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Inter Parfums Reports Q4, Full Year Results

Strength of dollar impacted sales growth, says CEO Madar.

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By: Christine Esposito

Editor-in-Chief

For the three months ended December 31, 2015, Inter Pafrums, Inc. net sales were $118.2 million, down 5.5% from $125.1 million for the final quarter of 2014. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 1.0%. For the full year, net sales dropped 6.2% to $468.4 million. At comparable foreign currency exchange rates, consolidated 2015 net sales increased 1.5%.    “As was the case for the first nine months of 2015, the strength of the US dollar vers...

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