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In Brief: Tristar

This article was originally published in The Rose Sheet

Executive Summary

Tristar: Reports sales up 64.7% to $18.1 mil. for third quarter FY 1997 (ended May 31). Net income grew to $288,000, compared to a net loss of $3.1 mil. in the year-ago period. The company attributed the sales growth to the success of its Royal Selections alternative designer fragrance line introduced in September 1996 in the U.S. wholesale and Latin American markets. The firm said its improved bottom line was due to increased sales, improved gross profits and lower interest expense...
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