Interparfums Q1 Net Sales $339M Up From $324M YoY; Reaffirms FY2025 EPS Guidance Of $5.35, Net Sales Of $1.51B

Benzinga

Apr 24, 2025

Reaffirms FY2025 Guidance2025 First Quarter Conference Call Scheduled for May 6, 2025

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) ("Interparfums" or the "Company") today announced that for the three months ended March 31, 2025, net sales rose to $339 million, up 5% from $324 million in the first quarter of 2024.

Net Sales ($ in millions)	Three Months Ended March 31,
2025	2024	% Change
Total Interparfums, Inc.	$339	$324	5%
European based net sales	$248	$231	7%
United States based net sales*	$94	$96	(1%)
Elimination of intercompany sales	($3)	($3)	flat
United States based organic net sales increased by 3%, excluding the impact of the discontinued Dunhill license. The average dollar/euro exchange rate for the 2025 first quarter was 1.05 compared to 1.09 in the 2024 first quarter leading to a negative 1% foreign exchange impact.*

Reaffirms 2025 GuidanceThe Company reaffirms its previously announced 2025 guidance of net sales of $1.51 billion and earnings per diluted share of $5.35, a 4% increase for both metrics.

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(NASDAQ GS: IPAR) (\"Interparfums\" or the \"Company\") today announced that for the three months ended March 31, 2025, net sales rose to $339 million, up 5% from $324 million in the first quarter of 2024.</p><figure><table><tbody><tr><td><strong>Net Sales</strong><br/><br/><i>($ in millions)</i><br/><br/><br/><br/> </td><td colspan=\"3\"><strong>Three Months Ended</strong><br/><br/><strong>March 31,</strong></td></tr><tr><td><strong>2025</strong></td><td><strong>2024</strong></td><td><strong>% Change</strong></td><td> </td></tr><tr><td><strong>Total Interparfums, Inc.</strong></td><td><strong>$339</strong></td><td><strong>$324</strong></td><td><strong>5%</strong></td></tr><tr><td>European based net sales</td><td>$248</td><td>$231</td><td>7%</td></tr><tr><td>United States based net sales*</td><td>$94</td><td>$96</td><td>(1%)</td></tr><tr><td><i>Elimination of intercompany sales</i></td><td><i>($3)</i></td><td><i>($3)</i></td><td><i>flat</i></td></tr><tr><td colspan=\"4\"><i>*United States based organic net sales increased by 3%, excluding the impact of the discontinued Dunhill license.</i><br/><br/><i>The average dollar/euro exchange rate for the 2025 first quarter was 1.05 compared to 1.09 in the 2024 first quarter leading to a negative 1% foreign exchange impact.</i></td></tr></tbody></table></figure><p><strong>Reaffirms 2025 Guidance</strong>The Company reaffirms its previously announced 2025 guidance of net sales of $1.51 billion and earnings per diluted share of $5.35, a 4% increase for both metrics.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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