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Q4 Sales Soar at Parlux

But full-year results flounder.

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By: TOM BRANNA

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Parlux Fragrances, Inc.’s sales for the fourth quarter rose 63% to $28.9 million. During the quarter, the company posted a profit of $184,000 compared to a loss of $9.8 million the prior year. However, net sales for the full fiscal year were $123.0 million compared to the prior year of $148.1 million. The prior year included net sales of $43.0 million of Guess brand products, which are no longer sold by the company. Excluding Guess, prior year net sales were $105.1 million and on a...

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