Company News, Financial News

Inter Parfums Reveals 2018 Guidance

Sales to rise 7% based on financial data.

Inter Parfums, Inc. reported initial 2018 guidance, which calls for net sales of approximately $620 million, resulting in net income attributable to Inter Parfums, Inc. of approximately $1.40 per diluted share. Guidance assumes the dollar remains at current levels. Russell Greenberg, executive vice president & chief financial officer of Inter Parfums, stated, “Our initial 2018 guidance range implies a year-over-year increase in net sales of approximately 7%, based upon the high end...

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