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Inter Parfums Releases 2013 Guidance

Estimates net sales of $460 million.

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By: TOM BRANNA

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Inter Parfums, Inc. released its initial guidance for 2013, which calls for net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million, or $0.86 per diluted share. Guidance assumes the dollar remains at current levels. Jean Madar, chairman and CEO of Inter Parfums, commented, “We are very optimistic about the future sales growth of our ongoing brand portfolio. Our guidance implies an approximate 16% sales increase in 2013 for ...

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