Inter Parfums Q1 net sales record $312M (+24% YoY); raises FY2023 guidance to $1.25B, EPS $4.25

INTERPARFUMS INC

2023-Q1 EPS reported $1.68 revenue$311,723,000

Q1 net sales rose to a record $312M, a 24% increase YoY; 27% in constant currency.
European-based product sales $230M (+26%), US-based sales $82M (+19%).
Jimmy Choo (+63%), Montblanc (+28%), Coach (+24%) led European brand growth.
Raised 2023 guidance: net sales to $1.25B (from $1.2B), EPS to $4.25 (from $4.00).
Lacoste fragrance business to be directed and operated by Paris operations from January 2024.

item 2.02 item 7.01 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

INTERPARFUMS INC reported three months ended March 31, 2023 results: revenue $312 million. Guidance raised.

Period: three months ended March 31, 2023
Revenue: $312 million
Guidance: raised
Result: reported results

Exact text from the filing

Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended March 31, 2023, net sales rose to a record $312 million

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Source: SEC EDGAR

accession 0001753926-23-000481

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