By and  on March 12, 2009

Fourth-quarter profits at New York-based Inter Parfums Inc. fell by 40.8 percent as sales for the quarter ended Dec. 31 slumped 15.9 percent, compared with the same period a year ago.

Net earnings dropped to $5.1 million, or 17 cents a diluted share, from $8.6 million, or 28 cents, on sales that were down to $100.4 million from $119.4 million in the year-ago period. Results were below Wall Street analysts’ expectations of 21 cents a share, according to Yahoo Finance.

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