Inter Parfums (IPAR) Tops Q4 EPS by 6c, Offers FY Guidance

Go back to Inter Parfums (IPAR) Tops Q4 EPS by 6c, Offers FY Guidance

Inter Parfums, Inc. Reports 2018 Fourth Quarter and Year End Results

March 4, 2019 8:00 AM EST

2018 Net Sales and Diluted EPS Increase by 14.3% and 28.6%, Respectively

Increases 2019 Sales & Earnings Guidance

NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Compared to Fourth Quarter 2017:

Net sales were $177.2 million, up 18.5% from $149.5 million; at comparable foreign currency exchange rates, net sales increased 21.2%; Net sales by European based operations rose 16.8% to $134.8 million from $115.4 million; Net sales by U.S. based operations were $42.4 million, up 24.4%... More