Inter Parfums (IPAR) Raises Quarterly Dividend 13.3% to $0.17; 2.1% Yield
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Inter Parfums, Inc. Reports 13.4% Increase in 2016 Third Quarter Sales
October 24, 2016 4:05 PM EDTNarrows 2016 Guidance to High End of Range
Increases Dividend by 13%
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended September 30, 2016, net sales increased 13.4% to $157.6 million as compared to $138.9 million, for the corresponding period of the prior year. At comparable foreign currency exchange rates, consolidated third quarter net sales increased 14.8%. Inter Parfums plans to issue results for the 2016 third quarter on or about November 8, 2016.
             ÂNet Sales:
ÂThree months ended
September 30,
Nine Months Ended
September 30,
2016
2015
% Change 2016 2015 % Change ($ in millions)... More