Buy Inter Parfums (IPAR) on Weakness, BWS Financial Says
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Inter Parfums, Inc. Reports 2015 Second Quarter Results
August 7, 2015 4:05 PM UTCNEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the second quarter ended June 30, 2015.
Second Quarter 2015 Compared to Second Quarter 2014:
Net sales were $102.0 million compared to $118.2 million; at comparable foreign currency exchange rates, net sales decreased 5.2%; European-based operations generated net sales of $77.1 million compared to $94.7 million; Sales by U.S.-based operations rose 5.7% to $24.9 million from $23.5 million; Gross margin was 59.1% of net sales compared to 57.6%; S,G&A expense as... More