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August 17, 2000
By: TOM BRANNA
Editor
FFI Fragrances today reported financial results for its second quarter ended July 31, 2000. Net sales for the quarter rose 12% to $66.9 million, compared to $59.7 million for the corresponding period last year. Net income, however, fell sharply from $2.0 million to $637,000.During the second quarter, the company said it incurred a number of expenses in an effort to prepare for anticipated strong holiday season sales and to improve second-half operating efficiencies.The company invested in the Ed...
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