Financial News

Q4 Sales Rise 18.5% At Inter Parfums

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By: TOM BRANNA

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Inter Parfums, Inc. reported that for the three months ended Dec. 31, 2018, net sales soared 18.5% to $177.2 million compared to the final quarter of 2017. For the full year, net sales rose 14.3% to $675.6 million. Executive vice president and CFO Russell Greenberg said, “With sales coming in better than expected, we have raised our 2018 guidance range … to expect net sales of approximately $705 million.” ...

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