Inter Parfums Q3 Earnings Beat Estimates, Sales Up on Brand Strength

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 ...