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TheStreet Open House

Inter Parfums, Inc. Reports Third Quarter Sales

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the third quarter of 2012 were approximately $166.3 million, a 3% decline from $171.7 million in the third quarter of 2011. At comparable foreign currency exchange rates, third quarter net sales were up approximately 2%. For the three months ended September 30, 2012 the average dollar/euro exchange rate was 1.25 as compared to 1.41 for the corresponding period of the prior year. Inter Parfums plans to issue its results for the third quarter of 2012 on or about November 7, 2012.

  Three Months Ended

September 30,

    Nine Months Ended

September 30,

2012   2011   % Change 2012   2011   % Change
($ in millions)
 
European-based product sales $148.6 $154.7 (4)% $419.4 $382.8 10%
United States-based product sales 17.7 17.0 4 % 57.8 43.3 33%
$166.3 $171.7 (3)% $477.2 $426.1 12%

** Percentage changes of sales by brand and regions noted below refer to local currency

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