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Blyth Inc Lowers FY 2013 EPS Guidance

Friday, 1 Nov 2013 08:00am EDT 

Blyth Inc announced that for fiscal 2013, it expects diluted earnings per share (EPS) to be in the range of $0.35-$0.45 compared to prior guidance of $0.75-$0.90. The reduced outlook is primarily driven by the decline in ViSalus' North American sales projections. The revised guidance excludes the impact of the $0.28 per share charge reflecting dividends paid to non-controlling interest holders of ViSalus in excess of their allocable share of the income earned by ViSalus. After giving effect to this downward adjustment, Diluted EPS Attributable expected to be approximately $0.07-$0.17 for fiscal 2013. 

Company Quote

0.01 +0.11%
16 Apr 2014