FragranceNet.com
This article was originally published in The Rose Sheet
Executive Summary
Sales increased to $2.1 mil. in fiscal third quarter (ended Dec. 31) from $406,000 in the prior-year period, the Deer Park, N.Y.-based company announces Feb. 14. The e-tailer recorded an operating profit of $7,895 for the quarter. Gross margins expanded to 38% versus 33% a year ago, due in part to the addition of new suppliers, Fragrance Net says