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IPARBullishEarningsnews
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Inter Parfums' (IPAR) Q2 Sales Rise on Robust Fragrance Demand

Jul 24, 2024, 9:41 AM EDT1 sourcesAI-analyzed

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IPAR's shares rose 8.9% after record Q2 net sales. Net sales increased 11% to $342 million for Q2 2024. Strong sales driven by new licenses like Roberto Cavalli. Management maintains 2024 sales guidance despite market challenges. Europe-based sales rose 14%, led by Jimmy Choo's 31% growth.

  • IPAR's shares rose 8.9% after record Q2 net sales.
  • Net sales increased 11% to $342 million for Q2 2024.
  • Strong sales driven by new licenses like Roberto Cavalli.
  • Management maintains 2024 sales guidance despite market challenges.
  • Europe-based sales rose 14%, led by Jimmy Choo's 31% growth.

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