Inter Parfums' Q3 Sales Rise 15% on Strong Brand Performance [Yahoo! Finance]
Interparfums, Inc. (IPAR)
Last interparfums, inc. earnings: 3/2 04:08 pm
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Source: Yahoo! Finance
IPAR continues to benefit from strength in the fragrance market, as reflected in its stellar third-quarter 2024 sales. The results were fueled by ongoing fragrance market momentum, the strong performance of the company's largest brands, as well as contributions from its latest brands, Lacoste and Roberto Cavalli. For the three months ended Sept. 30, 2024, net sales rose 15% to $425 million from $368 million reported in the year-ago quarter. This growth was driven by the strong performance of the company's largest brands, along with its newest brands, Lacoste and Roberto Cavalli, which together contributed 10% to the sales increase. For the nine months ended Sept. 30, 2024, net sales rose 10% to $1091 million from $989 million in the year-ago quarter. In this time frame, Inter Parfums' Europe-based product sales were $739 million, up 12% from the prior-year levels. U.S.-based product sales amounted to $362 million, up 11% from the prior-year period's levels. IPAR's Strong Sales G
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IPAR
News
- Inter Parfums, Inc. (NASDAQ: IPAR) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $163.00 price target on the stock.MarketBeat
- Reflecting On Personal Care Stocks' Q3 Earnings: Inter Parfums (NASDAQ:IPAR) [Yahoo! Finance]Yahoo! Finance
- Inter Parfums, Inc. (NASDAQ: IPAR) had its price target raised by analysts at Piper Sandler from $155.00 to $164.00. They now have an "overweight" rating on the stock.MarketBeat
- Inter Parfums, Inc. (NASDAQ: IPAR) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $163.00 price target on the stock.MarketBeat
- Off-White Inks Fragrance and Cosmetics License With Interparfums SA [Yahoo! Finance]Yahoo! Finance
IPAR
Earnings
- 11/6/24 - Beat
IPAR
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/2/24 - Form 8-K
- IPAR's page on the SEC website