Wall Street expects a year-over-year decline in earnings on higher revenues when Interparfums (IPAR) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 5. On the ...

Core Insights - Interparfums, Inc. (IPAR) reported a strong sales performance for Q1 2025, achieving a 5% increase in net sales to $339 million, with a 7% organic growth driven by brand demand and innovations [2][12] - The company reaffirmed its 2025 guidance, projecting net sales of $1.51 billion and earnings per share of $5.35, both reflecting a 4% year-over-year increase [12] Sales Performance - The Europe-based net sales reached $248 million, marking a 7% increase year-over-year, with significant contributions from brands like Jimmy Choo (36% growth), Coach (11% growth), and Lacoste (30% growth) [3][4] - In the U.S., net sales were $94 million, showing a 1% decline year-over-year, although organic sales increased by 3% [7] Brand Contributions - Jimmy Choo's growth was attributed to strong demand for its I Want Choo and Jimmy Choo Man lines [4] - Coach benefited from the successful launch of Coach Man Extreme and sustained demand for its core products [4] - Lacoste continued to perform well in its second year under Interparfums' management [4] - Donna Karan/DKNY fragrances saw a 5% sales increase, while MCM grew by 17% due to the Park Collection rollout [8] Market Challenges and Strategies - The company is navigating global market complexities, including new tariffs, and is making strategic supply chain adjustments [10] - Interparfums plans to implement selective price increases across certain fragrance lines starting August 2025 to address rising costs [11]

Reaffirms FY2025 Guidance2025 First Quarter Conference Call Scheduled for May 6, 2025 NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that for the three months ended March 31, 2025, net sales rose to $339 million, up 5% from $324 million in the first quarter of 2024. Net Sales ($ in millions)Three Months EndedMarch 31, 20252024% ChangeTotal Interparfums, Inc.$339< ...

It has been about a month since the last earnings report for Interparfums (IPAR) . Shares have lost about 17.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Interparfums due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then? ...

Inter Parfums, Inc. (IPAR) is flourishing in the fragrance industry, driven by robust brand momentum and a growing market share. As a leading provider of fragrances and related products, it is making remarkable progress through successful brand expansions and innovative product launches. Management is also focused on pursuing growth through new licensing agreements and strategic acquisitions. However, it's crucial to recognize that the company faces challenges due to a rising cost environment.Let’s delve de ...

Acquisition of Maison Goutal - Interparfums, Inc. has announced the acquisition of Maison Goutal, taking over worldwide intellectual property rights from Amorepacific Europe, with full control expected by 2026 [1] - The acquisition allows Interparfums to expand its presence in the high-end fragrance sector, leveraging Goutal's established brand reputation and loyal customer base [2][3] Brand Heritage and Market Position - Maison Goutal, founded in 1981, is known for exclusivity and high-quality craftsmanship, with iconic fragrances like L'Eau d'Hadrien and Petite Chérie [2] - Historically, Goutal's annual fragrance sales range between $10 million and $12 million, and Interparfums aims to enhance this through its global distribution network [3] Strategic Growth Initiatives - Interparfums has extended its exclusive worldwide license agreement with Coach for fragrances through June 2031, following significant sales growth from less than €10 million in 2015 to nearly €190 million in 2024 [4] - The company plans to launch two new Coach fragrances in 2025, reinforcing its position in the mainstream luxury fragrance market [5] Future Product Launches and Marketing Strategies - Interparfums is set to introduce major fragrance launches for brands like Ferragamo, Rochas, and Roberto Cavalli, aiming to solidify its luxury segment presence [10] - The company is intensifying digital marketing efforts, focusing on user-generated content and influencer collaborations to enhance brand engagement [11] Operational Efficiency and Brand Portfolio Management - Interparfums is streamlining operations by shifting to third-party logistics to improve efficiency and supply-chain management [12] - The company is refining its brand portfolio to adapt to changing consumer preferences and maintain competitiveness in the market [13]

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that its subsidiary, Interparfums SA, has acquired all worldwide intellectual property rights relating to Maison Goutal held by Amorepacific Europe. Amorepacific Europe will continue to operate the Goutal Brand under a license agreement for a set duration. Interparfums SA will develop the brand from 2026 onwards, together with its licensee. Created by Annick Goutal in 1981, the ...

NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) announced that its 72% owned subsidiary, Interparfums SA, issued the following news release today. COACH AND INTERPARFUMS EXTEND THEIR PARTNERSHIP IN THE UNIVERSE OF FRAGRANCES UNTIL JUNE 2031 In 2015, Coach and Interparfums signed an exclusive worldwide license agreement for the creation, the manufacturing and the distribution of fragrances under the Coach brand until June 30, 2026. Thanks primarily to the successful launches ...

