Inter Parfums, Inc. Reports 2020 First Quarter Results
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Inter Parfums (IPAR) Misses Q1 EPS by 11c, Revenues Miss
May 11, 2020 4:59 PM EDTInter Parfums (NASDAQ: IPAR) reported Q1 EPS of $0.32, $0.11 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $144.8 million versus the consensus estimate of $157.84 million.
First Quarter 2020 Compared to First Quarter 2019:
Net sales were $144.8 million or 18.7% lower than $178.2 million, at comparable foreign currency exchange rates, net sales declined 17.8%;Sales by European based operations declined 20.6% to $114.1 million from... More