Parlux Fragrances
This article was originally published in The Rose Sheet
Executive Summary
Economic difficulties in certain international markets accounted for a 2.5% decrease in sales to $14.9 mil. for the fiscal first quarter ended June 30. Net income increased 62.4% to $678,424 for the quarter over the prior-year period, mainly due to reduced operating expenses and a reduction in net interest expense, the company announced Aug. 12