Inter Parfums 3Q sales rise 14%, backs full-year view |
|
|
|
Published
:
Tue, 23 Oct 2007 22:10
|
NEW YORK (Thomson Financial) - Inter Parfums Inc. reported Tuesday third-quarter sales rose 14% to $102.3 million, compared with the mean estimate of analysts surveyed by Thomson Financial of $105 million.The New York-based company said sales by its European based operations rose nearly 16% to $88.2 million, boosted by the launches of the Roxy and Paul Smith Rose fragrances and the increasing contribution of Van Cleef & Arpels fragrances. U.S. sales rose 4% to $14.2 million.The company reaffirmed its full-year 2007 earnings outlook of $21.5 million, or $1.04 a share. It sees sales of about $378 million. The outlook assumes the dollar remains at current levels.Analysts are currently forecasting earnings of $1.06 a share on revenue of $378.3 million for the year, on average.Wanfeng Zhouwz/tk1COPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|
Print this Story
EDF in talks to buy minority stake in Russia's Inter RAO UES - report UPDATE 