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Stock impact report

Interparfums, Inc. Announces Initial 2025 Guidance

Interparfums, Inc. (IPAR) 
Last interparfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: GlobeNewswire
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced initial guidance for its fiscal year ending December 31, 2025. Guidance2024E% Change2025ENet Sales$1.45B+4%$1.51BDiluted EPS$5.15+4%$5.35(E) Estimate Guidance for 2024 and 2025 assumes that the average dollar/euro exchange rate remains at current levels.  Management CommentaryJean Madar, Chairman & Chief Executive Officer of Interparfums noted, “We have a strong lineup of new pillars and extensions coming to market throughout the coming year, but expect a more modest growth rate of 4% in both net sales and earnings per diluted share as compared to our 2024 guidance. “As we have done historically, we are taking a conservative approach to our forecasting, while navigating the evolving dynamics of the fragrance market and considering the potential impacts of ongoing geopolitical conflicts in key markets as well as any policy changes stemming from t Show less Read more
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