Inter Parfums' Q3 Sales Rise 15% on Strong Brand Performance
Inter Parfums(IPAR) ZACKS·2024-10-22 16:56
Inter Parfums, Inc. (IPAR) continues to benefit from strength in the fragrance market, as reflected in its stellar third-quarter 2024 sales. The results were fueled by ongoing fragrance market momentum, the strong performance of the company’s largest brands, as well as contributions from its latest brands, Lacoste and Roberto Cavalli.For the three months ended Sept. 30, 2024, net sales rose 15% to $425 million from $368 million reported in the year-ago quarter. This growth was driven by the strong performan ...