Breaking News

InterParfum Reports Third Quarter Results

December 2, 2005

Inter Parfums, Inc. reported third quarter net sales increased 12% to $75.4 million. Gross margin rose to 56% of net sales, as compared to last year’s 50%. Net income fell to $3.8 million from $4.0 million a year ago.
Net sales through September 30, 2005 increased 21% to $207.9 million. Net income fell to $11.4 million from $12.2 million.
In an unrelated move, Inter Parfums announced that one of its stockholders, LV Capital USA, Inc., has entered into an agreement to sell 3,436,050 shares of its common stock at $15.50 per share. In addition, Jean Madar, Inter Parfums’chairman and CEO, and Philippe Benacin Inter Parfums’ vice chairman and president, have granted to the underwriters a 30-day option to purchase up to an additional 515,408 shares of Inter Parfums common stock to cover over-allotments, if any.
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.

  • How Green Is Your Surfactant?

    How Green Is Your Surfactant?

    Tom Branna, Editorial Director ||September 1, 2016
    Suppliers offer a range of solutions to help household and personal care product formulators develop formulas