Company News, Financial News

Inter Parfums Reports Positive Q3

Net sales increase 7.9 percent.

Inter Parfums Inc. has reported that for the three months ended September 30, 2019, net sales increased 7.9 percent to $191.2 million as compared to $177.2 million for the corresponding period of the prior year. At comparable foreign currency exchange rates, consolidated third quarter net sales increased 9.7 percent. Of note, the average dollar/euro exchange rate for the 2019 third quarter is 1.11 compared to 1.16 in the third quarter of 2018, and 1.12 and 1.19 for the nine months ended Septembe...

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