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December 2, 2005
By: TOM BRANNA
Editor
Inter Parfums, Inc. reported third quarter net sales increased 12% to $75.4 million. Gross margin rose to 56% of net sales, as compared to last year’s 50%. Net income fell to $3.8 million from $4.0 million a year ago. Net sales through September 30, 2005 increased 21% to $207.9 million. Net income fell to $11.4 million from $12.2 million. In an unrelated move, Inter Parfums announced that one of its stockholders, LV Capital USA, Inc., has entered into an agreement to sell 3,436,050 shares o...
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