press releases
INTER PARFUMS, INC. REPORTS 20% INCREASE IN SECOND QUARTER SALES
New York, New York, July 23, 2008 - Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the second quarter of 2008 were approximately $99.1 million, or 20% ahead of 2007's $82.8 million. At comparable foreign currency exchange rates, net sales for the second quarter were up 12%. Thus for the first half of 2008, net sales were $222.2 million, up 32% from $167.9 million; at comparable foreign exchange rates, net sales for the first half of 2008 were 24% ahead of last year.
INTER PARFUMS SIGNS EXCLUSIVE WORLDWIDE AGREEMENT WITH BEBE STORES, INC.
New York, NY – July 7, 2008 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has entered into an exclusive six year worldwide agreement with bebe stores, inc. (NASDAQ: BEBE) of Brisbane, CA, under which Inter Parfums will design, manufacture and supply fragrance, bath and body products and color cosmetics for company-owned bebe stores in the United States and Canada as well as select specialty and department stores worldwide.
INTER
PARFUMS, INC. REPORTS RECORD FIRST QUARTER RESULT
New York, New York, May 7, 2008: Inter Parfums, Inc. (NASDAQ GS: IPAR) today
reported record results for the first quarter ended March 31, 2008. 50%
Increase In Diluted EPS On A 45% Increase In Net Sales.
Announces Three-For-Two Stock Split And Raises 2008 Guidance
INTER PARFUMS AND GAP INC. SIGN AGREEMENT FOR INTERNATIONAL DISTRIBUTION OF PERSONAL CARE PRODUCTS
New York, NY – April 29, 2008 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has expanded its current relationship with Gap Inc. (NYSE: GPS) with the signing of a four-year licensing agreement for international distribution of personal care products through Gap and Banana Republic stores as well as select specialty and department stores outside the United States, including duty-free and other travel-related retailers.
INTER
PARFUMS, INC. REPORTS 45% INCREASE IN FIRST QUARTER SALES
FIRST QUARTER RESULTS TO BE ANNOUNCED ON MAY 7TH AND CONFERENCE CALL ON MAY 8TH
New York, New York, April 25, 2008 - Inter Parfums, Inc. (NASDAQ GS: IPAR) today
announced that net sales for the first quarter of 2008 were approximately $123.2
million, or 45% ahead of 2007’s $85.1 million. At comparable foreign currency
exchange rates, net sales for the first quarter were up 35%.
INTER PARFUMS, INC. REPORTS RECORD FOURTH QUARTER AND YEAR-END RESULTS
New York, New York, March 10, 2008 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced record results for the fourth quarter and year ended December 31, 2007.
Fourth Quarter 2007 Compared to Fourth Quarter 2006
- Net sales rose 32% to $119.4 million from $90.2 million; at comparable foreign currency exchange rates, net sales were up 24%;
- Sales by European based operations were $96.6 million, up 37% compared to $70.4 million;
- U.S. based operations generated $22.8 million in sales, up 15% from $19.8 million;
- Gross margin rose to 58% from 54% due to the operations of our majority-owned distribution subsidiaries and higher margins generated by our U.S. based specialty retail products;
- S, G & A expense as a percentage of sales was 44% as compared to 41%;
- Operating margin was 14%, up from 12%;
- Net income rose 57% to $8.6 million from $5.5 million; and,
- Diluted earnings per share were $0.41, up 52% compared to $0.27
INTER PARFUMS, INC. REPORTS RECORD FOURTH QUARTER SALES, RAISES 2007 EARNINGS GUIDANCE AND AFFIRMS 2008 GUIDANCE
New York, New York, January 28, 2008: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the final quarter of 2007 were approximately $119.2 million, up 32% from $90.2 million, in the fourth quarter of 2006. At comparable foreign currency exchange rates, net sales for the fourth quarter were up 24%. Thus, 2007 net sales of $389.4 were up 21% from $321.1 million in 2006. At comparable foreign currency exchange rates, net sales for 2007 were up 15%. We expect to issue our final results for the 2007 fourth quarter and year on or about March 12, 2008.
INTER PARFUMS, INC. NAMES ANDY CLARKE PRESIDENT OF SPECIALTY RETAIL DIVISION
New York, New York, January 14, 2008: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced
that Andy Clarke has been named President of Inter Parfums USA LLC – Specialty
Retail Division. This division presently encompasses fragrance and personal
care products produced for Gap, Banana Republic, New York & Company and the
newest addition, Brooks Brothers.
INTER PARFUMS, INC. TO ADDRESS COWEN AND COMPANY 6TH ANNUAL CONSUMER CONFERENCE
New York, New York – January 8, 2008 -- Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced that its Executive VP & CFO, Russell Greenberg, will be
addressing institutional investors at the Cowen and Company 6th Annual Consumer
Conference at 4:00 pm ET, Tuesday, January 15, 2008 at The Westin New York at
Times Square
INTER PARFUMS PROVIDES
INITIAL GUIDANCE FOR 2008
New York, New York, November 28, 2007 - Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced initial guidance for 2008. Management is projecting 2008 net
sales of approximately $437 million, or about 15.6% ahead of 2007's guidance of
$378 million. Net income for 2008 should approximate $24.1 million or $1.16 per
diluted share. This represents a 12% improvement over management's 2007 net
income guidance of $21.5 million or $1.04 per diluted share.
