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IPAR News and Press, Inter Parfums Inc. From 01/24/23

Stock Information

Company Name: Inter Parfums Inc.
Stock Symbol: IPAR
Market: NASDAQ
Website: interparfumsinc.com

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IPAR - Inter Parfums reports record Q4 sales, closely near consensus

Inter Parfums ( NASDAQ: IPAR ) Q4 net sales rose to a record $311M, a 47% increase Y/Y. ( vs. consensus $311.50M ) At comparable foreign currency exchange rates, consolidated Q4 net sales increased 57% Y/Y. For the FY, 2022 net sales rose to $1.087B ( vs. consensus $...

IPAR - Inter Parfums, Inc. Reports Record 2022 Fourth Quarter and Full Year Net Sales

Affirms 2023 Guidance Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended December 31, 2022, net sales rose to a record $311 million, a 47% increase from $211 million in the fourth quarter of 2021. At comparable foreign currency exchange rates, consol...

IPAR - Edgewell Personal Care Company Still Deserves Some Upside From Here

Summary Edgewell Personal Care Company has faced a bit of pressure as of late on both its top and bottom lines. This may discourage some investors from considering the firm, but management seems upbeat for 2023, all things considered. Shares are also priced at a level that suggests ...

IPAR - Coty's Bottoming Has Probably Come To The End But Hold (Technical Analysis)

Summary The Household & Personal Products industry is slowly picking up and is amongst the best choices in the Consumer Defensive sector. Coty has had excellent performance over Clorox and Church & Dwight over the last 3 months. The technical setup indicates the slow end of ...

IPAR - Inter Parfums raises guidance as Q4 sales top expectations

Inter Parfums ( NASDAQ: IPAR ) on Wednesday raised its 2022 and 2023 guidance on the back of better-than-expected Q4 sales. 2022 net sales are projected to be $1.08B, up 23% Y/Y and above consensus estimate of $1.03B. Prior outlook was $1.025B. The company expects 202...

IPAR - Inter Parfums rallies after raising full-year guidance

Inter Parfums ( NASDAQ: IPAR ) traded higher in the after-hours session on Wednesday after the company boosted full-year guidance with Q4 sales reported to be higher than anticipated. The cosmetics company is now expecting full-year 2022 sales of $1.08B vs. prior guidance for $1.025B ...

IPAR - Inter Parfums, Inc. Raises 2022 and 2023 Financial Guidance

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it is raising its guidance for year ended December 31, 2022, in light of better-than-expected fourth quarter sales. The Company is now expecting full-year 2022 net sales of $1.08 billion; previous sales guidance was $1.025 billion. Wi...

IPAR - Inter Parfums: Strong Recovery, Optimistic Prospects

Summary After a pandemic-induced drop in revenues in 2020, Inter Parfums recovered strongly in 2021 and the momentum has so far continued in 2022. Near-term prospects are cautiously optimistic with international travel recovery and retail store openings outweighing challenges in Eastern...

IPAR - Estee Lauder: The Weakest Link

Summary Estée Lauder ranks amongst the industry leaders in terms of valuation, edging L’Oréal on P/E and EV/EBITDA ratios. The company’s revenue contracted 16% YoY and the outlook is grim, with EPS targets down 57% YoY and a 10% revenue decline for the last twelv...

IPAR - Lacoste and Interparfums enter fragrance license agreement

Inter Parfums ( NASDAQ: IPAR ) announced that its majority owned Paris-based subsidiary, Interparfums SA and Lacoste have signed a worldwide exclusive 15-year fragrance license agreement effective January 1, 2024. Under this agreement, including an entrance fee of Ȋ...

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