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Inter Parfum’s Revises 2008 Guidance

Lower estimates blamed on stronger U.S. dollar.

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By: TOM BRANNA

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Inter Parfums, Inc. announced that as a result of the recent sustained strength of the U.S. dollar against the euro it is revising its 2008 guidance. The revised guidance calls for net sales of approximately $445 million and net income of approximately $25.0 million, or $0.81 per diluted share, as compared to previously announced 2008 guidance of approximately $460 million in net sales, and net income of approximately $26.8 million, or $0.87 per diluted ...

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