Trade Inter Parfums Inc - IPAR CFD

Inter Parfums Company profile

About Inter Parfums, Inc.

Inter Parfums, Inc. operates in the fragrance business that manufactures, markets and distributes an array of fragrance and fragrance-related products. It operates through two segments: European based operations and United States based operations. The European Operations segment produces and distributes its fragrance products under license agreements with brand owners. It has a portfolio of prestige brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Moncler, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont and Van Cleef & Arpels. The United States operations segment market fragrance and fragrance-related products. Its prestige brand fragrance products are also marketed through its United States operations. The United States based operations segment sells fragrance products under various names, which include Abercrombie & Fitch, Anna Sui, bebe, Dunhill, French Connection, Graff, GUESS, Hollister, MCM and Oscar de la Renta brands.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Inter Parfums, Inc. revenues increased 63% to $879.5M. Net income increased from $38.2M to $87.4M. Revenues reflect Europe segment increase of 57% to $663.3M, United States segment increase of 84% to $216.6M, North America segment increase of 83% to $354.1M, Europe segment increase of 51% to $271.6M. Net income benefited from (Gain) loss on foreign currency increase from $2.2M (expense) to $2.3M (income).

Equity composition

Common Stock $.001 Par, 06/11, 100M auth., 40,455,373 issd., less 10,009,492 shs in Treas. @ $34.2M. Insiders own approx. 46.52%. PO 2/88, 625K units (4Comm. +1Warr.) @ $4 by M.H. Meyerson Co. 7/90, 2-for-5 reverse split; 6/00, 9/01, 12/92, 3-for-2 stock splits. 06/08, 3-for-2 stock split.