Company News, Financial News

Inter Parfums Reports Year End Results

Full year net sales increase 5.6%.

Inter Parfums Inc. has reported results for the fourth quarter and year ended December 31, 2019. For the fourth quarter 2019 compared to fourth quarter 2018, net sales were $177.8 million, up 0.3% from $177.2 million. Net sales by European based operations decreased 4.2% to $129.1 million from $134.8 million. Net sales by US based operations were $48.7 million, up 14.7% compared to $42.4 million.   For the year as a whole, net sales increased 5.6% to $713.5 million from $675.6 million in 2018. A...

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