Inter Parfums
This article was originally published in The Rose Sheet
Executive Summary
Due to a reassignment of certain items from the third fiscal quarter to the fourth quarter, net sales in Q3 are revised to approximately $75.5 mil., a decrease from the previously released $77.2 mil. figure, fragrance manufacturer and distributor announces Oct. 31. "The revision to net sales was a result of timing only," company notes. For the nine-month period, sales were approximately $207.9 mil., not $210 mil. as previously stated, according to the company. Sales numbers were originally released Oct. 17 (1"The Rose Sheet" Oct. 24, 2005, In Brief). Firm reaffirms 2005 sales guidance of approximately $274 mil. and net income of $14.6 mil...