International Flavors (IFF) Q1 Earnings Beat, Sales Dip Y/Y [Yahoo! Finance]
International Flavors & Fragrances, Inc. (IFF)
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm
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US:NYSE Investor Relations:
ir.iff.com
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Source: Yahoo! Finance
The bottom line improved 30% from the year-ago quarter. Including one-time items, the company reported earnings of 23 cents against the prior-year quarter's loss of 4 cents. International Flavors' net sales were $2.9 billion in the March-end quarter, decreasing 4.2% year over year. The top line surpassed the Zacks Consensus Estimate of $2.81 billion. In the January-March quarter, currency-neutral sales grew 5% year over year. International Flavors & Fragrances Inc. Price, Consensus and EPS Surprise International Flavors & Fragrances Inc. price-consensus-eps-surprise-chart | International Flavors & Fragrances Inc. Quote Operational Highlights In the reported quarter, International Flavors' cost of goods sold was down 9.1% year over year to $1.88billion. The gross profit rose 6.2% year over year to $1.02 billion. The gross margin came in at 35.3% compared with 31.8% in the year-ago quarter. Research and development expenses increased 3.1% year over year to $166 million. Th
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IFF
Earnings
- 5/6/24 - Beat
IFF
Sec Filings
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- IFF's page on the SEC website