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Raises 2013 guidance, announces 2014 expectations.
September 12, 2013
By: TOM BRANNA
Editor
Inter Parfums, Inc. is raising its 2013 guidance and is now looking for net sales to come in at approximately $540 million resulting in net income attributable to Inter Parfums, Inc. The company also announced preliminary 2014 guidance, which calls for net sales of approximately $475 million, representing a nearly 16% increase compared to anticipated sales of ongoing brands (excluding Burberry) in 2013. Discussing 2014, Jean Madar, Chairman and CEO of Inter Parfums commented, “We are looking f...
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