Yankee Candle narrows loss in Q2
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Yankee Holding Corp. and The Yankee Candle Co. reported Thursday that it narrowed its loss in the quarter ended July 3 to $10.2 million, compared with a loss of $12.5 million in the year-ago period. Retail sales for the second quarter increased 5.2% to $71.7 million.Same-store sales dropped 3.1%.The Yankee Candle Co. operates 503 stores in 43 states, as well as sells its products through a North American wholesale customer network of approximately 20,700 store locations.
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