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November 22, 2005
By: TOM BRANNA
Inter Parfums, Inc., reported results for the third quarter and nine months ended Sept. 30, 2004. For the third quarter, net sales rose 17% to $67.1 million. Gross margin grew 50%, as compared to 48% in the year-ago period. Income from operations decreased 5% to $8 million, and net income declined 14% to $4 million. Sales for the nine months ended Sept. 30, 2004 were $172.2 million, a 26% increase over the comparable year-ago period. Net income through Sept. 30, 2004 was $12.2 million, compared to $10.1 million in the same period one year earlier.
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