Inter Parfums (IPAR) Tops Q1 EPS by 4c
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Inter Parfums, Inc. Reports 2015 First Quarter Results
May 11, 2015 4:05 PM EDTDiluted EPS up 10.3%
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2015.
First Quarter 2015 Compared to First Quarter 2014:
Net sales were $109.2 million compared to $121.7 million; at comparable foreign currency exchange rates, net sales decreased 2.8%; European-based operations generated net sales of $86.7 million compared to $102.3 million; Sales by U.S.-based operations rose 16% to $22.5 million from $19.4 million; Gross margin was 61.9% of net sales compared to 56.9%;... More