Inter Parfums (IPAR) Tops Q3 EPS by 2c
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Inter Parfums, Inc. Reports 2018 Third Quarter Results
November 5, 2018 4:05 PM ESTIncreases Dividend 31%
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the third quarter ended September 30, 2018.
Third Quarter 2018 Compared to Third Quarter 2017:
Net sales were $177.2 million, up 4.5% from $169.5 million; at comparable foreign currency exchange rates, net sales increased 5.4%; Net sales by European based operations rose 2.4% to $137.8 million from $134.6 million; Net sales by U.S. based operations were $39.4 million, up 12.9% from $34.9 million; Gross margin was 61.6% compared to 61.0%; S,G&A expenses as a... More