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

Quick Facts

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
RELATED NEWS
Trade IPAR now with 
Follow RTT