IPAR Earnings Prediction
The chart below shows how IPAR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IPAR sees a +1.33% change in stock price 10 days leading up to the earnings, and a -1.94% change 10 days following the report. On the earnings day itself, the stock moves by -0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
IPAR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
424.63M
15.40%
24.08%
Gross Margin
55.85%
-0.20%
-1.36%
Operating Margin
24.96%
5.32%
31.78%
Net Margin
18.09%
0.67%
32.82%
EPS
1.93
16.27%
69.30%
No Data Available
IPAR Earnings Analysis
Inter Parfums Inc Corporation (IPAR.O) Earnings Conference Call
Positive
Historic Sales Achievement: 1. Record Sales Performance: Interparfums achieved the best third quarter and best quarter in its history, with sales growth of 12% in North America, 25% in Western Europe, and 15% in Asia Pacific.
Travel Retail Sales Surge: 2. Strong Growth in Travel Retail: The Travel Retail business saw a 24% increase in sales year-to-date, contributing approximately 7% to net sales, moving closer to the target of 10%.
Direct Sales Improvement: 3. Increased Direct Sales: Direct sales to retailers and travel retail represented 37% of net sales, up from 35% the previous year, indicating a positive trend in sales channels.
Operating Margin Improvement: 4. Improved Operating Margin: The operating margin for the third quarter improved to 25%, compared to 23.7% in the same period last year, reflecting operational efficiency.
Cash Flow Surge: 5. Significant Cash Flow Improvement: Net cash provided by operating activities reached $76 million in the third quarter, a substantial increase from $18 million in the prior year, showcasing strong cash flow generation.
Negative
Foreign Exchange Impact: 1. Foreign Exchange Losses: The net income was negatively impacted by foreign exchange losses of $3.3 million in Q3 2024, compared to a gain of $0.7 million in the prior year, resulting in a year-over-year swing of approximately $4 million.
Rising SG&A Expenses: 2. Increased SG&A Expenses: SG&A expenses rose by 12% in Q3 2024, representing 38.9% of net sales, compared to 40.2% in the same period last year, indicating a significant increase in operational costs despite sales growth.
Operating Margin Decline: 3. Decline in Operating Margin: The year-to-date operating margin decreased to 21.9% from 23.5% in the first nine months of 2023, reflecting a decline in profitability despite strong sales performance.
Accounts Receivable Concerns: 4. Accounts Receivable Growth: Accounts receivable increased by 41% from year-end 2023, raising concerns about cash flow management despite strong sales levels, with days sales outstanding rising to 83 days from 72 days.
Inventory Levels Increase: 5. Inventory Buildup: Inventory levels increased by 9% from year-end 2023, indicating potential overstocking issues as the company works to maintain service levels and support new product launches.
IPAR FAQs
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IPAR Earning Call Sentiment
Interparfums, Inc. (IPAR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
IPAR.O
-0.22%Positive
The earnings call highlights record sales, strong market expansion, and strategic partnerships, which are positive indicators. Despite some concerns over inventory and foreign exchange losses, the company's reaffirmed guidance for net sales and EPS, along with optimistic market trends and new product launches, suggest a positive outlook. The market cap indicates moderate sensitivity, leading to a likely 2-8% stock price increase over the next two weeks.
