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Inter Parfums Announces Financial Results

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By: TOM BRANNA

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Inter Parfums, Inc. reported results for the third quarter and nine months ended Sept. 30, 2004.For the third quarter, net sales rose 17% to $67.1 million. At comparable foreign currency exchaange rates, net sales increased 11% for the period. Gross margin grew 50%, as compared to 48% in the year-ago period. Income from operations decreased 5% to $8 million, and net income declined 14% to $4 million compared to the previous year’s period.Sales for the nine months ended Sept. 30, 2004 were ...

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