Inter Parfums (IPAR) Tops Q4 EPS by 1c, Revenues Beat
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Inter Parfums, Inc. Reports 2019 Fourth Quarter and Year End Results
March 2, 2020 4:08 PM EST2019 Net Sales and Diluted EPS Increase by 5.6% and 11.1%, Respectively
NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and year ended December 31, 2019. Of note, the average dollar/euro exchange rate for the 2019 fourth quarter was 1.11 compared to 1.14 in the fourth quarter of 2018. For the full years ended December 31, 2019 and 2018, the average dollar/euro exchange rates were 1.12 and 1.18, respectively.
Fourth Quarter 2019 Compared to Fourth Quarter 2018:
Net sales were $177.8 million, up 0.3% from $177.2 million; at comparable foreign currency exchange rates, net... More