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Inter Parfums Issues 2006 Profit Outlook

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By: TOM BRANNA

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Inter Parfums Inc. said it expects 2006 earnings above Wall Street estimates. The company, whose fragrance brands include Christian Lacroix and Diane von Furstenberg, anticipates net income of $16.9 million (83 cents per share), on sales of $301 million. Excluding a tax charge for stock-based compensation, Inter Parfums expects earnings of 86 cents per share. Analysts surveyed by Thomson Financial expect profit of 80 cents per share on sales of $305 million. The company noted that its forecas...

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