By  on March 13, 2017

Inter Parfums Inc. reported a sharp increase in net income for the fourth quarter.

For the quarter, the company posted a 111.2 percent income gain to $3.9 million, compared with $1.9 million in the prior-year period. Net sales for the quarter were $134.8 million, up 13.9 percent from $118.3 million. Earnings per diluted share were 13 cents, up 116.7 percent from 6 cents in the year-ago period.

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