Inter Parfums Inc. increased its fourth-quarter profits and gross margin despite a slight dip in sales for the period.
During the three months ended Dec. 31, net income attributable to the company rose 14.5 percent to $6.2 million, or 20 cents a diluted share, 1 cent better than analysts, on average, had expected. In the year-ago period, net income was $5.5 million, or 18 cents.
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