Inter Parfums Q2 sales hit record $342M, up 11%; reaffirms FY guidance

INTERPARFUMS INC

2024-Q2 EPS reported $2.41 revenue$666,192,000

Q2 net sales $342M vs $309M a year ago (+11%); H1 sales $666M (+7%).
European operations Q2 sales up 14%, US operations up 8%.
Reaffirms 2024 guidance: net sales $1.45B, diluted EPS $5.15.
Van Cleef & Arpels license renewed for 9 years from Jan 1, 2025.
Lacoste and Roberto Cavalli launches contributed 9% to Q2 sales growth.

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