secwatch.observer — SEC 8-K summary
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Issuer:     INTERPARFUMS INC (IPAR)
CIK:        0000822663
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001753926-24-000400
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inter Parfums reports record 2023 sales $1.32B, EPS $4.75; ups dividend 20%
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- Full-year net sales $1.318B (+21% YoY); diluted EPS $4.75 (+26% from $3.78).
- Q4 net sales $329M (+6%); diluted EPS $0.32 (-37% vs $0.52) due to $3.1M tax assessment.
- 2024 guidance reaffirmed: net sales $1.45B, EPS $5.15 (10% and 8% YoY increases).
- Board increases annual cash dividend 20% to $3.00; Q1 payment $0.75 on March 29, 2024.
- 2024 share buyback authorized up to 130,000 shares; 116,860 shares repurchased in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822663/000175392624000400/0001753926-24-000400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822663/000175392624000400/g084080_8k.htm
  HTML page:      https://secwatch.observer/filing/0001753926-24-000400

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer