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New licenses, reduced operated costs imperative to boost
June 6, 2008
By: TOM BRANNA
Editor
Parlux Fragrances, Inc. posted its results for the fiscal year ended March 31, 2008. Sales from continuing operations were up 14% to $153.6 million, according to the company. Income from continuing operations was $5 million compared to a loss of $27 million in the prior year. Net income was $5 million, up 8% from the prior year. According to Neil Katz, chairman and chief executive officer of Parlux, “The company achieved a $51 million improvement in income from continuing operations ...
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