Inter Parfums Inc. reported sales results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net sales of $176.9 million against $189.1 million for the same period a year ago.

For the year, the company reported net sales of $654.1 million against $615.2 million for the same period a year ago.

Based upon sales achieved in 2012 and excluding the effect of the termination of the Burberry license, the company expects to beat its current 2012 guidance of approximately $35.9 million or $1.17 per diluted share in net income attributable to the company.

With strong sales momentum continuing into 2013, plus the addition of Alfred Dunhill fragrances in the spring, the company is increasing its guidance for the year to approximately $480 million in net sales resulting in net income attributable to the company in range of $0.90 to $0.92 per diluted share. As was the case with its previous guidance of net sales of approximately $460 million and $0.86 per diluted share attributable to the company, the new guidance factors in the impact of the transition agreement with Burberry through March 31, 2013, as well as the introduction of new scents for Jimmy Choo, Lanvin, Van Cleef & Arpels, Boucheron, Repetto, Anna Sui and bebe. Guidance assumes the dollar remains at current levels.