Inter Parfums, Inc. reported consolidated sales results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net sales were $177.2 million, up 18.5% from the final quarter of 2017. Consolidated fourth quarter net sales increased 21.2%.

For the full year, net sales rose 14.3% to $675.6 million from $591.3 million in 2017. At comparable foreign currency exchange rates, consolidated 2018 net sales increased 12.8%.

The company raised 2018 guidance range for net income per diluted share attributable to Inter Parfums, Inc. to $1.68 to $1.70, from previous guidance of $1.61.

With regard to 2019, the company continues to expect net sales of approximately $705 million, resulting in net income attributable to Inter Parfums, Inc. of approximately $1.81 per diluted share.