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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