Company News, Financial News

Parlux Sales Surge in Second Quarter

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By: TOM BRANNA

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Parlux Fragrances, Inc. said second quarter sales surged 73% to $39,328,298. Net income rose 87% to $4,439,870. For the six-month period ended September 30, 2005, sales rose 68% to $73,145,627. Net income jumped 81% to $8,251,493. Commenting on the results, Ilia Lekach, chairman and chief executive officer, said, “We have again achieved record results and are on track to achieve our full- year estimates as long as the economy remains stable. We have recently commenced shipments of our second...

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