Inter Parfums, Inc. Reports 2021 First Quarter Results
Net Sales Increase 37% Versus 2020 and 11% Ahead of 2019
EPS up 172% from 2020 and 45% from 2019
Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2021. The average dollar/euro ratio for the current first quarter was 1.20 compared to 1.10 in the first quarter of 2020 and 1.14 in the first quarter of 2019.
($ in millions, except per share data)
2021
2021 v 2020
2020
2019
2021 v 2019
Net Sales
$198.5
37%
$144.8
$178.2
11%
Gross Margin
63.1%
160 bps
61.5%
61.6%
150 bps
Operating Income
$48.0
170%
$17.8
$33.3
44
