Company News, Financial News

Interparfums Raises Sales Guidance

Q3 posts 7.6% increase to $169.5 million.

Inter Parfums, Inc. reported that for the three months ended Sept. 30, 2017, net sales increased 7.6% to $169.5 million. The company is raising its 2017 sales guidance range to between $575 million and $580 million. The previous 2017 sales guidance had been in the range of $560 million to $570 million. Jean Madar, chairman & CEO of Inter Parfums, stated, “During the current third quarter, Montblanc, Coach and Rochas brand sales rose 13%, 34% and 33%, respectively, over the comparable per...

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