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Stock impact report

Inter Parfums, Inc. Reports 2020 First Quarter Sales

Inter Parfums, Inc. (IPAR) 
Last inter parfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported that for the three months ended March 31, 2020, net sales declined 18.7% to $144.8 million from $178.2 million in the first quarter of 2019. At comparable foreign currency exchange rates, consolidated first quarter net sales declined 17.8%. The average dollar/euro exchange rate for the current and prior year’s first quarter was 1.10 and 1.14, respectively. Inter Parfums plans to issue results for the 2020 first quarter on or about May 11, 2020.Net Sales: Three months endedMarch 31,(in millions)20202019% Change  European based product sales$114.1$143.7(20.6)%United States based product sales30.734.5(10.9)% $144.8$178.2(18.7)% Show less Read more
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