INTER PARFUMS, INC. AND
BROOKS BROTHERS ENTER INTO EXCLUSIVE AGREEMENT FOR PERSONAL CARE PRODUCTS
New York, New York, November 27, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR)
and Brooks Brothers, the oldest clothier in the United States, have entered into
an exclusive agreement covering the design, manufacture and supply of personal
care products for men and women to be sold at Brooks Brothers locations in the
United States as well as a licensing agreement covering Brooks Brothers stores
and specialty and department stores outside the United States and duty free and
other travel-related retailers. In addition to new product development, Inter
Parfums will assume responsibility for the production and supply of existing
Brooks Brothers fragrance and related personal care products.
INTER PARFUMS, INC. REPORTS
RECORD THIRD QUARTER RESULTS
New York, New York, November 7, 2007:
Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for the
third quarter and nine months ended September 30, 2007. Net sales for the nine
months ended September 30, 2007 increased 17% to $270.2 million from $230.9
million in the first nine months of 2006; in constant dollars, net sales were up
12% for the period. Net income for the first nine months of 2007 increased 24%
to $15.2 million or $0.74 per diluted share compared to $12.3 million or $0.60
per diluted share in the same period one year earlier.
INTER PARFUMS, INC. SCHEDULES
THIRD QUARTER RELEASE AND CONFERENCE CALL
Inter Parfums to Present at the 2007 Bear Stearns SMid-Cap Investor Conference
on Wednesday, November 14th
New York, New York, October 31, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced that it will issue financial results for the third quarter ended
September 30, 2007 on Wednesday, November 7, 2007. The results will be released
after the close of the stock market.
INTER PARFUMS, INC. REPORTS RECORD THIRD QUARTER SALES
New York, New York, October 23, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced that net sales for the current third quarter rose to a record
$102.3 million, up 14% from $89.7 million in the same period last year. At
comparable foreign currency exchange rates, third quarter net sales were 9%
ahead of last year's third quarter.
INTER PARFUMS TO PRESENT AT
Oppenheimer’s Consumer Conference on September 10th in New York and Piper
Jaffray’s Consumer Conference on September 27th in London
New York, NY – September 4, 2007 -- Inter Parfums, Inc. (NASDAQ GS:
IPAR) today announced that its senior management will present at the
Oppenheimer Fourth Annual Consumer Conference on Monday,
September 10th at 9:20 am EDT at the Madison Towers Hotel in New York City and
at the Piper Jaffray Second Annual London Consumer Conference on Thursday,
September 27th at 11:30 am London Time at The Great Eastern Hotel.
INTER PARFUMS, INC.
REPORTS RECORD SECOND QUARTER RESULTS AND INCREASES 2007 SALES AND EARNINGS
GUIDANCE
New York, New York, August 8,
2007: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for
the second quarter and six months ended June 30, 2007.
INTER
PARFUMS ACQUIRES WORLDWIDE RIGHTS TO LANVIN BRAND NAMES AND TRADEMARKS FOR FRAGRANCE AND RELATED PRODUCTS
New York,
New York, August 1, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced
that its 72% owned subsidiary, Inter Parfums SA, acquired the worldwide rights
to the Lanvin brand names and international trademarks listed under Class 3 from
Jeanne Lanvin, S.A. ("Lanvin").
INTER PARFUMS WINS TWO
AWARDS AT THE 35th ANNUAL FIFI® AWARDS PRESENTATION
New York, New York, June 5, 2007: Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced that it won two awards at the 35th Annual FiFi® Awards Gala
hosted by the Fragrance Foundation on Thursday, May 31st in New York City. The
FiFi® Awards are an annual event to honor the fragrance industry’s creative
achievements and are considered the “Oscars” of the global fragrance industry.
INTER PARFUMS, INC.
REPORTS RECORD FIRST QUARTER RESULTS 27% INCREASE IN DILUTED EPS ON A 20% INCREASE IN NET SALES
Company Raises 2007 Guidance
New York, New York, May 9,
2007: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported record results for
the first quarter ended March 31, 2007.
NEW YORK & COMPANY AND
INTER PARFUMS, INC. ENTER INTO EXCLUSIVE
AGREEMENT FOR PERSONAL CARE PRODUCTS
NEW YORK, NY -- April 9, 2007 -- New York & Company, Inc. (NYSE:
NWY) and Inter Parfums, Inc. (NASDAQ GS: IPAR ) have signed an
exclusive agreement under which Inter Parfums will design and manufacture a new
line of personal care products which will be sold at the New York & Company
retail locations and on their website.
INTER PARFUMS, INC.
REPORTS RECORD FOURTH QUARTER AND YEAR-END RESULTS
New York, New York, March 12,
2007 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced results for the
fourth quarter and year ended December 31, 2006. European operations, which are
conducted in France, represent the sale of prestige brand name fragrances, and
United States operations, represent the sale of specialty retail and mass-market
products.
INTER PARFUMS, INC.
REPORTS BEST EVER THIRD QUARTER RESULTS
Q3’06 Diluted EPS of $0.23, Up 28% Compared to Q3’05’s $0.18
New York, New York, November 8, 2006 - Inter Parfums,
Inc. (NasdaqGS: IPAR) today reported record third quarter 2006 results.
European operations, which are conducted in France, primarily represent the sale
of prestige brand name fragrances, and United States operations, primarily
represent the sale of specialty retail products and mass-market products.
INTER PARFUMS SIGNS
EXCLUSIVE WORLDWIDE LICENSE AGREEMENT WITH VAN CLEEF & ARPELS
New York, NY – October 4, 2006 -- Inter Parfums, Inc. (NASDAQ GS: IPAR)
today announced that its Paris-based subsidiary, Inter Parfums SA, and Van Cleef
& Arpels have signed a worldwide license agreement under which Inter Parfums SA
will manufacture and distribute perfumes and related bath and body products
under the Van Cleef & Arpels brand name.