---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-24-000931"
form_type: "8-K"
ticker: "IPAR"
cik: "0000822663"
company_name: "INTERPARFUMS INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T21:24:07.514054+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Inter Parfums Q1 EPS $1.27, down 24% YoY; reaffirms FY 2024 guidance of $5.15 EPS, $1.45B sales

## Summary
- Net sales $324M (+4% YoY); gross margin 62.5% vs 65.1% due to unfavorable mix and cost inflation.
- Net income $41M, diluted EPS $1.27, both down 24% from Q1 2023.
- Reaffirms FY 2024 guidance: net sales $1.45B, diluted EPS $5.15 (8% growth).
- Quarterly dividend $0.75 per share, payable June 28, record June 14.
- Advertising and promotion spend rose to 14.9% of sales (from 11.3%); full-year plan ~21%; Lacoste amortization $1.6M.

## SEC filing metadata
- accession: 0001753926-24-000931
- form_type: 8-K
- ticker: IPAR
- cik: 0000822663
- company_name: INTERPARFUMS INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/822663/000175392624000931/0001753926-24-000931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822663/000175392624000931/g084229_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-24-000931
- JSON: https://secwatch.observer/filing/0001753926-24-000931.json
- Plain text: https://secwatch.observer/filing/0001753926-24-000931.txt

## Key facts
- Earnings Releases
  INTERPARFUMS INC reported first quarter ended March 31, 2024 results: revenue Net Sales $324, net income Net Income attributable to IP $41, EPS Diluted EPS $1.27. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: Net Sales $324
  - Net income: Net Income attributable to IP $41
  - EPS: Diluted EPS $1.27
  - Guidance: reaffirmed
  - Result: reported results
  source text: the first quarter ended March 31, 2024. First Quarter 2024 Highlights: ($ in millions, except per share amounts) Three Months Ended March 31, 2024 2023 % Change Net Sales $324 $312 4% Gross Margin 62.5% 65.1% (260 bps) Operating Income $68 $90 (25%) Operating Margin 21.0% 29.0% (800 bps) Net Income attributable to IP $41 $54 (24%) Diluted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/822663/000175392624000931/0001753926-24-000931-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.