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November 6, 2001
By: TOM BRANNA
Editor
Inter Parfums, Inc. said its third quarter net sales rose 7% to $27.6 million. Gross margin improved to 48% versus 46% for the same period last year and net income increased 18% to $1.9 million.Net sales for the nine months increased 17% to $84.9 million. Net income was up 29% to $5.9 million.“In light of no new major product launches during the third quarter and the 36% increase in third quarter 2000 sales, the 7% sales increase was better than we had earlier anticipated,” said Jean...
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