2 percent in fiscal 2001. Retail comparable-store sales fell 2 percent.

Operating profit before restructuring charges for fiscal 2001 was $89.9 million, compared with $89.1 million for fiscal 2000. Operating profit after restructuring charges for fiscal 2001 was $81.9 million, compared with $89.1 million for fiscal 2000.


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