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Figure reflects a 47% increase from $211 million in the fourth quarter of 2021.
January 23, 2023
By: Lianna Albrizio
Associate Editor
Net sales for Inter Parfums, Inc. for the three months ended December 31, 2022, rose to a record $311 million, a 47% increase from $211 million in the fourth quarter of 2021. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 57% from the fourth quarter of 2021. The average dollar/euro exchange rates for the 2022 and 2021 fourth quarters were 1.02 and 1.14, respectively, leading to a negative 10% foreign exchange impact. For the fu...
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