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

Benzinga·04/23/2025 20:45:15
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Reaffirms FY2025 Guidance

2025 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 Guidance

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.