Dec 31, 2024

Inter Parfums Q4 2024 Earnings Report

Inter Parfums Q4 2024 Earnings Report

Key Takeaways

Inter Parfums reported record Q4 2024 results with net sales of $362 million, a 10% increase year-over-year. The company achieved EPS of $0.75 and non-GAAP EPS of $0.82, driven by strong performance across key brands and markets.

Net sales increased to $362 million, up 10% from Q4 2023.

Operating income before impairment rose 112% to $40 million.

Diluted EPS reached $0.75, a 132% increase year-over-year.

The company's top brands drove solid growth across all regions.

Total Revenue
$362M
Previous year: $329M
+10.1%
EPS
$0.82
Previous year: $0.32
+156.2%
Average Euro Exchange Rate
1.07
Advertising & Promotion Expense
281,000,000%
Previous year: 107,000,000%
+162.6%
Gross Margin
64.5%
Gross Profit
$233M
Previous year: $213M
+9.6%
Cash and Equivalents
$125M
Previous year: $183M
-31.5%
Total Assets
$1.41B
Previous year: $1.37B
+3.1%

Inter Parfums

Inter Parfums

Inter Parfums Revenue by Geographic Location

Forward Guidance

Inter Parfums anticipates continued growth in 2025 with net sales expected to reach $1.51 billion and EPS projected at $5.35. The company remains confident despite economic uncertainties and unfavorable foreign exchange impacts.

Positive Outlook

  • Projected net sales of $1.51 billion for 2025.
  • EPS guidance of $5.35, a 4% increase from 2024.
  • Robust demand for key brands expected to continue.
  • Continued investment in new product launches.
  • Increased dividend reflecting strong financial position.

Challenges Ahead

  • Potential impact of economic uncertainties on sales.
  • Unfavorable foreign exchange impacts.
  • Moderation of fragrance market growth.
  • Higher amortization costs related to brand licenses.
  • Retail destocking affecting near-term sales growth.

Revenue & Expenses

Visualization of income flow from segment revenue to net income