Inter Parfums, Inc. Announces 2020 Guidance
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it expects 2020 net sales to approximate $442 million, resulting in net income attributable to Inter Parfums, Inc. per diluted share of $0.46. Guidance assumes that the average dollar|euro exchange rate remains at current levels. Jean Madar, Chairman CEO of Inter Parfums, Inc. noted, “The global COVID-19 pandemic and its economic consequences depressed 2020 second quarter sales by over 70%, resulting in
Inter Parfums, Inc. Announces 2020 Guidance
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it expects 2020 net sales to approximate $442 million, resulting in net income attributable to Inter Parfums, Inc. per diluted share of $0.46. Guidance assumes that the average dollar|euro exchange rate remains at current levels. Jean Madar, Chairman CEO of Inter Parfums, Inc. noted, “The global COVID-19 pandemic and its economic consequences depressed 2020 second quarter sales by over 70%, resulting in