Inter Parfums (IPAR) Q3 Revenue Tops Consensus

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Go back to Inter Parfums (IPAR) Q3 Revenue Tops Consensus

Inter Parfums, Inc. Reports Record Third Quarter Net Sales

October 25, 2021 4:05 PM EDT

Increases 2021 Sales Guidance to $810 Million and EPS To $2.35

NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended September 30, 2021, net sales rose to a record $262.7 million, a 64% increase from the third quarter of 2020, and 37% ahead of the third quarter of 2019. At comparable foreign currency exchange rates, consolidated third quarter net sales increased 72% from the third quarter of 2020 and 37% compared to the third quarter of 2019. Of note, the average dollar/euro exchange rate for the current third quarter was 1.18 compared to 1.17 and... More