Inter Parfums (IPAR) Tops Q4 EPS by 2c, Updates FY15 Guidance

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Go back to Inter Parfums (IPAR) Tops Q4 EPS by 2c, Updates FY15 Guidance

Inter Parfums, Inc. Reports 2014 Fourth Quarter and Full Year Results

March 11, 2015 4:05 PM EDT

Sales of Ongoing Brands Increase 18.6% for Quarter and 15.3% for the Year

Increases Dividend Payout by 8% to $0.13 Per Quarter

Raises 2015 EPS Guidance to $0.98 to $1.00

NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and year ended December 31, 2014.

Fourth Quarter 2014 Compared to Fourth Quarter 2013:

Net sales increased 18.6% to $125.1 million from $105.5 million; at comparable foreign currency exchange rates, net sales increased 25%; European-based operations generated net sales of $93.6 million, up 19.3% from $78.4 million;... More