Parlux net sales up 73% for year ended March 31, 2005
10 Jun '05
3 min read
Since the end of our fiscal year, we have reduced our total outstanding shares to 8,943,318 by acquiring 217,272 shares under our on-going common stock buy-back program which should further improve earnings per share.
I continue to be optimistic that our previous guidance of $190-210 million in revenues and earnings per share between $2.00-$2.20 for the entire year will be achieved assuming the implementation of our planned launches and stable economic conditions."
Parlux Fragrances Inc is a manufacturer and international distributor of prestige fragrances and holds the licenses to manufacture and distribute the designer fragrance brands of Perry Ellis, Paris Hilton, GUESS?, XOXO, Ocean Pacific (OP), Maria Sharapova, Andy Roddick, babyGund, and Fred Hayman Beverly Hills. Parlux also recently signed licenses to manufacture and distribute Paris Hilton watches, cosmetics and handbags and other small leather accessories.