Welcome to our dedicated page for Interparfums news (Ticker: IPAR), a resource for investors and traders seeking the latest updates and insights on Interparfums stock.
Interparfums, Inc. (NASDAQ: IPAR) is a global prestige fragrance company that regularly issues detailed updates on its business performance, brand portfolio, and licensing activity. Operating in the fragrance manufacturing sector since 1982, the company reports on developments across its European based operations, managed through Interparfums SA, and its United States based operations, managed through wholly owned subsidiaries in the United States and Italy.
News about Interparfums, Inc. often covers quarterly and annual financial results, including net sales, operating income, margins, and regional performance across North America, Western Europe, Asia/Pacific, Central and South America, Eastern Europe, the Middle East, and Africa. Management commentary typically explains how factors such as retailer inventory decisions, macroeconomic conditions, tariffs, and foreign exchange movements affect reported results.
Investors following IPAR news can also expect frequent updates on the company’s brand portfolio and licensing agreements. Releases highlight performance and innovation pipelines for prestige brands such as Jimmy Choo, Coach, Lacoste, Montblanc, GUESS, Donna Karan/DKNY, MCM, Roberto Cavalli, and others. The company also announces new license agreements, such as the exclusive fragrance license for Longchamp, and notes changes in its portfolio, including the phase-out or expiration of certain licenses and the planned addition of brands like Off-White and Goutal.
Corporate governance and shareholder-related announcements are another recurring theme. Interparfums, Inc. uses press releases to communicate board elections, changes in board composition, proxy matters, and dividend declarations. Recognition such as being named “Beauty Company of the Year, Public” by Women’s Wear Daily is also disclosed through its news flow. For investors, analysts, and followers of the prestige fragrance sector, the IPAR news page offers an ongoing view into financial trends, brand-level developments, licensing moves, and corporate actions.
Inter Parfums, Inc. (NASDAQ GS: IPAR) reported a strong performance for the fourth quarter and full year ended December 31, 2022. Net sales for Q4 increased by 47% to $311 million, while full-year sales rose 24% to $1.087 billion. The gross margin improved, reaching 64.4% in Q4. The company raised its 2023 guidance, estimating net sales at approximately $1.2 billion and diluted EPS at $4.00, up 6% from 2022. A 25% increase in the cash dividend to $2.50 per share was also announced. This reflects confidence in future growth and investment opportunities. The company's strong performance was bolstered by sales growth across all regions, particularly in North America and Europe.
Inter Parfums, Inc. (NASDAQ: IPAR) will release its financial results for Q4 2022 on February 28, 2023, after market close. A conference call is scheduled for March 1, 2023, at 11:00 AM ET, allowing stakeholders to discuss results and business developments. Interested participants can join via phone or listen to the live webcast on the company's website. Founded in 1982, Inter Parfums develops, manufactures, and distributes prestige perfumes and cosmetics globally, with a robust portfolio of licensed brands.
Inter Parfums, Inc. (NASDAQ: IPAR) celebrated its 35th anniversary of listing on the Nasdaq with a bell-ringing ceremony led by CEO Jean Madar and co-founder Philippe Benacin. The event acknowledges the company's successful history, especially a record-setting 2022. Madar expressed gratitude to the team, distributors, and licensors for their contributions. He emphasized the company’s resilience amid unpredictable challenges and highlighted ongoing strategic initiatives aimed at sustaining long-term shareholder value. The ceremony was broadcast live from New York City and included participation from board members and staff.
Inter Parfums, Inc. (NASDAQ: IPAR) announced record net sales of
Inter Parfums, Inc. (NASDAQ: IPAR) raised its sales guidance for 2022, expecting net sales of
Inter Parfums, Inc. (NASDAQ: IPAR) has announced a 15-year exclusive fragrance license agreement with Lacoste, effective January 1, 2024. This agreement includes an entrance fee of €90 million and grants Interparfums the rights to develop and market all Lacoste perfume and cosmetics lines. The first new perfume line is set to launch in 2024. Lacoste President Thierry Guibert emphasized the potential of the fragrance category for the brand, while Inter Parfums' CEO Jean Madar highlighted the strategic importance of this partnership for the company.
Inter Parfums reported record third-quarter results for 2022, with net sales of $280 million, up 7% year-over-year. The gross margin improved to 64.9%, while diluted EPS rose 8% to $1.30. U.S. operations saw a notable sales increase of 45%, primarily from new brand contributions. Year-to-date net sales reached $776 million, a 16% increase, with net income rising 18%. The company raised its 2022 guidance, projecting net sales of $1.025 billion and diluted EPS of $3.40. A quarterly dividend of $0.50 per share is scheduled for December 30, 2022.
Inter Parfums, Inc. (NASDAQ: IPAR) will announce its third-quarter financial results for the period ending
Inter Parfums, Inc. reported record net sales of
Inter Parfums, Inc. (IPAR) reported record results for Q2 and H1 2022, with net sales of $244.7 million, an 18% increase from $207.6 million in 2021. Net income attributable to IP rose by 22% to $27.6 million, translating to a diluted EPS of $0.86, a 21% increase. Despite challenges from a strong U.S. dollar impacting sales, the company saw growth across all regions except Eastern Europe. Major brands like Montblanc and Coach contributed to this growth, helping to affirm guidance of approximately $1 billion in net sales for 2022.
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