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 Paris Hilton fragrance ‘Just Me,’ and our Limited Edition Paris Hilton watches are being launched this month.” Mr. Lekach continued, “The successful launch of GUESS? women’s fragrance earlier this year continues to fuel our growth. We are grateful to our Perry Ellis licensor for their continued marketing efforts, and look forward to the launch of Perry Ellis 18 in 2006.”