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The company is expecting full-year 2022 net sales of $1.08 billion.
January 5, 2023
By: Lianna Albrizio
Associate Editor
In light of better-than-expected fourth quarter sales, Inter Parfums, Inc. is raising its guidance for the year ended December 31, 2022, the company announced Wednesday. The company is expecting full-year 2022 net sales of $1.08 billion; previous sales guidance was $1.025 billion. With the increase in sales and concurrent operating leverage, diluted earnings per share should approximate $3.60, up from $3.40, the prior estimate. The company said management is seeking out a 23...
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