Inter Parfums (IPAR) Tops Q4 EPS by 1c

Inter Parfums (NASDAQ: IPAR) reported Q4 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $134.8 million versus the consensus estimate of $131.6 million.

• Net sales were $134.8 million, up 13.9% from $118.3 million; at comparable foreign currency exchange rates, net sales increased 15.3%;
• Sales by European based operations rose 12.8% to $99.9 million from $88.6 million; at comparable foreign currency exchange rates, net sales increased 14.6%;
• U.S. based operations generated net sales of $34.9 million, up 17.3% from $29.7 million;
• Gross margin was 63.7% of net sales compared to 64.0%;
• S,G&A expense as a percentage of net sales was 59.0% compared to 60.4%;
• Operating income rose 26.5% to $5.4 million from $4.3 million;
• Net income attributable to Inter Parfums, Inc. rose 111.2% to $3.9 million compared to $1.9 million; and,
• Net income attributable to Inter Parfums, Inc. per diluted share rose 116.7% to $0.13 from $0.06.

For earnings history and earnings-related data on Inter Parfums (IPAR) click here.

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