Company Overview - Interparfums (IPAR) is a perfume maker with a strong history of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 6% [2][3] - For the most recent quarter, the company reported earnings of $1.93 per share, surpassing the expected $1.83, resulting in a surprise of 5.46% [2] - In the previous quarter, Interparfums reported $1.14 per share against an estimate of $1.07, achieving a surprise of 6.54% [2] Earnings Estimates and Predictions - Estimates for Interparfums have been trending upward, influenced by its history of earnings surprises [3] - The company currently has a positive Zacks Earnings ESP (Expected Surprise Prediction) of +0.25%, indicating increased analyst optimism regarding its near-term earnings potential [6] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5] - A negative Earnings ESP can diminish predictive power but does not necessarily indicate an earnings miss [6]

Core Viewpoint - Interparfums, Inc. (IPAR) reported strong sales results for Q4 and the full year 2024, driven by brand strength and remains optimistic about 2025 prospects [1][11]. Sales Performance - In Q4 2024, Interparfums achieved a 10% increase in net sales, reaching $362 million, marking its best-ever fourth-quarter performance [2]. - For the full year, net sales rose 10% to $1.452 billion, aligning with the company's predictions [2]. - The top six brands, accounting for about 70% of net sales, experienced a 5% increase in Q4 and a 4% rise for the full year [4]. Brand Contributions - GUESS is on track to become the third-largest brand with expected annual sales exceeding $200 million [3]. - Newer brands like Lacoste and Roberto Cavalli contributed significantly, accounting for 8% of quarterly sales growth and 9% of full-year growth [4]. Regional Performance - Europe-based net sales were $214 million in Q4, a 6% increase, and reached $953 million for the full year, up 10% from 2023 [5]. - U.S.-based net sales reached $149 million in Q4, indicating a robust 16% year-over-year increase, and rose 12% to $511 million for the full year [7]. Specific Brand Performance - Jimmy Choo saw an 11% sales increase in Q4 and 7% for the full year [6]. - GUESS fragrances climbed 17% in Q4 and 13% for the full year, driven by demand for legacy scents [8]. - Ferragamo fragrances achieved 13% sales growth in Q4 and remained stable for the year after a 21% increase in 2023 [9]. Growth Strategy and Outlook - Interparfums successfully achieved its sales target of $1.45 billion for 2024 and is positioned to meet its earnings per share target of $5.15 [10]. - Looking ahead to 2025, the company is optimistic due to growing demand for premium products, expanding e-commerce channels, and a strong pipeline of new product launches [11].

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 ...

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 ...

Core Insights - Interparfums, Inc. has acquired all Off-White brand names and registered trademarks for Class 3 fragrance and cosmetic products, with commercial use set to begin after the existing license expires on December 31, 2025 [1] - The partnership aims to establish a long-term relationship focused on strategies, category launches, and market initiatives [1] Company Overview - Interparfums, Inc. has been operating in the global fragrance business since 1982, producing and distributing a wide array of prestige fragrance products under license agreements [4] - The company manages its operations through two segments: European operations via its 72% owned subsidiary Interparfums SA, and U.S. operations through wholly owned subsidiaries [4] Brand Recognition - Off-White, founded by Virgil Abloh in 2012, is recognized for its high-end streetwear influences and artistic approach to youth luxury [2] - The brand is known for its conceptual and artistic dimension, deconstructionist aesthetic, and dedication to social and cultural causes [3] Strategic Importance - The acquisition of Off-White is seen as a significant opportunity for Interparfums, leveraging the brand's unique positioning and Virgil Abloh's creative legacy to explore new openings in the luxury fragrance sector [4]

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 ...

Core Insights - Inter Parfums, Inc. (IPAR) reported strong third-quarter 2024 results, with significant year-over-year growth in both sales and earnings, driven by a robust fragrance market and effective marketing strategies [1][5][14] Sales Performance - Quarterly net sales reached $424.6 million, reflecting a 15% increase year-over-year, with notable contributions from both established and new fragrance brands [5][14] - Sales growth was particularly strong in North America (12%), Western Europe (25%), and Asia/Pacific (15%), while Central and South America saw a 20% increase and Eastern Europe rebounded with a 23% growth [2][5] Brand Contributions - The introduction of new brands like Roberto Cavalli and Lacoste contributed 10% to quarterly sales, with expectations that sales from these brands will exceed $100 million in 2024 [3][14] - European operations saw a 21% sales surge to $282 million, driven by strong performances from Jimmy Choo (17% increase) and Montblanc (10% increase) [6] Operational Efficiency - The company's operating income rose to $106 million, up from $87.2 million in the previous year, with an operating margin expansion of 130 basis points to 25% [11] - Gross profit increased by 15.4% year-over-year to $271.2 million, maintaining a gross margin of 63.9% [9] Financial Position - Inter Parfums ended the quarter with cash and cash equivalents of $78.4 million and long-term debt of $134.6 million, alongside total equity of $985.1 million [12] Future Outlook - Management remains optimistic about the final quarter of 2024 and has reiterated its full-year guidance, anticipating net sales of $1.45 billion and earnings of $5.15 per share, representing a 10% growth in sales and an 8% increase in earnings from 2023 [4][14]

Core Insights - Interparfums reported revenue of $424.63 million for the quarter ended September 2024, marking a year-over-year increase of 15.4% and an EPS of $1.93 compared to $1.66 a year ago, with a slight revenue surprise of -0.08% against the Zacks Consensus Estimate [1] Revenue Performance by Region - North America net sales reached $167.70 million, exceeding the average estimate of $158.02 million [3] - Western Europe net sales were $110.40 million, surpassing the average estimate of $92.98 million [3] - Asia/Pacific net sales totaled $49.40 million, falling short of the average estimate of $58.82 million [3] - United States net sales were $146.10 million, representing an 8.7% increase year-over-year, but below the average estimate of $152.05 million [3] - Central and South America net sales amounted to $29.70 million, below the average estimate of $32.23 million [3] - Eastern Europe net sales reached $36.50 million, exceeding the average estimate of $26.23 million [3] - Total Europe net sales were $282.48 million, reflecting a 21% year-over-year increase and surpassing the average estimate of $264.02 million [3] - Middle East and Africa net sales were $30.90 million, below the average estimate of $36.29 million [3] Stock Performance - Interparfums shares have returned +4.1% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change, with a Zacks Rank 2 (Buy) indicating potential for further outperformance in the near term [4]

Company Performance - Interparfums reported quarterly earnings of $1.93 per share, exceeding the Zacks Consensus Estimate of $1.83 per share, and up from $1.66 per share a year ago, representing an earnings surprise of 5.46% [1] - The company posted revenues of $424.63 million for the quarter ended September 2024, slightly missing the Zacks Consensus Estimate by 0.08%, compared to $367.97 million in the same quarter last year [2] - Over the last four quarters, Interparfums has surpassed consensus EPS estimates two times and topped revenue estimates just once [2] Stock Performance - Interparfums shares have declined approximately 12.2% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.94 on revenues of $368.49 million, and for the current fiscal year, it is $5.17 on revenues of $1.46 billion [7] Industry Outlook - The Consumer Products - Discretionary industry, to which Interparfums belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Interparfums' stock performance [5][6]

Delaware 13-3275609 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) (212) 983-2640 (Registrants telephone number, including area code) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.001 par value per share IPAR The Nasdaq Stock Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act o ...