Inter Parfums (IPAR) Reports Q4 EPS of $0.06
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Inter Parfums, Inc. Reports 2015 Fourth Quarter and Full Year Results
March 14, 2016 7:45 AM EDTIncreases Dividend Payout by 15% to $0.60 per Quarter
Affirms 2016 Guidance
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and year ended December 31, 2015.
Fourth Quarter 2015 Compared to Fourth Quarter 2014:
Net sales declined 5.4% to $118.3 million from $125.1 million; at comparable foreign currency exchange rates, net sales increased 1.0%; European based operations generated net sales of $88.6 million, down 5.3% from $93.6 million; Sales by U.S. based operations were $29.7 million, down 5.8% from $31.5 million;... More