Inter parfums, inc. reports record 2022 fourth quarter and full year net sales

New york--( business wire )--inter parfums, inc. (nasdaq gs: ipar) today announced that for the three months ended december 31, 2022, net sales rose to a record $311 million, a 47% increase from $211 million in the fourth quarter of 2021. at comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 57% from the fourth quarter of 2021. of note, the average dollar/euro exchange rates for the 2022 and 2021 fourth quarters were 1.02 and 1.14, respectively, leading to a negative 10% foreign exchange impact.
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