Analyst Likes Parlux and Revlon
Posted on October 15, 2008 @ 08:57 am
Zacks has rated both Parlux and Revlon a "buy." The company notes that Parlux Fragrances, Inc. ((NasdaqGS: PARL - News) saw sales surged 43% in the second quarter as the Jessica Simpson and Paris Hilton fragrances took off. Branded fragrances apparently are still a hot commodity going into the holiday season. The company has a forward P/E of 10.15.
Meanwhile, Revlon, Inc. (NYSE: REV - News) is paying down debt and focusing on its core business, according to Zacks. The company has also seen an increase in sales despite a tough economy.
Meanwhile, Revlon, Inc. (NYSE: REV - News) is paying down debt and focusing on its core business, according to Zacks. The company has also seen an increase in sales despite a tough economy.
