Key Developments: Inter Parfums Inc (IPAR.O)
30.45USD
20 May 2013
$-0.05 (-0.16%)
$30.50
$30.60
$31.01
$30.40
103,528
116,129
$31.88
$15.17
Latest Key Developments (Source: Significant Developments)
Inter Parfums Inc Declares Regular Quarterly Cash Dividend
Inter Parfums Inc announced a regular quarterly cash dividend of $0.12 per share will be paid on July 15, 2013 to shareholders of record on June 28, 2013. Full Article
Inter Parfums Inc Raises FY 2013 Guidance
Inter Parfums Inc announced that based upon its strong first quarter performance and expectations for the remainder of the year, the Company is raising its fiscal 2013 guidance and currently expects net sales to reach approximately $510 million resulting in net income of between $1.00 and $1.02 per diluted share. Previous guidance called for net sales of $480 million with resulting net income in the range of $0.90 to $0.92 per diluted share. Full Article
Inter Parfums Inc Reaffirms FY 2013 Guidance; Announces 50% Increase In Cash Dividend
Inter Parfums Inc announced that for fiscal 2013, it remains confident in guidance of $480 million in net sales resulting in net income attributable to Inter Parfums, Inc. in range of $0.90 to $0.92 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.92 for fiscal 2013. The Company also announced that the Board of Directors of Inter Parfums authorized a 50% increase in the annual dividend to $0.48 per share. The next quarterly dividend of $0.12 per share will be paid on April 15, 2013 to shareholders of record on March 29, 2013. Full Article
Inter Parfums Inc Raises FY 2013 Guidance
Inter Parfums Inc announced that for fiscal 2013, it is increasing guidance for fiscal 2013 to approximately $480 million in net sales resulting in net income attributable to Inter Parfums, Inc. in range of $0.90 to $0.92 per diluted share. As was the case with previous guidance of net sales of approximately $460 million and $0.86 per diluted share attributable to Inter Parfums, Inc., the new guidance factors in the impact of the transition agreement with Burberry through March 31, 2013, as well as the introduction of new scents for Jimmy Choo, Lanvin, Van Cleef & Arpels, Boucheron, Repetto, Anna Sui and bebe. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $461 million and EPS of $0.84 for fiscal 2013. Full Article
Inter Parfums Inc Signs License Agreement for Alfred Dunhill Fragrances
Inter Parfums Inc announced that it has entered into a ten-year exclusive worldwide fragrance license to create, produce and distribute perfumes and fragrance-related products under the Alfred Dunhill Limited (dunhill) brand. The agreement commences on April 3, 2013 and replaces a previous license agreement with Procter & Gamble that terminates on April 3, 2013. Inter Parfums will take over production and distribution of the existing Alfred Dunhill fragrance collections. Sales of current fragrances are planned for Spring 2013 and a new men`s scent is contemplated for 2014. Full Article
Inter Parfums Inc Issues FY 2013 Guidance; Earnings Guidance Below Analysts' Estimates
Inter Parfums Inc announced that for fiscal 2013, it expects net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million, or $0.86 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $454 million, net income of $24 million and EPS of $0.81 for fiscal 2013. Full Article
Inter Parfums Inc Reaffirms FY 2012 Guidance-Conference Call
Inter Parfums Inc announced that the Company is on track to achieve fiscal 2012 guidance, which anticipates net sales of approximately $632 million, net income attributable to Inter Parfums of approximately $35.9 million, or $1.17 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $637 million, net income of $36 million and EPS of $1.19 for fiscal 2012. Full Article
Inter Parfums Inc Declares Regular Quarterly Cash Dividend
Inter Parfums Inc announced that it has declared a regular quarterly cash dividend of $0.08 per share will be payable on January 15, 2013 to shareholders of record on December 31, 2012. Full Article
Inter Parfums Inc And Karl Lagerfeld Sign New Exclusive Fragrance License Agreement
Inter Parfums Inc announced that Karl Lagerfeld, its subsidiary and the creator of prestige perfumes and cosmetics, have signed a worldwide and exclusive license agreement to create, produce and distribute perfumes under the Karl Lagerfeld brand. This 20-year agreement starting replaces a previous license between the Karl Lagerfeld and Coty companies which was terminated by mutual consent. The launch of a new fragrance line is scheduled for 2014. Full Article
Inter Parfums, Inc. Reaffirms FY 2012 Guidance
Inter Parfums, Inc. announced that for fiscal 2012, it expects sales guidance to be $632 million, net income attributable to be approximately $35.9 million or $1.17 per diluted share. Full Article
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