8-K
filed February 28, 2023, 6:59 PM ET
ticker IPAR
CIK 0000822663
earnings
confidence high
sentiment positive
materiality 0.80
Inter Parfums Q4 net sales $311M (+47%), FY EPS $3.78; raises 2023 EPS guidance to $4.00; dividend up 25%
INTERPARFUMS INC
2022-FY EPS reported
$3.78
revenue$1,086,700,000
- Q4 net sales $311M (+47% YoY); full year net sales $1.087B (+24% YoY); diluted EPS $3.78 vs $2.75.
- Raised 2023 guidance: net sales ~$1.2B (+10% YoY), diluted EPS $4.00 (up from prior $3.75).
- Board approved 25% dividend increase to $2.50 annual; next quarterly $0.625 payable March 31, 2023 to holders of record March 15.
- Signed Lacoste fragrance license effective Jan 1, 2024; extended Montblanc license through Dec 31, 2030.
- 2022 gross margin improved to 63.9% from 63.3%; operating margin 17.9% vs 16.8%.
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 reported the fourth quarter ended December 31, 2022 results: revenue $311, net income $17, EPS $0.52.
- Period
- the fourth quarter ended December 31, 2022
- Revenue
- $311
- Net income
- $17
- EPS
- $0.52
- Result
- reported results
Exact text from the filing
Fourth Quarter & Full Year Highlights: ($ in millions, except per share data) Q4’22 Q4’21 % Change Full Year 2022 Full Year 2021 % Change Net Sales $311 $211 47% $1,087 $880 24% Gross Margin 64.4% 62.6% +180 bps 63.9% 63.3% +60 bps Operating Income (loss) $23 ($12) n.m. $194 $148 31% Operating Margin 7.5% (5.8%) +1,326 bps 17.9% 16.8% +110 bps Net Income (Loss) attributable to IP $17 ($1) n.m. $121 $87 38% Diluted EPS (Loss) $0.52 ($0.04) n.m. $3.78 $2.75 38%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
INTERPARFUMS INC reported the full year ended December 31, 2022 results: revenue $1,087, net income $121, EPS $3.78.
- Period
- the full year ended December 31, 2022
- Revenue
- $1,087
- Net income
- $121
- EPS
- $3.78
- Result
- reported results
Exact text from the filing
Fourth Quarter & Full Year Highlights: ($ in millions, except per share data) Q4’22 Q4’21 % Change Full Year 2022 Full Year 2021 % Change Net Sales $311 $211 47% $1,087 $880 24% Gross Margin 64.4% 62.6% +180 bps 63.9% 63.3% +60 bps Operating Income (loss) $23 ($12) n.m. $194 $148 31% Operating Margin 7.5% (5.8%) +1,326 bps 17.9% 16.8% +110 bps Net Income (Loss) attributable to IP $17 ($1) n.m. $121 $87 38% Diluted EPS (Loss) $0.52 ($0.04) n.m. $3.78 $2.75 38%
View on SEC.gov
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