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Inter Parfums Reports 2019 Q2 Net Sales

Affirms 2019 guidance.

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By: Charlie Sternberg

Associate Editor

Inter Parfums Inc. has revealed that for the three months ended June 30, 2019, net sales increased 11.3% to $166.2 million as compared to $149.4 million for the corresponding period of the prior year. At comparable foreign currency exchange rates, consolidated second quarter net sales increased 13.7%. Of note, the average dollar/euro exchange rate for the current second quarter is 1.12 compared to 1.19 in the second quarter of 2018. Inter Parfums plans to issue results for the 2019 second quarte...

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