Articles from Inter Parfums, Inc.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2024.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that for the three months ended March 31, 2024, net sales rose to $324 million, up 4% from $312 million, in the first quarter of 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the three months ended March 31, 2024, on Tuesday, May 7, 2024, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, May 8, 2024.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and full year ended December 31, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the three months and full year ended December 31, 2023, on Tuesday, February 27, 2024, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, February 28, 2024.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15. This represents a 12% increase in net sales and an 8% increase in earnings per diluted share compared to 2023 guidance of $1.3 billion in net sales and $4.75 in earnings per diluted share. Guidance for 2023 and 2024 assumes that the average dollar/euro exchange rate remains at current levels.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today reported its financial results for the three months and nine months ended September 30, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the three months ended September 30, 2023, on Tuesday, November 7, 2023, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, November 8, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that for three months ended September 30, 2023, net sales rose to $368 million, up 31% from $280 million, in the third quarter of 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced the election of Gerard Kappauf (“Kappauf”), to its board of directors, effective September 14, 2023. The Company also announced the retirement of two directors, Michel Dyens and Patrick Choël, reducing the size of the board to nine members, of which five are independent.

The first sentence of the "Full-Year 2023 Guidance" section should read: Mr. Atwood continued, “As we reported in our second quarter 2023 net sales release on July 24th, we continue to look for full-year 2023 net sales to approximate $1.3 billion (instead of $1.3 million), or growth of 20% from full-year 2022. 

