Core Viewpoint - Analysts forecast that Interparfums (IPAR) will report quarterly earnings of $0.80 per share, reflecting a year-over-year increase of 150% and anticipated revenues of $361.88 million, which is a 10.1% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, there has been a 0.2% upward revision in the consensus EPS estimate for the quarter, indicating a collective reassessment by covering analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Estimates by Region - Analysts estimate 'Net Sales- North America' to reach $136.39 million, a decrease of 3.7% from the prior-year quarter [5]. - 'Net Sales- Western Europe' is projected at $79.89 million, showing an increase of 36.8% from the year-ago quarter [5]. - 'Net Sales- Asia/Pacific' is expected to be $54.49 million, reflecting a 1.5% increase from the previous year [5]. - 'Net Sales- United States' is forecasted to be $145.17 million, indicating a 13.1% increase from the prior-year quarter [6]. - 'Net Sales- Central and South America' is estimated at $28.73 million, a 36.8% increase from the previous year [6]. - 'Net Sales- Eastern Europe' is expected to be $21.38 million, showing a decrease of 23.1% from the prior-year quarter [6]. - The total 'Net Sales- Europe' is projected at $218.77 million, reflecting an 8.4% increase from the previous year [7]. - 'Net Sales- Middle East and Africa' is expected to reach $30.64 million, indicating a 24% increase from the prior-year quarter [7]. Gross Margin Estimates - 'Gross Margin- United States operations' is estimated at $83.41 million, compared to $74.30 million reported in the same quarter last year [8]. - 'Gross Margin- European operations' is projected to be $152.23 million, compared to $138.40 million from the previous year [8]. Stock Performance - Interparfums shares have decreased by 4.7% in the past month, contrasting with the Zacks S&P 500 composite's decline of 0.5%. The company holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the overall market in the near term [8].

Inter Parfums, Inc. (IPAR) is likely to register bottom-line growth when it reports fourth-quarter 2024 earnings on Feb. 25. Although the Zacks Consensus Estimate for quarterly earnings has moved down a penny in the past 30 days to 80 cents per share, the projection indicates an increase from 32 cents reported in the year-ago quarter.The consensus mark for 2024 earnings is pegged at $5.14 per share, suggesting an 8.2% increase from the previous year’s reported figure. IPAR has a trailing four-quarter negati ...

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 ...

NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that its 72% owned French subsidiary, Interparfums SA, has obtained all Off-White brand names and registered trademarks for Class 3 fragrance and cosmetic products, subject to an existing license that expires on December 31, 2025, when Interparfums will begin commercial use of the fragrance brands. The two companies will build a long-term relationship to work in unison on strate ...

Interparfums, Inc. (NASDAQ: IPAR ), the fragrance company with a wide range of licenses and owned brands, reported the company’s Q3 results on the 6 th of November, once again showing very solid growth momentum andI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a compan ...

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 ...

Financial Data and Key Metrics Changes - The third quarter of 2024 was reported as the best quarter in the company's history, with consolidated gross margin unchanged at 63.9% compared to the previous year [21] - Year-to-date consolidated gross sales expanded by 30 basis points to 63.6%, with expectations for full-year gross margins to be slightly ahead of 2023 at approximately 64% [22] - Net income was impacted by foreign exchange losses of $3.3 million in the third quarter, compared to gains of $0.7 million in the prior year, resulting in a year-over-year swing of about $4 million [25] - The company reaffirmed its 2024 guidance of net sales of $1.45 billion, implying upper single-digit growth in the fourth quarter [30] Business Line Data and Key Metrics Changes - Direct sales to retailers and travel retail represented approximately 37% of net sales for the first nine months of 2024, up from 35% a year earlier [9] - The promotional gift set program has seen growing demand, particularly in Europe and the Middle East, with retailers well-prepared for the holiday season [10] Market Data and Key Metrics Changes - Sales growth in the company's three largest markets was reported as follows: North America grew by 12%, Western Europe by 25%, and Asia Pacific by 15% [7] - Central and South America also experienced a positive trajectory with 20% growth, while Eastern Europe bounced back with a 23% increase [7] Company Strategy and Development Direction - The company is focusing on adapting to changing consumer preferences and trends, with an emphasis on premiumization in the fragrance market [6][32] - Strategic initiatives include enhancing advertising and promotional programs, particularly through social media and influencer marketing [12] - The company is developing a strategic promotional program aimed at accelerating growth in the Chinese market, with plans for entry in 2026 [8] Management's Comments on Operating Environment and Future Outlook - Management noted that while the fragrance market remains robust, growth is occurring at a more sustainable pace compared to the previous two years [6] - There is an expectation of slower growth going forward, with a more normalized growth rate anticipated compared to the high-growth periods of the past [49] - The company is optimistic about its product pipeline, with several new launches planned for 2025 [52] Other Important Information - The company is actively working on improving inventory efficiency, with finished goods making up 63% of inventory levels at the end of September [28] - The company reported a significant year-over-year improvement in net cash provided by operating activities, totaling $76 million compared to $18 million in the prior year [29] Q&A Session Summary Question: Can you talk about changes in consumer preferences? - Management noted a trend of increasing strength in the men's fragrance segment and a willingness among consumers, especially younger ones, to pay more for premium fragrances [32] Question: What are the expectations for Q4 sell-in trends? - The company is projecting double-digit growth in the fourth quarter, with sell-in being slower than sell-out across the industry [34] Question: What is the impact of selling more gift sets? - Gift sets are seen as value offers that help maintain customer loyalty, with a manageable impact on margins [40][42] Question: What is the update on the luxury line for release in 2025? - The luxury line is planned for launch in the summer of 2025, but it is expected to be a small part of the overall business initially [43] Question: When might destocking end? - Destocking has been slowing down and is now broadly in line with historical sell-out growth [51]