Inter Parfums (IPAR) Tops Q1 EPS by 3c
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Inter Parfums, Inc. Reports 2019 First Quarter Results
May 6, 2019 4:05 PM EDTEPS Increases 17.6% to $0.60 Per Diluted Share
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2019. The average dollar/euro ratio for the current first quarter was 1.14 compared to 1.23 in the first quarter of 2018.
First Quarter 2019 Compared to First Quarter 2018:
Net sales were $178.2 million, up 3.8% from $171.8 million; at comparable foreign currency exchange rates, net sales increased 7.4%; Sales by European based operations declined 3.8% to $143.7 million from $149.5 million; Sales by U.S.... More