Fragrance manufacturer Inter Parfums, Inc. (IPAR) reported a 24 percent increase in first-quarter net sales to about $165.4 million from $133.4 million a year ago.
On average, 4 analysts polled by Thomson Reuters expected revenues of $153.83 million for the quarter.
Sales by the company's European based operations increased 19 percent to $145.2 million from $121.6 million last year, while sales by the U.S. based operations increased 71 percent to $20.2 million from $11.8 million a year ago.
The company noted that it plans to issue results for the first quarter on or about May 9.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.