Company News, Financial News

Ending The Year on a High Note

Inter Parfums' fourth quarter sales exceed expectations.

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By: Christine Esposito

Editor-in-Chief

It was a great quarter, and year, for Inter Parfums, Inc. For the three months ended Dec. 31, 2016, net sales were $134.8 million, up 13.9% from $118.3 million for the final quarter of 2015. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 15.3%. For the full year, net sales rose 11.2% to $521.1 million from $468.5 million in 2015. At comparable foreign currency exchange rates, consolidated 2016 net sales increased 12.1%, the company said. “The fi...

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