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August 5, 2004
By: TOM BRANNA
Editor
Parlux Fragrances, Inc., Fort Lauderdale, FL, reported net sales increased 36% to $22.9 million for the first quarter ended June 30, 2004. Operating income rose to $3.4 million. Net income tripled to nearly $2.2 million. Executives said they do not expect the same stellar growth for the second quarter, however the product pipeline is full with several fragrances expected to come out in 2006.“We continue to invest in the development of new and exciting products for the launches of our Guess...
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