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Inter Parfums Q4 Profit Soars

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Inter Parfums, Inc. (IPAR) Tuesday said fourth-quarter profit attributable to the company surged to $99.61 million or $3.24 per share in the comparable period last year.

Revenues totaled $176.9 million, down 6.4 percent from from $189.1 million last year. On a comparable foreign currency exchange rates, net sales declined 7.7 percent from last year.

Looking ahead to the fiscal year 2013, the company has forecast earnings in the range of $0.90 to $0.92 per share, with revenues projected at around $480 million.

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