Parlux Fragrances, Inc. Hosts Conference Call to Announce Its Audited Fiscal 2009 Year End Results
15 Maggio 2009 - 10:00PM
Marketwired
Parlux Fragrances, Inc. (NASDAQ: PARL) announced today that it
plans to release its annual results for the fiscal year ended March
31, 2009 after the market closes on Thursday, May 21, 2009. The
Company intends to file its Form 10-K shortly thereafter.
Mr. Neil J. Katz, Chairman and CEO, noted that, "The Company
significantly reduced variable costs in the final quarter of the
year and returned to profitability. We have positioned ourselves
for controlled growth in the current fiscal year. Our investment in
the U.S. department store segment of our business is expected to
pay off as we move through our launch schedule for the current
year, which includes Queen Latifah, Marc Ecko, Josie Natori, and
Nicole Miller, along with new offerings from Paris Hilton and
Jessica Simpson. We do not anticipate launching fragrances under
our newly acquired Rhianna and Kanye West licenses until our fiscal
2011 (summer 2010)."
Conference Call
The Company will host a conference call on Friday, May 22, 2009,
at 9:00 AM (EDT) to discuss the results for the Company's fiscal
year ended March 31, 2009 and to provide additional outlook for the
upcoming fiscal year. To participate, please call: Participant Toll
Free: 866-223-7781 or Participant International: 416-340-8018 (no
digital pin number is required). A replay of the conference call
will also be available from Friday, May 22, 2009 after 3:00PM,
until 11:59PM June 5, 2009. To access the rebroadcast, Digital
Replay Toll Free: 800-408-3053 or Participant International:
416-695-5800 (Replay Passcode: 8434043).
About Parlux Fragrances, Inc.
Parlux Fragrances, Inc. is a manufacturer and international
distributor of prestige products. It holds licenses for Paris
Hilton, Jessica Simpson, GUESS?, Nicole Miller, Natori, Queen
Latifah, Marc Ecko, XOXO, Ocean Pacific (OP), Andy Roddick,
babyGund, and Fred Hayman Beverly Hills designer fragrances, as
well as Paris Hilton watches, cosmetics, sunglasses, handbags and
other small leather accessories.
Certain Information Regarding Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, regarding, among other things, our plans, strategies and
prospects, both business and financial. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements
of the Company or its industry to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. These risks and uncertainties
include, among others, future trends in sales, the Company's
ability to maintain its current brands and licenses, the Company's
ability to successfully introduce, acquire, or launch new brands,
licenses, or products in a cost-effective manner, general economic
conditions, Perfumania's ability to pay its accounts payable
balance due to the Company, and continued compliance with the
covenants in its credit facility. Additional risk factors are set
forth in the Company's periodic reports filed with the Securities
and Exchange Commission. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date thereof. The Company undertakes no obligation to
publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
FOR: Parlux Fragrances, Inc. (954) 316-9008 CONTACT: Neil J.
Katz Ext. 8116 Email Contact Raymond J. Balsys Ext. 8106 Email
Contact Web site: http://www.parlux.com
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