Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it is once again raising its 2021 guidance. The Company now looks for net sales to come in at a record $840 million, resulting in net income of $2.45 per diluted share. Previous guidance called for net sales of $810 million resulting in net income of $2.35 per diluted share. Inter Parfums attributed this increase, its fourth since it announced initial guidance on December 1, 2020, to its European operations, where despite continuing supply chain disruptions, the pace of deliveries has remained high in recent weeks, driven by sustained customer demand. Jean Madar, Chairman and CEO of Inter Parfums, Inc. commented, “While our growth ha(…) Read More »