Company News, Financial News

Inter Parfums, Inc. Reveals Initial 2024 Guidance

Net sales of $1.45 billion are expected in the new year.

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By: Lianna Albrizio

Associate Editor

Inter Parfums, Inc. expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.    This represents a 12% increase in net sales and an 8% increase in earnings per diluted share compared to 2023 guidance of $1.3 billion in net sales and $4.75 in earnings per diluted share. Guidance for 2023 and 2024 assumes that the average dollar/euro exchange rate remains at current levels.   “With ongoing momentum in the fragrance market, coupled with innovative bl...

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