Inter Parfums (IPAR) Tops Q4 EPS by 1c
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Inter Parfums, Inc. Reports 2016 Fourth Quarter and Full Year Results
March 13, 2017 4:05 PM EDTAffirms 2017 Guidance
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter ended December 31, 2016.
Fourth Quarter 2016 Compared to Fourth Quarter 2015:
Net sales were $134.8 million, up 13.9% from $118.3 million; at comparable foreign currency exchange rates, net sales increased 15.3%; Sales by European based operations rose 12.8% to $99.9 million from $88.6 million; at comparable foreign currency exchange rates, net sales increased 14.6%; U.S. based operations generated net sales of $34.9 million, up 17.3% from $29.7 million;... More