press releases
INTER PARFUMS,INC. SCHEDULES SECOND QUARTER RELEASE AND CONFERENCE CALL
New York, New York, July 28, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the second quarter ended June 30, 2010 on Monday, August 9, 2010. The results will be released after the close of the stock market.
NEW YORK, July 26, 2010 -Jones Apparel Group, Inc. ("Jones") (NYSE: JNY) today announced that it has entered into an exclusive, world-wide license agreement with Inter Parfums USA, LLC, a wholly-owned subsidiary of Inter Parfums, Inc. ("Inter Parfums") (Nasdaq: IPAR) for the creation, production, marketing and global distribution of women's fragrances under the Nine West brand. Inter Parfums is a premier manufacturer and marketer of prestige fragrances worldwide.
INTER PARFUMS, INC. REPORTS 21.6% INCREASE IN SECOND QUARTER SALES
New York, New York, July 23, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the second quarter of 2010 hit a new record reaching approximately $107.8 million, a 21.6% increase from $88.6 million in the second quarter of 2009. At comparable foreign currency exchange rates, net sales for the second quarter were up 28.3%. Thus, net sales for the first half of 2010 increased 26.9% to $227.1 million from $179.0 million in the same period last year. At comparable foreign currency exchange rates, net sales for the first half of 2010 rose 28.6%. Inter Parfums plans to issue final results for the second quarter of 2010 on or about August 9, 2010 and conduct a conference call on the following day.
INTER PARFUMS, INC. SIGNS EXCLUSIVE WORLDWIDE AGREEMENT WITH BETSEY JOHNSON LLC
New York, New York, July 9, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it has entered into an exclusive worldwide agreement with Betsey Johnson LLC of New York, NY, under which Inter Parfums will design, manufacture and sell fragrance, color cosmetics as well as other personal care products across a broad retail spectrum. The agreement, which runs through December 31, 2015, encompasses both direct sales to global Betsey Johnson stores and e-commerce site, as well as a licensing component, enabling Inter Parfums to sell these fragrance and beauty products to specialty and department stores as well as other retail outlets worldwide.
New York, New York, May 10, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2010.
First Quarter 2010 Compared to First Quarter 2009:
• Net sales rose 32% to $119.4 million from $90.4 million; at comparable foreign currency exchange rates, net sales increased 29%;
• European-based operations achieved sales of $108.3 million, a 32% increase from $82.0 million;
• Sales by U.S.-based operations rose 32% to $11.1 million from $8.4 million;
• Gross margin was 60.1% compared to 59.2%;
• S, G & A expense as a percentage of sales was 46.7% compared to 47.9%;
• Operating income rose 56% to $16.0 million from $10.3 million;
• Operating margins were 13.4% of sales compared to 11.4%;
• Net income attributable to Inter Parfums, Inc. rose 21% to $6.6 million from $5.4 million; and,
• Basic and diluted earnings per share attributable to Inter Parfums, Inc. common shareholders rose 22% to $0.22 compared to $0.18.
INTER PARFUMS, INC. SCHEDULES FIRST QUARTER RELEASE AND CONFERENCE CALL
New York, New York, April 29, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the first quarter ended March 31, 2010 on Monday, May 10, 2010. The results will be released after the close of the stock market.
INTER PARFUMS, INC. REPORTS 32% INCREASE IN FIRST QUARTER SALES
New York, New York, April 23, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the first quarter of 2010 were approximately $119.4 million, a 32% increase from $90.4 million, in the first quarter of 2009. At comparable foreign currency exchange rates, net sales for the first quarter were up 29%. Inter Parfums plans to issue its results for the first quarter of 2010 on or about May 10, 2010.
New York, New York – April 8, 2010 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its Chairman of the Board & CEO, Jean Madar and Executive VP & CFO, Russell Greenberg, will address institutional investors at the Telsey Advisory Group Consumer Conference on Thursday, April 15, 2010 at 3:00 pm ET at The Westin New York at Times Square.
INTER PARFUMS, INC. REPORTS 2009 FOURTH QUARTER AND YEAR-END RESULTS
New York, New York, March 10, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the fourth quarter and year ended December 31, 2009.
Fourth Quarter 2009 Compared to Fourth Quarter 2008:
ˇ Net sales increased 13% to $112.9 million from $100.4 million; at comparable foreign currency exchange rates, net sales were up 2% for the period;
ˇ European-based operations generated sales of $96.3 million, a 16% increase from $83.2 million;
ˇ Sales by U.S.-based operations declined 3% to $16.6 million from $17.2 million;
ˇ Gross margin was 56.1% compared to 56.6%;
ˇ S, G & A expense as a percentage of sales was 42% for both periods;
ˇ Operating margins were 12.2% of net sales as compared to 13.7% of net sales;
ˇ Net income attributable to Inter Parfums, Inc. increased 7% to $5.5 million as compared to $5.1 million; and,
ˇ Basic and diluted earnings per share rose 6% to $0.18 from $0.17.
