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INTERPARFUMS INC Earnings Release 2024

Aug 6, 2024

31321_rns_2024-08-06_bfddeb74-42ea-4c59-b7a8-44773b260ec0.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): August 6, 2024

Inter Parfums , Inc.

(Exact name of Registrant as specified in its charter)

Delaware 0-16469 13-3275609
(State or other jurisdiction of incorporation or organization) Commission File Number (I.R.S. Employer Identification No.)

551 Fifth Avenue , New York , NY 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 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-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 (§240.12b-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. ☐

Item 2.02 Results of Operations and Financial Condition

Certain portions of our press release dated August 6, 2024, 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 paragraph, 2 nd paragraph (consisting of a table), 3 rd , through 5 th , 11 th through 13 th and 15 th through 16 th full paragraphs relating to results of operations for the second quarter of 2024
  • Portions of the 9 th and 14 th paragraphs relating to the results of operations for the second quarter of 2024
  • The 8 th paragraph relating to the previously announced Van Cleef & Arpels license extension
  • The 17 th paragraph relating to balance sheet items
  • The 20 th through 23 rd paragraphs relating to the previously announced 2024 second quarter conference call scheduled for August 7, 2024
  • The consolidated statements of income and consolidated balance sheets

Item 7.01 Regulation FD Disclosure

Certain portions of our press release dated August 6, 2024, 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 and 7 th paragraphs relating to product line extensions and new product launches for the second half of 2024
  • Portion of the 9 th paragraph relating to operations momentum for the remainder of the year
  • The 10 th paragraph relating to new product launches anticipated for 2025
  • Portion of the 14 th paragraph relating to budgeting of promotional and advertising expenditures for the remainder of the year
  • The 18 th paragraph relating to reaffirming 2024 guidance
  • The 26 th paragraph relating to forward looking information
  • The balance of such press release not otherwise incorporated by reference in Items 2.02 or 8.01

Item 8.01 Other Events

  • The 19 th paragraph relating to dividends

Item 9.01 Financial Statements and Exhibits .

99.1 Our press release dated August 6 , 202 4

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: August 6, 2024

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