Jul 23, 2008
Story Timeline: 80 days
Second Quarter Results to be Announced On August 11th With Conference Call On August 12th NEW YORK, July 23, 2008 (PRIME NEWSWIRE) -- Inter Parfums, Inc. (Nasdaq:IPAR) today announced that net sales for the second quarter of 2008 were approximately $99.1 million, or 20% ahead of 2007's $82.8 million. At comparable foreign currency exchange rates, net sales for the second quarter were up 12%. Thus for the first half of 2008, net sales were $222.2 million, up 32% from $167.9 million; at comparable foreign exchange rates, net sales for the first half of 2008 were 24% ahead of last year. Jean Madar, Chairman and CEO of Inter Parfums, noted, "European operations achieved sales of $83.9 million, up 19% from $70.4 million in the same period last year. Burberry brand sales were especially strong due to the continued rollout of the...
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