Inter parfums, inc. reports 2024 first quarter results

New york--(business wire)--inter parfums, inc. (nasdaq gs: ipar) today reported results for the first quarter ended march 31, 2024. first quarter 2024 highlights: ($ in millions, except per share amounts) three months ended march 31, 2024 2023 % change net sales $324 $312 4% gross margin 62.5% 65.1% (260 bps) operating income $68 $90 (25%) operating margin 21.0% 29.0% (800 bps) net income attributable to ip $41 $54 (24%) diluted eps $1.27 $1.68 (24%) operational commentary jean madar, chairman.
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