Inter parfums, inc. announces initial 2023 guidance

New york--( business wire )--inter parfums, inc. (nasdaq gs: ipar) today announced that it expects 2023 net sales of $1.11 billion, resulting in earnings per diluted share of $3.70. this represents an 8% increase in net sales and a 9% increase in earnings per diluted share compared to 2022 guidance of $1.025 billion in net sales and $3.40 in earnings per diluted share. guidance assumes that the average dollar/euro exchange rate remains at current levels and there is no significant resurgence of the covid-19 pandemic.
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