IPAR - Inter Parfums GAAP EPS of $1.10 beats by $0.22 revenue of $250.68M beats by $10.64M

Inter Parfums press release (NASDAQ:IPAR): Q1 GAAP EPS of $1.10 beats by $0.22. Revenue of $250.68M (+26.3% Y/Y) beats by $10.64M. Comparable quarter sales in both Western Europe and Asia/Pacific, our second and third largest markets, increased 41%; sales in the Middle East increased 27% and in Central and South America sales rose 38%. "For now, we continue to look for 2022 net sales to approximate a record $975M resulting in earnings per diluted share of $3.00. We had our best ever April sales and this trend is continuing into May. We will be in a better position to revisit the subject of guidance once the lockdowns in China are lifted," EVP & CFO Russell Greenberg commented.

For further details see:

Inter Parfums GAAP EPS of $1.10 beats by $0.22, revenue of $250.68M beats by $10.64M