Inter Parfums (IPAR) Q1 Sales Fell 10.3%

Go back to Inter Parfums (IPAR) Q1 Sales Fell 10.3%

Inter Parfums, Inc. Reports 2015 First Quarter Sales

April 23, 2015 4:05 PM EDT

NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended March 31, 2015, net sales were $109.2 million compared to $121.7 million in the first quarter of 2014, with a substantial portion of the decline attributable the strong dollar versus the euro. At comparable foreign currency exchange rates, consolidated first quarter net sales were $118.4 million. Inter Parfums plans to issue results for the 2015 first quarter on or about May 11, 2015.

Net Sales:

       

Three months endedMarch 31,

(in millions) 2015     2014     % Change   European-based product sales $ 86.7 $ 102.3... More