Inter Parfums, Inc. Reports 26% Increase in 2022 First Quarter Sales

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Apr 26, 2022

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported that for the three months ended March 31, 2022, net sales rose 26% to a first quarter record of $250.7 million from $198.5 million in the same period last year. At comparable foreign currency exchange rates, consolidated first quarter net sales increased 30%. The average dollar/euro exchange rate for the current first quarter was 1.12 compared to 1.20 In the first quarter of 2021. Inter Parfums plans to issue results for the 2022 first quarter on or about May 10, 2022.