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Sales Rise 12.4% at Inter Parfums

Fiscal 2010 brought in $460.4 million in sales.

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By: TOM BRANNA

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Inter Parfums, Inc. reported favorable results for the fourth quarter and year ended Dec. 31, 2010. For fiscal 2010, net sales increased 12.4% to $460.4 million.Net income rose 18.9% to $26.6 million. For the Q4, net sales stayed almost flat at $112.4 million. Sales by U.S.-based operations were up 2% to $17.0 million, while European-based operations generated sales of $95.5 million. Net income increased 14.5% to $6.2 million. Russell Greenberg, executive vice president and chief financial...

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