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An announcement from Inter Parfums ( (IPAR) ) is now available.
Interparfums, Inc. reported record net sales of $1.45 billion for 2024, marking a 10% increase from the previous year, driven by strong performance across its brand portfolio, including notable growth from GUESS, Jimmy Choo, and new additions like Lacoste and Roberto Cavalli. Despite potential geopolitical and economic challenges, the company remains optimistic about 2025, supported by robust demand for premium products, an expanding e-commerce presence, and a promising product launch pipeline.
More about Inter Parfums
Interparfums, Inc., established in 1982, operates in the global fragrance business, producing and distributing prestige fragrances under various brand licenses. The company operates through European and United States-based segments and boasts a portfolio of renowned brands such as Jimmy Choo, GUESS, Montblanc, and Lanvin, among others, distributing products in over 120 countries.
YTD Price Performance: 11.33%
Average Trading Volume: 137,305
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.59B
Find detailed analytics on IPAR stock on TipRanks’ Stock Analysis page.
