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Net Sales Slip at Parlux

Q2 and six month period show decreases so far.

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By: TOM BRANNA

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Parlux Fragrances, Inc. announced unaudited results for its second quarter and the six-month period ended Sept. 30, 2010. Net sales for the quarter fell 5% to $38.6 million. The prior year second quarter contained approximately $16.5 million of Guess brand net sales, which are no longer distributed by the company. According to Parlux, with the exclusion of sales of Guess products, there was a decrease of approximately 3% in net sales. Net income for the quarter fell 2% to $1.1 million. For th...

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