As of December 17, 2012, Christmas Eve and Other Stories was the ninth best-selling Christmas/holiday album in the United States during the Nielsen SoundScan era of music sales tracking (1991–present), with sales of at least 3,347,000 copies according to SoundScan.
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In 2001, the Target retail chain in the United States issued a version of the album with a different catalog number and a sticker attached to the front shrink wrap stating "Target Exclusive: 2 Bonus Songs Included."
Joined by a full orchestra and multiple singers, the band recorded Christmas Eve and Other Stories, a concept album which told the story of an angel descending to earth to search for the true meaning of Christmas.
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