Inter Parfums (IPAR) Q2 Earnings Top, Sales Up on Robust Demand

Inter Parfums, Inc. (IPAR) posted impressive second-quarter 2024 results, with the bottom line increasing year over year and surpassing the Zacks Consensus Estimate. Quarterly sales increased owing to strength in U.S.- based and Europe-based operations. Sales benefited from continued momentum in the fragrance market, the strength of its legacy brands, the rapid ramp-up of its new brands, effective advertising and promotional efforts and its extensive global distribution network. IPAR's strategic approach to ...