Interparfums Reports Record Earnings, Plans Expansion

Interparfums, Inc. reported robust financial results for Q4 and the full year of 2024, achieving record sales of $1.452 billion and adjusted earnings per share of $5.18, exceeding guidance. The company maintained a positive outlook for 2025, projecting revenues of $1.51 billion and per-share earnings of $5.35, in line with analyst expectations. Its expansion strategy includes the successful launch of new brands like Lacoste and Roberto Cavalli, alongside innovative products such as its first proprietary niche brand, Solférino. Despite challenges in the market, including currency fluctuations and regulatory issues, the company reported a 10% increase in sales and reaffirmed its commitment to growth. Analysts maintain varied price targets for Interparfums, with a consensus price of $151, reflecting a broad range of market perceptions. The company's strong performance is underscored by significant cash reserves and an operating margin improvement, indicating a solid position moving forward.