Inter parfums reports 2020 first quarter sales

Inter parfums, inc. reports 2020 first quarter sales.q1 sales $144.8 million versus refinitiv ibes estimate of $157.8 million."sales growth by two of our largest brands, coach and guess, helped offset the decline in most other brand sales".have postponed the launch of several programs originally scheduled for this year until 2021.entered 2020 with $253 million in cash, cash equivalents and short-term investments.board of directors has authorized a temporary suspension of our quarterly cash dividend.not prepared to issue 2020 full year guidance at this time.
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