Inter Parfums reports record Q3 sales $280M, EPS $1.30; raises 2022 guidance to $1.025B sales, $3.40 EPS

INTERPARFUMS INC

2022-Q3 EPS reported $3.26 revenue$775,865,000

Record Q3 net sales $280M (+7% YoY); net income $41.4M (+8%); diluted EPS $1.30 (+8%).
Gross margin expanded 120 bps to 64.9%; European operations margin gained from stronger USD.
Nine-month net sales $776M (+16%); net income $104M (+18%); EPS $3.26 (+17%).
2022 guidance raised: net sales $1.025B (prev. $1B), diluted EPS $3.40 (prev. $3.25).
Quarterly dividend maintained at $0.50/share, payable Dec 30, 2022 to holders of record Dec 15.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTERPARFUMS INC updated its 2022 guidance (raised).

Period: 2022
Guidance: raised
Result: guidance update

Exact text from the filing

INTER PARFUMS, INC. REPORTS RECORD 2022 THIRD QUARTER RESULTS RAISES 2022 SALES AND EPS GUIDANCE

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Source: SEC EDGAR

accession 0001753926-22-001439

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