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, August 9, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that for the three months ended June 30, 2023, net sales rose to $309 million, up 26% from $245 million, in the second quarter of 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has entered into an exclusive worldwide fragrance license for the Roberto Cavalli brand, effective July 6, 2023. Based in Florence, Interparfums Italia, the Company’s wholly owned subsidiary, will manage the Cavalli fragrance business, in keeping with the Company’s strategy to develop an Italian brand hub.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for the first quarter ended March 31, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the first quarter ended March 31, 2023 on Monday, May 8, 2023, after the close of the stock market. Management will host a conference call to discuss financial results and business operations developments beginning at 11:00 am ET on Tuesday, May 9, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended March 31, 2023, net sales rose to a record $312 million, a 24% increase from $251 million in the first quarter of 2022. At comparable foreign currency exchange rates, consolidated first quarter net sales increased 27% from the first quarter of 2022. Of note, the average dollar/euro exchange rates for the 2023 and 2022 first quarters were 1.07 and 1.12, respectively, leading to a negative 2.4% foreign exchange impact. The Company plans to announce first quarter results on Monday, May 8, 2023.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and full year ended December 31, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the fourth quarter ended December 31, 2022 on Tuesday, February 28, 2023 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Chief Executive Officer and Chairman of the Board Jean Madar will be joined by co-founder, President and Chief Executive Officer of Interparfums SA, Philippe Benacin, members of the Board of Directors and staff to ring the closing bell of the NASDAQ Stock Market today, to commemorate their 35th anniversary of listing on the Nasdaq exchange, following its initial public offering in February 1988.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended December 31, 2022, net sales rose to a record $311 million, a 47% increase from $211 million in the fourth quarter of 2021. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 57% from the fourth quarter of 2021. Of note, the average dollar/euro exchange rates for the 2022 and 2021 fourth quarters were 1.02 and 1.14, respectively, leading to a negative 10% foreign exchange impact.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it is raising its guidance for year ended December 31, 2022, in light of better-than-expected fourth quarter sales.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its majority owned Paris-based subsidiary, Interparfums SA and Lacoste, the iconic fashion sport brand, have signed a worldwide exclusive 15-year fragrance license agreement effective January 1, 2024.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it expects 2023 net sales of $1.11 billion, resulting in earnings per diluted share of $3.70. This represents an 8% increase in net sales and a 9% increase in earnings per diluted share compared to 2022 guidance of $1.025 billion in net sales and $3.40 in earnings per diluted share. Guidance assumes that the average dollar/euro exchange rate remains at current levels and there is no significant resurgence of the COVID-19 pandemic.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for the third quarter ended September 30, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended September 30, 2022, net sales rose to a record $280 million, a 7% increase from $263 million in the third quarter of 2021, for a year-to-date sales increase of 16%. At comparable foreign currency exchange rates, third quarter net sales increased 12%. The average dollar/euro exchange rate for the current third quarter was 1.01 compared to 1.18 in the third quarter of 2021 leading to a negative 5% foreign exchange impact.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for the second quarter and six months ended June 30, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the second quarter ended June 30, 2022 on Tuesday, August 9, 2022 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended June 30, 2022, net sales rose to $244.7 million, up 18% from $207.6 million from the second quarter of 2021. At comparable foreign currency exchange rates, consolidated 2022 second quarter net sales increased 24% compared to the second quarter of 2021. Of note, the average dollar/euro exchange rate for the current second quarter was 1.06 compared to 1.20 in the second quarter of 2021 while for the first half of 2022, the average dollar/euro exchange rate was 1.09 compared to 1.20 in the first half of 2021. Inter Parfums plans to issue results for the 2022 second quarter on or about August 9, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has closed its agreement with G-III Apparel Group, Ltd, to become the exclusive worldwide licensee for the Donna Karan and DKNY fragrance brands as of July 1, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Russell Greenberg, Executive Vice President and Chief Financial Officer, will retire on September 6, 2022, and will be succeeded by Michel Atwood, a seasoned fragrance and finance executive, as Chief Financial Officer. Mr. Greenberg will stay with the company full time until September 30, 2022 to assist with the transition.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for the first quarter ended March 31, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the first quarter ended March 31, 2022 on Tuesday, May 10, 2022 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported that for the three months ended March 31, 2022, net sales rose 26% to a first quarter record of $250.7 million from $198.5 million in the same period last year. At comparable foreign currency exchange rates, consolidated first quarter net sales increased 30%. The average dollar/euro exchange rate for the current first quarter was 1.12 compared to 1.20 In the first quarter of 2021. Inter Parfums plans to issue results for the 2022 first quarter on or about May 10, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its Dunhill fragrance license will expire on September 30, 2023 and will not be renewed.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the fourth quarter ended December 31, 2021 on Tuesday, March 1, 2022 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended December 31, 2021, net sales rose to a record $210.8 million, a 15% increase from the fourth quarter of 2020, and 19% ahead of the fourth quarter of 2019. At comparable foreign currency exchange rates, consolidated fourth quarter net sales increased 15% from the fourth quarter of 2020 and 14% compared to the fourth quarter of 2019. Of note, the average dollar/euro exchange rates for the 2021, 2020 and 2019 fourth quarters were 1.14, 1.19 and 1.11, respectively. For the 2021 full year, net sales rose to $879.6 million, up 63% and 23% compared to $539.0 million in 2020 and $713.5 million in 2019. Inter Parfums plans to issue results for the 2021 fourth quarter and full year on or about, Monday, March 1, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that through its newly created subsidiary Interparfums Italia, it has entered into a 10-year exclusive global licensing agreement with Emanuel Ungaro for the creation, development and distribution of fragrances and fragrance-related products, under the Emanuel Ungaro brand. The International Class 3 agreement, which includes a five-year renewal option, also encompasses home fragrance, skin care, cosmetics and travel amenities, and goes into effect on January 1, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it is once again raising its 2021 guidance. The Company now looks for net sales to come in at a record $840 million, resulting in net income of $2.45 per diluted share. Previous guidance called for net sales of $810 million resulting in net income of $2.35 per diluted share.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it expects 2022 net sales to be in the range of $925 and $950 million, resulting in net income per diluted share of between $2.80 and $2.85. Based upon the midrange of 2022 guidance, this represents a 16% increase in net sales and a 20% increase in diluted earnings per share compared to 2021 guidance of $810 million in net sales and $2.35 in net income per diluted share. Guidance assumes that the average dollar/euro average exchange rate remains at current levels and there is no significant resurgence of the COVID-19 pandemic.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the third quarter ended September 30, 2021.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the third quarter ended September 30, 2021 on Monday, November 8, 2021 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended September 30, 2021, net sales rose to a record $262.7 million, a 64% increase from the third quarter of 2020, and 37% ahead of the third quarter of 2019. At comparable foreign currency exchange rates, consolidated third quarter net sales increased 72% from the third quarter of 2020 and 37% compared to the third quarter of 2019. Of note, the average dollar/euro exchange rate for the current third quarter was 1.18 compared to 1.17 and 1.11 in the third quarter of 2020 and 2019, respectively. For the first nine months of 2021, the average dollar/euro exchange rate was 1.19 and 1.13 and 1.12 for the same periods in 2020 and 2019, respectively. Inter Parfums plans to issue results for the 2021 third quarter result on or about November 8, 2021.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its agreement with Salvatore Ferragamo S.p.A. (MTA: SFER), the parent company of the Salvatore Ferragamo Group, has been finalized under which Inter Parfums, Inc. has been named exclusive worldwide licensee for the production and distribution of Ferragamo brand perfumes. The 10-year license, plus the 5-year optional term, is subject to certain conditions. As per the transaction agreement signed in July of this year, Inter Parfums is operating the Ferragamo fragrance business through a wholly-owned Italian company, based in Florence, with management and coordination of activities related to the license agreement, along with production, conducted in Italy.

