earnings
confidence high
sentiment positive
materiality 0.85
Inter Parfums Q2 sales surge 26% to $309M; raises 2023 sales guidance to $1.3B
INTERPARFUMS INC
2023-Q2 EPS reported
$2.77
revenue$620,967,000
- Q2 net sales $309M (+26% YoY); European ops $198M (+19%), US ops $111M (+42%).
- 2023 sales guidance raised to $1.3B from $1.25B (April guidance).
- Coach (+28%), Jimmy Choo (+21%), Montblanc (+16%) led European-based sales growth.
- GUESS US fragrance sales +30% YoY; Donna Karan/DKNY became #2 US brand.
- New license for Roberto Cavalli (shipping Nov/Dec 2023) and Lacoste (expected 2023).