Inter Parfums, Inc. Provides Initial 2020 Guidance - Seite 2

Nachrichtenquelle: Business Wire (engl.)
20.11.2019, 22:08  |  168   |   |   

Mr. Madar went on to say, “GUESS is driving the top line growth of our U.S. operations, and the brand should rank among our top five across both of our business platforms in 2020. Come the spring, we will unveil our first blockbuster fragrance pillar called Bella Vita domestically, followed in the fall by an international rollout. The spring launch of Sky by Anna Sui should stimulate brand sales starting in the first quarter of 2020. Also in the first quarter, the Oscar de la Renta Bella pillar will add Bella Essence to the family tree, which now includes Bella Blanca and Bella Rosa. Our Graff multi-scent collection will be sold exclusively at Harrod’s beginning in March 2020 with selective luxury distribution planned for the fall. Brand extensions dominate our plans for Dunhill next year. In addition, we also have brand extension duos planned for Abercrombie and for Hollister.”

Founded in 1982, Inter Parfums, Inc. develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Dunhill, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, MCM, Montblanc, Oscar de la Renta, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels. Inter Parfums is also the owner of Lanvin fragrances and the Rochas brand. Through its global distribution network, the Company’s products are sold in over 120 countries.

Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions or expectations will be achieved. In some cases you can identify forward-looking statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would," or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and "Risk Factors" in Inter Parfums' annual report on Form 10-K for the fiscal year ended December 31, 2018 and the reports Inter Parfums files from time to time with the Securities and Exchange Commission. Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.

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Inter Parfums, Inc. Provides Initial 2020 Guidance - Seite 2 Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced initial 2020 guidance, which calls for record net sales of approximately $742 million, resulting in net income of approximately $2.00 per diluted share. Guidance assumes that the average …

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