An announcement from Inter Parfums ( (IPAR) ) is now available.
Interparfums, Inc. reported record financial results for the fourth quarter and full year of 2024, with a 10% increase in net sales and a diluted EPS of $5.12, surpassing expectations. The company also announced a 7% increase in its cash dividend and reaffirmed its 2025 guidance, highlighting strong brand performance and expansion plans, including the launch of its first proprietary niche brand, Solférino.
More about Inter Parfums
Interparfums, Inc. operates in the global fragrance industry, producing and distributing prestige fragrances and related products under license agreements with brand owners. The company manages its business through European and United States-based operations, with a portfolio that includes brands like Jimmy Choo, GUESS, and Lacoste, distributed in over 120 countries.
YTD Price Performance: 7.09%
Average Trading Volume: 123,093
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.41B
Learn more about IPAR stock on TipRanks’ Stock Analysis page.