INTER PARFUMS, INC. SCHEDULES FOURTH QUARTER RELEASE AND CONFERENCE CALL
New York, New York, March 2, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that it will issue financial results for the fourth quarter ended December 31, 2009 on Wednesday, March 10, 2010. The results will be released after the close of the stock market.
INTER PARFUMS, INC. REPORTS 13% INCREASE IN FOURTH QUARTER SALES FULL YEAR SALES REACH $410 MILLION
Inter Parfums Also Announces a 100% Increase in its Cash Dividend to $0.26 Per Share Annually
New York, New York, January 26, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that net sales for the final quarter of 2009 were approximately $113.6 million, a 13% increase from $100.4 million, in the fourth quarter of 2008. At comparable foreign currency exchange rates, net sales for the fourth quarter were up 3%. Thus, 2009 net sales of $410.1 million declined 8% from $446.1 million in 2008. At comparable foreign currency exchange rates, net sales for 2009 declined 7%. Inter Parfums plans to issue final results for the 2009 fourth quarter and year on or about March 10, 2010.
MONTBLANC AND INTER PARFUMS SIGN A FRAGRANCE LICENSE AGREEMENT
New York, New York – January 22, 2010: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its 75% owned Paris-based subsidiary, Inter Parfums SA, and Montblanc International GMBH have signed a license agreement to create, produce and distribute perfumes and ancillary products under the Montblanc brand. This license agreement is for ten and a half years and will take effect on July 1, 2010.
Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Executive VP & CFO, Russell Greenberg, will be addressing institutional investors at the Cowen and Company 8th Annual Consumer Conference at 10:30 am ET, Monday, January 11, 2010 at The Westin New York at Times Square.
INTER PARFUMS, INC. PROVIDES INITIAL GUIDANCE FOR 2010
New York, New York, November 23, 2009: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced its initial guidance for 2010 which calls for net sales of $440.0 million, and net income attributable to Inter Parfums, Inc. of approximately $23.5 million, or $0.78 per diluted share. Guidance assumes the dollar remains at current levels.
New York, New York, November 9, 2009: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the third quarter ended September 30, 2009.
Third Quarter 2009 Compared to Third Quarter 2008:
- Net sales declined 5% to $117.5 million from $123.5 million; at comparable foreign currency exchange rates, net sales were down 6% for the period;
- European-based operations generated sales of $104.0 million, a 4% decrease from $108.8 million;
- Sales by U.S.-based operations declined 8% to $13.5 million from $14.7 million;
- Gross margin was 57% compared to 55%;
- S, G & A expense as a percentage of sales was 45% for both periods;
- Operating margins increased to 11.8% of net sales as compared to 9.1% of net sales;
- Operating income rose to $13.9 million, up 23% from $11.3 million;
- Net income attributable to Inter Parfums, Inc. increased 17% to $7.3 million as compared to $6.2 million; and,
- Basic and diluted earnings per share increased 20% to $0.24 from $0.20.
INTER PARFUMS and JIMMY CHOO SIGN A FRAGRANCE LICENSE AGREEMENT
New York, New York, October 5, 2009: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that its subsidiary, Inter Parfums SA, and Jimmy Choo have signed a 12-year worldwide license agreement commencing on January 1, 2010 for the creation, development and distribution of fragrances under the Jimmy Choo brand.
INTER PARFUMS, INC. REPORTS SECOND QUARTER RESULTS
New York, New York, August 10, 2009: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the second quarter ended June 30, 2009.
- Net sales declined to $88.6 million or 10.6% from $99.1 million; at comparable foreign currency exchange rates, net sales were down 3% for the period;
- Sales by European-based operations were $79.4 million, down 5% from $83.9 million;
- Sales by U.S.-based operations declined 39% to $9.2 million from $15.2 million;
INTER PARFUMS, INC. REPORTS FIRST QUARTER RESULTS
New York, New York, May 11, 2009: Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the first quarter ended March 31, 2009.
First Quarter 2009 Compared to First Quarter 2008:
ˇ Net sales declined 27% to $90.4 million from $123.2 million; at comparable foreign currency exchange rates, net sales were down 21% for the period;
INTER PARFUMS, INC. REPORTS FOURTH QUARTER AND YEAR-END RESULTS
New York, New York, March 11, 2009 -- Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced results for the fourth quarter and year ended December 31, 2008.
Fourth Quarter 2008 Compared to Fourth Quarter 2007
Net sales declined nearly 16% to $100.4 million compared to $119.4 million; at comparable foreign currency exchange rates, net sales declined 9%;
Sales by European based operations were $83.2 million, or 14% lower than last year’s $96.6 million;
U.S. based operations generated $17.2 million in sales, down 24% from $22.8 million;
Gross margin was 57% compared to 58% in the fourth quarter of 2007;
S, G & A expense as a percentage of sales was 42% compared to 44%;
Operating margin was 13.7% for both periods;
Net income was $5.1 million compared to $8.6 million; and,
Diluted earnings per share were $0.17 compared to $0.28.
New York, New York, February 23, 2009: Inter Parfums, Inc. today announced that it has recruited Gary McNatton and his team at Through Smoke Creative of Sausalito, CA, as its creative director for Gap personal care products.