Inter Parfums, Inc. Reaffirms Earnings Guidance for the Full Year 2022
August 09, 2022 at 04:05 pm
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Inter Parfums, Inc. reaffirmed its earnings guidance for the full year 2022. For the year, The company expects record year-to-date sales combined with orders scheduled for shipment in the second half of the year point to 2022 net sales of approximately $1 billion, resulting in diluted net income per share of $3.25.
Inter Parfums, Inc. manufactures, markets and distributes a range of fragrance and fragrance related products. The Company has two segments. The Company produces and distributes its fragrance products under license agreements with brand owners, and fragrance product sales through its European based operations segment. It has built a portfolio of brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, and Van Cleef & Arpels, whose products are distributed in approximately 120 countries around the world. Its brand fragrance products are also produced and marketed through its United States based operations. These fragrance products are sold under trademarks owned by the Company or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, and Ungaro.
INTER PARFUMS, INC. 
