Inter Parfums (IPAR) Announces Initial 2023 Guidance

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Go back to Inter Parfums (IPAR) Announces Initial 2023 Guidance

Inter Parfums, Inc. Announces Initial 2023 Guidance

November 21, 2022 4:16 PM EST

Net Sales of $1.11 Billion and Earnings Per Diluted Share Of $3.70

NEW YORK--(BUSINESS WIRE)-- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it expects 2023 net sales of $1.11 billion, resulting in earnings per diluted share of $3.70. This represents an 8% increase in net sales and a 9% increase in earnings per diluted share compared to 2022 guidance of $1.025 billion in net sales and $3.40 in earnings per diluted share. Guidance assumes that the average dollar/euro exchange rate remains at current levels and there is no significant resurgence of the COVID-19... More