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Inter Parfums’ Profit Jumps 9% in Third Quarter

New launches propel gains.

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By: TOM BRANNA

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Inter Parfums Inc. said its third-quarter profit rose 9% as strong European sales and two major product launches helped boost results. The perfume maker earned $6.2 million, or 20 cents per share, during the three months ended Sept. 30. That compares with a profit of $5.7 million, or 18 cents per share, during the same period last year. Revenue climbed 21 percent to $123.5 million, up from $102.3 million last year. Analysts surveyed by Thomson Reuters expected the New York-based company to ea...

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