Inter Parfums Posts Gains in Sales, Income
9 monthes ago - By WWD
Driven by global growth and new launches, Inter Parfums Inc. posted increased net sales and income for 2017.
For the full year, the business posted net sales of $591.3 million, up 13.4 percent from $521.1 million for 2016. Net income was $55.3 million, up 28 percent from $43.2 million the prior year. Diluted earnings per share was $1.33, compared to $1.07 for 2016.
For the fourth quarter, Inter Parfums posted $149.5 million in net sales, up nearly 11 percent from $134.7 million in the prior-year period. Net income was $5.8 million, up from $4.6 million in the prior-year period. Diluted...
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