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Parlux

This article was originally published in The Rose Sheet

Executive Summary

Revenues for the fiscal year ended March 31, 2005 are expected to increase 26% to approximately $100 mil., the Fort Lauderdale, Fla. firm reports May 2. Earnings per share are projected to be up around 60% to $.99-$1.01, Parlux says. Results were boosted by the strength of the Perry Ellis fragrance brand, as well as the Paris Hilton range, firm notes. The international rollout of Paris Hilton has been "extremely successful," and is "paving the road for the Guess launch," which is slated for this year (1"The Rose Sheet" Nov. 10, 2003, p. 4). Final results for Q4 and the full fiscal year will be announced in June...

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