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June 10, 2005
By: TOM BRANNA
Editor
Perfume manufacturer Parlux Fragrances Inc. reported a 38% jump in fiscal fourth-quarter earnings on sales growth of new and core brands. Net income for the quarter ended March 31 rose to $3.4 million, or 32 cents per share, from $2.5 million, or 24 cents per share, last year. Parlux said fourth-quarter sales grew 32 percent year-over-year to $25.9 million from $19.6 million. Quarterly operating income rose to $5.5 million from nearly $4 million in the prior period.Chairman and chief executive I...
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