logo
Share SHARE
FONT-SIZE Plus   Neg

Inter Parfums Q1 Net Sales Up 24%

Fragrance manufacturer Inter Parfums, Inc. (IPAR: Quote) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. To commemorate the launch of Hubble telescope twenty-five year ago, NASA unveiled celestial fireworks as official image, marked by brilliant tapestry of young stars flaring to life. Abercrombie & Fitch said it would stop hiring store employees based on their body type or physical attractiveness, and that its events, including store openings, will no longer have the presence of shirtless models.
comments powered by Disqus
RELATED NEWS
Trade IPAR now with 
Follow RTT