Inter Parfums, Inc. Reports 2023 Fourth Quarter and Record Full Year Results [Yahoo! Finance]
Inter Parfums, Inc. (IPAR)
Last inter parfums, inc. earnings: 3/2 04:08 pm
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US:NASDAQ Investor Relations:
interparfumsinc.com/ir_press.html
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Source: Yahoo! Finance
NEW YORK, February 27, 2024 BUSINESS WIRE )--Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter & Full Year Highlights: ($ in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, % Change % Change Net Sales Gross Margin +30 bps (20 bps) Operating Income Operating Margin (170 bps) +120 bps Net Income attributable to IP Diluted EPS At comparable foreign currency exchange rates, consolidated net sales for the three months and year ended December 31, 2023, increased 4% and 20%, respectively, compared to the same periods in 2022. Of note, the average dollar/euro exchange rate for the 2023 fourth quarter was 1.08 compared to 1.02 in the fourth quarter of 2022, while for the full year, the average dollar/euro exchange rate for 2023 was 1.08 compared to 1.05 in 2022, leading to a positive 2% foreign exchange impact for net sales for t
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News
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- Inter Parfums, Inc. (NASDAQ: IPAR) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $192.00 price target on the stock.MarketBeat
- Inter Parfums, Inc. (NASDAQ: IPAR) had its price target lowered by analysts at Piper Sandler from $176.00 to $172.00. They now have an "overweight" rating on the stock.MarketBeat
IPAR
Earnings
- 2/27/24 - Miss
IPAR
Sec Filings
- 4/24/24 - Form 8-K
- 3/5/24 - Form 4
- 3/5/24 - Form 4
- IPAR's page on the SEC website