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Inter Parfums (IPAR)
NASDAQ:IPAR
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.8Last Year’s EPS
$0.32Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 0.32%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong overall performance with record-breaking sales and strategic growth across major markets and segments. However, challenges such as foreign exchange losses and underpenetration in China present hurdles. The company's strategic initiatives and new product launches indicate a positive outlook for future growth.Company Guidance
During the third quarter earnings call for Interparfums Inc., Jean Madar, the CEO, highlighted that the fragrance market continues to grow robustly, albeit at a more sustainable pace. The company achieved record sales in Q3, with North America, Western Europe, and Asia Pacific markets growing by 12%, 25%, and 15% respectively. Travel Retail sales also saw a 24% increase in the first nine months of the year. Interparfums aims to expand its presence in China with strategic promotional efforts planned for 2026. The company's direct sales to retailers represented 37% of net sales, up from 35% the previous year. Interparfums is focusing on social media campaigns and influencer collaborations, noting a significant increase in content creation on platforms like Instagram and TikTok. The company reaffirmed its 2024 guidance with net sales expected to reach $1.45 billion and earnings per diluted share of $5.15, setting a new record for the company.Record-Breaking Quarter
Q3 2024 was the best quarter in the company's history, with significant sales growth across all major markets.
Strong Sales Growth
Sales grew by 12% in North America, 25% in Western Europe, 15% in Asia Pacific, and 23% in Eastern Europe.
Travel Retail Business Growth
Travel retail sales increased by 24% year-over-year, now representing 7% of net sales.
New Product Launches
Successful launch of new fragrances and extensions, with notable media attention and awards for Donna Karan and Oscar de la Renta collections.
Strong Financial Performance
Operating margin for Q3 was 25%, an improvement from 23.7% last year. Healthy balance sheet with $157 million in cash and equivalents.
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IPAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IPAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $127.36 | $125.19 | -1.70% |
| Aug 06, 2024 | $128.73 | $131.12 | +1.86% |
| May 07, 2024 | $121.00 | $116.29 | -3.89% |
| Feb 27, 2024 | $149.92 | $141.70 | -5.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Inter Parfums (IPAR) report earnings?
Inter Parfums (IPAR) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Inter Parfums (IPAR) earnings time?
Inter Parfums (IPAR) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IPAR EPS forecast?
IPAR EPS forecast for the fiscal quarter 2024 (Q4) is $0.8.
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