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INTER PARFUMS USA LLC

Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Balmain, Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Paul Smith, S.T. Dupont, Repetto, Rochas, Van Cleef & Arpels, Abercrombie & Fitch, Agent Provocateur, Anna Sui, bebe, Dunhill, Hollister, French Connection, Gap, Oscar de la Renta, and Shanghai Tang brands. It markets and sells its products to department stores, perfumeries, specialty retailers, mass market retailers, supermarkets, domestic and international wholesalers, and distributors. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1985 and is headquartered in New York, New...
Country/AreaUnited States
Company Emailcontact@interparfumsinc.com
IndustryConsumer GoodsCosmetics, Beauty Supply & Personal Care ProductsManufacturing
Company website
Company phone(212) 983-2640
Established1983
Company Revenue$931,666,000
Number of employees467
SIC Code28284
NAICS Code32325
Main ProductsStock infoInvestor PresentationESGAnnual ReportsAnalyst CoverageGovernanceSEC Filings
http://www.linkedin.com/company/inter-parfums-usahttp://www.twitter.com/ipar4f8f02986dhttp://www.facebook.com/jean-philippe-fragrances-209724725769885

Company News

Inter Parfums, Inc. Announces Initial 2024 Guidance
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15. This represents a 12% increase in net sales and an 8% increase in earnings per diluted share compared to 2023 guidance of $1.3 billion in net sales and $4.75 in earnings per diluted share. Guidance for 2023 and 2024 assumes that the average
Inter Parfums, Inc. Reports Record 2023 Third Quarter Results
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today reported its financial results for the three months and nine months ended September 30, 2023. Third Quarter Financial Highlights ($ in millions, except per share data) 2023 2022 % Change Net Sales $368 $280 31% Gross Profit $235 $182 29% Gross Margin (as a percentage of net sales) 63.9% 64.9% (100 bps) Operating Income $87 $64 35% Operating Margin 23.7% 23.0%
Inter Parfums, Inc. Schedules Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the three months ended September 30, 2023, on Tuesday, November 7, 2023, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, November 8, 2023. Interested parties may participate in the live call by dialing: U.S. / Toll-free: (877) 423-9820 International:
Inter Parfums, Inc. Reports Record 2023 Third Quarter Net Sales
NEW YORK--(BUSINESS WIRE)--Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that for three months ended September 30, 2023, net sales rose to $368 million, up 31% from $280 million, in the third quarter of 2022. Net Sales: ($ in millions) Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 % Change 2023 2022 % Change Total Inter Parfums, Inc $368 $280 31% $989 $776 27% European
Inter Parfums (IPAR): A Comprehensive Analysis of Its Market Value
Is the Fragrance Giant Fairly Valued? Let's Delve Deeper
dateSep 26, 2023

Web Summary

Q1: What is the company name and its operational structure?
A1: The company name is Inter Parfums, Inc., and it operates in two segments: European based operations through its 72% owned subsidiary, Interparfums SA, and United States based operations.

Q2: In which year did Interparfums, Inc. start operating in the global fragrance business?
A2: Interparfums, Inc. has been operating in the global fragrance business since 1982.

Q3: What percentage of net sales for the year ended December 31, 2023, were attributed to European based operations?
A3: Fragrance product sales through our European operations represented approximately 65% of net sales for the year ended December 31, 2023.

Q4: Which brands are part of Interparfums' portfolio of prestige brands in Europe?
A4: The portfolio includes Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Lanvin, Moncler, Montblanc, Rochas, and Van Cleef & Arpels.

Q5: What percentage of net sales for the year ended December 31, 2023, were attributed to United States based operations?
A5: Prestige brand fragrance products are also produced and marketed through our United States operations and represented approximately 35% of net sales for the year ended December 31, 2023.

Q6: Which brands are part of Interparfums' portfolio in the United States?
A6: The portfolio includes Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, Roberto Cavalli, and Ungaro.

Q7: Where are Interparfums' common stock listed for trading?
A7: Interparfums’ common stock is listed on The Nasdaq Global Select Market under the trading symbol “IPAR”.

Q8: How does Interparfums source its needed components for manufacturing?
A8: Interparfums acts as a general contractor and sources its needed components from suppliers, which are either received and stored directly at third-party fillers or received at one of their distribution centers before being sent to third-party fillers for manufacturing.
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