Human Pheromone Sciences Q2
This article was originally published in The Rose Sheet
Executive Summary
Fragrances Realm and Inner Realm entering South Korean market as part of a long-term initiative to expand distribution into Asia, firm says. Disappointing sales in the U.S. and Far East coupled with delayed order shipments resulted in net loss of $118,000 in the second quarter compared to net income of $12,000 the prior year period, San Jose, Calif. company reports. Net sales declined 51.9% to $269,000. Despite negative short-term results, "we firmly believe in the viability and long-term value of our fragrance and toiletry products," company maintains...