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Parlux Reports Good

Published March 9, 2006
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Parlux Fragrances, Inc. announced results for its third quarter ended December 31, 2005. Net sales were $56.4 million. Net income more than doubled to nearly $6 million.
For the nine-month period ended December 31, 2005, net sales increased 74% to $129.5 million. Net income jumped 92% to $14.2 million.
Commenting upon the results, Ilia Lekach, chairman and chief executive officer, said, “Paris Hilton fragrances continued to achieve strong consumer demand. Our Guess? women’s fragrance established a strong sales base in its first holiday season, which will be expanded with the launch of the Guess? men’s fragrance this spring. Perry Ellis fragrance products retain their strength. Perry Ellis remains our largest brand, representing nearly half of our total business, and we will be introducing a new Perry Ellis 18 fragrance in summer 2006.”

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