Inter Parfums, Inc. Reports 2023 Fourth Quarter and Record Full Year Results

NEW YORK–(BUSINESS WIRE)–Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter & Full Year Highlights: ($ in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2023 2022 % Change 2023 2022 % Change Net Sales $329 $311 6% $1,318 $1,087 21% Gross Margin 64.7% 64.4% +30 bps 63.7% 63.9% (20 bps) Operating Income $19 $23 (19%) $251 $194 29% Operating Margin 5.7% 7.5% (17

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