G-III Apparel Group, Ltd. (NASDAQ GS: GIII) and Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that they have entered into a long-term global licensing agreement for the creation, development and distribution of fragrances and fragrance-related products under the iconic Donna Karan and DKNY brands. Inter Parfums, Inc. will take on the exclusive license, effective July 1, 2022.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the second quarter ended June 30, 2021. The average dollar/euro exchange rate for the current second quarter was 1.20 compared to 1.10 and 1.12 in the second quarter of 2020 and 2019, respectively.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the second quarter ended June 30, 2021 on Monday, August 9, 2021 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended June 30, 2021, net sales rose to $207.6 million, a significant increase in relation to the second quarter of 2020, but more importantly up 24.9% from the second quarter of 2019. At comparable foreign currency exchange rates, consolidated second quarter net sales increased 22.7% compared to the second quarter of 2019. Of note, the average dollar/euro exchange rate for the current second quarter is 1.20 compared to 1.10 and 1.12 in the second quarter of 2020 and 2019, respectively. Inter Parfums plans to issue results for the 2021 second quarter on or about August 9, 2021.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Salvatore Ferragamo S.p.A. (MTA: SFER), the parent company of the Salvatore Ferragamo Group, one of the world's leading players in the luxury sector, and Inter Parfums, Inc., a manufacturer and distributor of prestige perfumes, have signed a transaction agreement whereby an exclusive and worldwide license will be granted for the production and distribution of Ferragamo brand perfumes. The license will be effective from October 2021 and will last for 10 years with a 5-year optional term, subject to certain conditions.

Inter Parfums, Inc. (NASDAQ GS: IPAR) announced today that it is engaged in ongoing exclusive negotiations with Salvatore Ferragamo S.p.A. to become the worldwide and exclusive licensee for the Ferragamo perfume brand.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2021. The average dollar/euro ratio for the current first quarter was 1.20 compared to 1.10 in the first quarter of 2020 and 1.14 in the first quarter of 2019.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the first quarter ended March 31, 2021 on Monday, May 10, 2021 after the close of the stock market.

Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported that for the three months ended March 31, 2021, net sales rose 37.1% to $198.5 million from $144.8 million in the first quarter of 2020. At comparable foreign currency exchange rates, consolidated first quarter net sales increased 32.7%. The average dollar/euro exchange rate for the current first quarter was 1.20 compared to 1.10 in the first quarter of 2020. Inter Parfums plans to issue results for the 2021 first quarter on or about May 10, 2021.