Sales Performance - European based product sales reached $953.0 million in 2024, a 10% increase from $863.4 million in 2023[272] - United States based product sales grew to $511.3 million in 2024, reflecting a 12% increase from $455.8 million in 2023[272] - Total net sales for 2024 amounted to $1,452.3 million, a 10% increase compared to $1,317.7 million in 2023[272] - The addition of Lacoste brand contributed $85 million in net sales in its first year, exceeding expectations[273] - Jimmy Choo brand sales increased by 7% in 2024, driven by the success of the I Want Choo franchise[273] - GUESS brand sales rose by 13% in 2024, supported by the success of new product launches[274] - North America achieved sales growth of 6% in 2024, with net sales of $541.9 million compared to $511.7 million in 2023[278] - Western Europe saw a significant sales increase of 21% in 2024, reaching $364.3 million, up from $301.2 million in 2023[278] Financial Metrics - The overall gross margin percentage for the company was 63.9% in 2024, slightly up from 63.7% in 2023[280] - Selling, general and administrative expenses as a percentage of net sales were 44.7% in 2024, remaining flat compared to 44.6% in 2023[285] - Promotion and advertising expenses totaled $280.5 million in 2024, representing 19.3% of net sales[288] - Royalty expenses increased to $117.8 million in 2024, accounting for 8.1% of net sales[289] - The company's operating margins were 18.9% in 2024, down from 19.1% in 2023[291] - The consolidated effective tax rate was 24.2% in 2024, a decrease from 24.8% in 2023[296] Income and Cash Flow - Net income attributable to Interparfums, Inc. was $164.4 million in 2024, up from $152.7 million in 2023 and $120.9 million in 2022, reflecting a growth of 7.8% year-over-year[299] - Net income attributable to European based operations was $140.1 million in 2024, an increase of 12.1% from $124.0 million in 2023, while net income from United States operations rose to $68.9 million, up 8.3% from $63.8 million in 2023[300] - Cash provided by operating activities totaled $187.6 million in 2024, significantly higher than $105.8 million in 2023 and $73.0 million in 2022[308] - As of December 31, 2024, the company had $234.7 million in cash and cash equivalents, indicating a strong liquidity position[302] Debt and Financing - Long-term debt, including current maturities, was $157.3 million as of December 31, 2024[293] - The company entered into a $41.6 million loan agreement in July 2024 to improve its short-term cash position[293] - The company entered into a $41.6 million loan agreement in July 2024, and an additional $51.9 million loan agreement was established to finance the acquisition of the Lacoste trademark[313] Inventory and Operations - Working capital was $582 million as of December 31, 2024, with approximately 76% of total assets held by European based operations[303] - Inventory levels increased by 5% in 2024 to support sales growth, with finished goods comprising 63% of total inventory as of December 31, 2024[308] - The diversified brand portfolio and agile operating model are expected to help the company gain market share despite normalizing growth rates[275] Future Plans - The company plans to expand e-commerce channels and has a strong pipeline of new product launches for 2025[275] - New product launches planned for 2025 include GUESS Iconic, Ferragamo Fiamma, and a proprietary brand Solférino with 10 niche fragrances[275] - The company aims to potentially acquire new brands or licenses to enhance its portfolio, although no agreements are currently certain[276] Dividends and Acquisitions - The annual dividend was increased to $3.00 per share in February 2024, with a further increase to $3.20 per share planned for February 2025[315] - The company acquired the Off-White brand names and registered trademarks for $16 million in December 2024, with an additional $2 million payable over two years[311] Currency Management - The company has foreign currency contracts totaling approximately $100 million with maturities of less than one year to manage foreign exchange risks[321]

Financial Data and Key Metrics Changes - In 2024, consolidated net sales grew by 10% to $1.452 billion, with adjusted earnings before impairment at $5.18 per diluted share, exceeding guidance of $5.15 [6][42] - Gross margin was 64.5% for Q4 and 63.9% for the full year, consistent with prior periods [42] - Operating income before impairment increased by 11% to $279 million, with an operating margin of 19.2% [44][45] - The effective tax rate improved to 24.2%, down from 24.8% in 2023 [45] Business Line Data and Key Metrics Changes - European-based operations saw a 10% sales increase for the year, with a 6% increase in Q4 [46] - US-based operations achieved a 12% sales increase for the year, with a 16% increase in Q4 [51] - Jimmy Choo sales increased by 7%, Guess by 13%, and Donna Karan generated over $100 million in sales [9][10][50] Market Data and Key Metrics Changes - North America sales grew by 6%, Western Europe by 21%, and Asia Pacific by 3% in 2024 compared to 2023 [19] - Travel retail sales increased by 20% from 2023 [19] - Direct sales to retailers, including travel retail, represented approximately 49% of net sales, up from 47% the previous year [20] Company Strategy and Development Direction - The company plans to introduce bold new fragrances in 2025, focusing on blockbusters and high-quality scents [26][29] - A new proprietary brand, Solferino, will launch with ten niche fragrances in an ultra-selective distribution channel [29] - The company aims to streamline its supply chain and transition to third-party logistics to enhance efficiency [31] Management's Comments on Operating Environment and Future Outlook - The fragrance market is expected to continue its positive trajectory, albeit at a slower pace, with potential headwinds from tariffs and currency fluctuations [32][35] - Management remains confident in achieving record sales and earnings in 2025, maintaining guidance of $1.51 billion in net sales and EPS of $5.35 [58] - The company anticipates a more competitive landscape, with many competitors experiencing eroding margins [68][70] Other Important Information - The company has discontinued the Dunhill brand and will phase out the Boucheron license by the end of 2025 [30][112] - Significant investments in advertising and promotion totaled $281 million, with a focus on brand awareness and growth [43][81] Q&A Session Summary Question: Can you discuss the destocking in the industry? - Management noted that destocking effects were moderate in Q4, with the gap between sell-in and sell-out reduced [62][64] Question: How is competition changing, and will market share be gained in 2025? - Management observed that competitors are experiencing eroding margins, but they believe their innovation will help gain market share [66][70] Question: When will the Ferragamo blockbuster launch? - The Ferragamo fragrance is expected to launch in Q2, with significant selling in the US, Italy, and Mexico [72][73] Question: What are the trends in specific markets? - The US market showed strong growth in Q1 and Q3, but moderated in Q4, with expectations of mid-single-digit growth moving forward [78][80] Question: How will top brands perform in 2025? - Significant growth is expected from brands like Guess, Ferragamo, and Lacoste, while larger brands may see more moderate growth [110][112]