Inter Parfums(IPAR) - 2024 Q4 - Annual Results
Financial Performance - FY2024 net sales reached 362 million, also reflecting a 10% growth compared to Q4 2023[3] - U.S. based net sales grew by 16% in Q4 2024 and 12% for the full year, totaling 5.15 for FY2024, excluding a non-recurring impairment charge[14] Brand Performance - GUESS brand sales increased by 17% in Q4 2024, with annual sales expected to exceed 85 million in net sales in its first year, contributing 8% to consolidated quarterly sales growth[9] - The top six brands accounted for approximately 70% of net sales, with a 5% increase in Q4 2024[5] Future Outlook - Management is optimistic about 2025, citing strong demand for premium products and a robust pipeline of new launches[13]