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Interparfums Q4 Sales Up 10% Year Over Year, Key Brands Boost Growth
ZACKS· 2025-01-23 15:06
Interparfums, Inc. (IPAR) announced its sales results for the fourth quarter and full year, which ended Dec. 31, 2024, highlighting strong performance driven by the strength of its brands. Looking ahead, the company remains optimistic about its prospects for 2025.IPAR’s Solid Sales NumbersFor the fourth quarter of 2024, Interparfums achieved a 10% increase in net sales, reaching $362 million, marking its best-ever fourth-quarter performance. On a full-year basis, too, net sales rose 10% to $1.452 billion, i ...
Inter Parfums(IPAR) - 2024 Q4 - Annual Results
2025-01-22 21:56
New York, New York, January 22, 2025, Interparfums, Inc. (NASDAQ GS: IPAR) ("Interparfums" or the "Company") today announced that for the three months and full year ended December 31, 2024, net sales rose 10% to $362 million and 10% to $1.45 billion, from the same periods in 2023, respectively. | Net Sales: ($ in millions) | Three Months Ended | | | Year Ended | | | | --- | --- | --- | --- | --- | --- | --- | | | December 31, | | | December 31, | | | | | 2024 | 2023 | % Change | 2024 | 2023 | % Change | | T ...
Interparfums, Inc. Reports Record 2024 Fourth Quarter and Full Year Net Sales
GlobeNewswire· 2025-01-22 21:45
Achieves FY2024 Net Sales of $1.45 Billion2024 Fourth Quarter& Full Year Conference Call Scheduled for February 26, 2025 NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that for the three months and full year ended December 31, 2024, net sales rose 10% to $362 million and 10% to $1.45 billion, from the same periods in 2023, respectively. Net Sales ($ in millions) Three Months EndedYear EndedDecember 31,December 31, 2024 20 ...
IPAR Stock Rallies 19% in Three Months: What's Next for Investors?
ZACKS· 2025-01-22 15:41
Interparfums, Inc. (IPAR) has seen its shares rally 19.2% in the past three months, outperforming the industry’s growth of 2%. This fragrance and fragrance-related products company has also crushed the broader Zacks Consumer Discretionary sector and the S&P 500’s respective gains of 5.5% and 3.4% in the same time frame.IPAR Price Performance vs. Industry, S&P 500 & SectorImage Source: Zacks Investment ResearchTechnical indicators also support the stock, which is trading above its 50-day and 200-day moving a ...
Interparfums, Inc. To Develop Off-White Brand in Fragrance and Beauty Category
GlobeNewswire News Room· 2024-12-02 21:05
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that its 72% owned French subsidiary, Interparfums SA, has obtained all Off-White brand names and registered trademarks for Class 3 fragrance and cosmetic products, subject to an existing license that expires on December 31, 2025, when Interparfums will begin commercial use of the fragrance brands. The two companies will build a long-term relationship to work in unison on strate ...
Interparfums Expects Too Slow Growth In 2025 (Rating Downgrade)
Seeking Alpha· 2024-11-16 09:13
Interparfums, Inc. (NASDAQ: IPAR ), the fragrance company with a wide range of licenses and owned brands, reported the company’s Q3 results on the 6 th of November, once again showing very solid growth momentum andI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a compan ...
Inter Parfums Unveils 2025 Guidance, Highlighting Growth & Innovation
ZACKS· 2024-11-13 14:00
Inter Parfums, Inc. (IPAR) has announced its initial financial guidance for 2025, expecting net sales of $1.51 billion and earnings per share (EPS) of $5.35, both indicating a 4% increase from 2024 estimates. This outlook implies a cautious approach, factoring in global market dynamics, potential geopolitical tensions and policy changes in the United States. The company’s growth is expected to stem from both its existing portfolio and new product innovations.Image Source: Zacks Investment ResearchIPAR’s Est ...
Inter Parfums(IPAR) - 2024 Q3 - Earnings Call Transcript
2024-11-09 15:55
Interparfums, Inc. (NASDAQ:IPAR) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Karin Daly - VP, Equity Group & IR Representative Jean Madar - Chairman & CEO Michel Atwood - CFO Conference Call Participants Hamed Khorsand - BWS Financial Oliver Chen - TD Cowen Operator Greetings, and welcome to Interparfums Inc.'s 2024 Third Quarter Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the ...
Inter Parfums Q3 Earnings Beat Estimates, Sales Up on Brand Strength
ZACKS· 2024-11-07 21:01
Inter Parfums, Inc. (IPAR) reported impressive third-quarter 2024 results, showcasing strong year-over-year growth in the top and bottom lines. While sales matched the Zacks Consensus Estimate, the company outperformed expectations on earnings. Sales benefited from continued momentum in the fragrance market, the strength of legacy and new brands, effective advertising and promotional efforts and an extensive global distribution network. The quarter’s record-breaking sales were driven by continued demand acr ...
Compared to Estimates, Interparfums (IPAR) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-07 01:36
Interparfums (IPAR) reported $424.63 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 15.4%. EPS of $1.93 for the same period compares to $1.66 a year ago.The reported revenue represents a surprise of -0.08% over the Zacks Consensus Estimate of $424.95 million. With the consensus EPS estimate being $1.83, the EPS surprise was +5.46%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...