Inter Parfums, Inc. Reports Record 2022 Second Quarter Net Sales

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended June 30, 2022, net sales rose to $244.7 million, up 18% from $207.6 million from the second quarter of 2021. At comparable foreign currency exchange rates, consolidated 2022 second quarter net sales increased 24% compared to the second quarter of 2021. Of note, the average dollar/euro exchange rate for the current second quarter was 1.06 compared to 1.20 in the second quarter of 2021 while for the first half of 2022, the average dollar/euro exchange rate was 1.09 compared to 1.20 in the first half of 2021. Inter Parfums plans to issue results for the 2022 second quarter on or about August 9, 2022.

Net Sales:

	Three Months Ended June 30,										Six Months Ended June 30,
	2022			2021			% Change				2022		2021		% Change
	($ in millions)
European based product sales	$166.3				$161.2		3%				$348.5		$320.9		9%
United States based product sales	78.4				46.4		69%				146.9		85.2		72%