The Company designs, markets and distributes candles, decorative accessories, seasonal decorations and household convenience items, as well as tabletop lighting, accessories and chafing fuel for the Away From Home or foodservice trade.
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Recs
Potpourri of reasons to short this one - primary target audience is women who have more money than scents (ouch). Really, this one continues to be a slow motion train wreck - advise staying away.
From Moodys:
"The outlook revision reflects Moody's concern over continued material sales declines within the PartyLite U.S. business, due to a deteriorating consultant count, lower consultant productivity, weak discretionary spending and increased competition from other direct sellers," said Moody's Vice President Janice Hofferber