Human Pheromone Sciences
This article was originally published in The Rose Sheet
Executive Summary
Net sales dipped to $9.3 mil. in 1999, the company announces Feb. 17. Human Pheromone Sciences recorded a loss of $844,000 versus a loss of $2.6 mil. a year ago. For the fourth quarter, sales increase to $2.8 mil. while income drops to $142,000. Human Pheromone attributes the loss to dependence on Realm fragrances sales in department stores, which was a major drain on profits and cash flow, according to the company. In response, Human Pheromone plans to increase licensing agreements to eliminate losses