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INTERPARFUMS INC Earnings Release 2023

Feb 28, 2023

31321_rns_2023-02-28_40d00ecd-0890-4f44-beb5-cc3be6bf03de.zip

Earnings Release

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 28, 2023

Inter Parfums, Inc. (Exact name of Registrant as specified in its charter)

Delaware 0-16469 13-3255609
(State or other jurisdiction
of incorporation or organization) Commission File Number (I.R.S. Employer Identification No.)

551 Fifth Avenue, New York , New York 10176 (Address of Principal Executive Offices)

212 . 983.2640 (Registrant’s Telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 280.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 280.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 280.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

| Title
of each class | Trading
Symbol(s) | Name
of each exchange on which registered |
| --- | --- | --- |
| Common
Stock, $.001 par value per share | IPAR | The
Nasdaq Stock Market |

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§280.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 2.02 Results of Operations and Financial Condition

Certain portions of our press release dated February 28, 2023, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 2.02. They are as follows:

● The 1 st through 5 th , paragraphs, and the 8 th through 11 th paragraphs relating to results of operations

● The 12 th paragraph relating to balance sheet information

● The 15 th paragraph relating to the conference call to be held on March 1, 2023

● The tables of unaudited consolidated statements of income and consolidated balance sheets

Item 7.01. Regulation FD Disclosure

Certain portions of our press release dated February 28, 2023, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 7.01 and Regulation FD. They are as follows:

● The 6 th paragraph relating to 2023 new products launches and brand extensions

● Portions of the 7 th paragraph relating to the plan to launch a new Lacoste fragrance in 2024 and our search for additional brands

● The 13 th paragraph relating to 2022 guidance

● Paragraphs 17 and 18, About Inter Parfums, Inc.

● The 19 th paragraph relating to forward looking statements

● The balance of such press release not otherwise incorporated by reference in Items 2.02 or 8.01

Item 8.01 Other Matters

Certain portions of our press release dated February 28, 2023, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 8.01. They are as follows:

● Portions of the 7 th paragraph relating to the recent signings of the Lacoste license and extension of the Montblanc license.

● The 14 th paragraph relating to the increase of our cash dividend is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits .

99.1 Our press release dated February 28, 2023

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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and authorized this report to be signed on its behalf by the undersigned.

Dated: February 28, 2023

Inter Parfums, Inc.
By: /s/
Michel Atwood
Michel Atwood
Chief Financial Officer

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