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Blyth Inc. Nov 11
Standard & Poors, November 2011
Favorable market position in catalog items, candles, and decorative accessories. Vulnerability to reduced discretionary spending in an economic downturn; and A narrow business focus. Standard & Poor's Ratings Services' speculative-grade ratings on Conn.-based Blyth Inc. reflect our opinion that the company has a "significant" financial risk profile (as our criteria define the term) and our assessment of the company's business risk as "vulnerable." Although Blyth has experienced strong growth in its ViSalus weight-loss products business in recent quarters, sales have been declining over the last few years in its core North American PartyLite direct-selling business. The company experienced declining consumer demand during the recession and also has lost more than 1,000 sales consultants in the PartyLite segment over the past...
Companies mentioned in this report are: Blyth Inc.
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