|Bid||0.00 x 800|
|Ask||97.11 x 800|
|Day's Range||95.81 - 99.06|
|52 Week Range||61.60 - 108.35|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||29.71|
|Earnings Date||Feb 28, 2022 - Mar 04, 2022|
|Forward Dividend & Yield||1.00 (1.03%)|
|Ex-Dividend Date||Dec 14, 2021|
|1y Target Est||113.75|
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Inter Parfums' (IPAR) sales increase year over year in fourth-quarter 2021. Management raises 2022 sales and earnings guidance.
NEW YORK, January 24, 2022--Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended December 31, 2021, net sales rose to a record $210.8 million, a 15% increase from the fourth quarter of 2020, and 19% ahead of the fourth quarter of 2019. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 15% from the fourth quarter of 2020 and 14% compared to the fourth quarter of 2019. Of note, the average dollar/euro exchange rates for
Inter Parfums (IPAR) is benefiting from its focus on business expansion through new licenses. The company is also on track with effective product launches.