Earnings Alerts

Interparfums SA (ITP) Earnings: Strong 3Q Sales Surpass Estimates with 20% Growth

By October 22, 2024 No Comments
  • Interparfums’ third-quarter sales reached 257.6 million euros, a 20% increase year-over-year, surpassing estimates of 246.3 million euros.
  • North American revenue rose by 8.7% year-over-year, totalling 105.2 million euros.
  • In Asia, revenue increased by 19% year-over-year, amounting to 29.9 million euros.
  • Western Europe saw a significant revenue surge of 42% year-over-year, reaching 50.9 million euros.
  • Revenue from France grew by 16% year-over-year, totalling 12.5 million euros.
  • Sales at constant exchange rates experienced a 20.2% increase.
  • The company forecasts an operating margin of about 19% for the year.
  • Expected fourth-quarter sales are approximately 200 million to 210 million euros, which should support achieving the annual targets for 2024.
  • Market analysts have issued 8 buy, 3 hold, and 1 sell recommendations for Interparfums.

A look at Interparfums SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Interparfums SA, a company that specializes in creating and manufacturing branded perfumes under license, appears to have a promising long-term outlook based on Smartkarma Smart Scores. With impressive scores in Growth, Resilience, and Momentum, Interparfums SA seems well-positioned for future success. The company’s strong Growth score suggests potential for expansion and increased market share, while its Resilience score indicates a capacity to withstand economic challenges. Additionally, a solid Momentum score reflects positive investor sentiment and market dynamics in favor of the company.

Despite scoring lower in Value and Dividend, with scores of 2 and 3 respectively, the overall positive outlook for Interparfums SA is underscored by its strengths in Growth, Resilience, and Momentum. By leveraging these key factors, Interparfums SA may be poised for sustained growth and profitability in the competitive perfumes market, catering to apparel, jewelry, and accessories manufacturers. This suggests potential opportunities for investors seeking exposure to a company with favorable long-term prospects in the fragrance industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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