Interparfums beats by $0.12, reports revs in-line; lowers FY25 guidance (91.25 1.67)
- Reports Q3 (Sep) earnings of $2.05 per share, excluding non-recurring items, $0.12 better than the FactSet Consensus of $1.93; revenues rose 1.2% year/year to $429.8 mln vs the $430 mln single analyst estimate.
- Co issues lowered guidance for FY25, sees EPS of $5.12 from $5.25, excluding non-recurring items, vs. $5.20 FactSet Consensus; sees FY25 revs of $1.47 bln from $1.51 bln vs. $1.5 bln FactSet Consensus.
- Mr. Atwood concluded, "Since November 2024, we have maintained our full-year 2025 guidance with confidence in our operational agility and disciplined execution. While our fundamentals remain strong with a healthy innovation pipeline, strong partnerships with global distributors and retailers, and a resilient consumer base, we are updating our 2025 guidance to reflect slower than anticipated growth through September of this year, amid ongoing macroeconomic uncertainty and moderating demand in several international markets outside the United States. We now expect $1.47 billion in sales, up 1% year-over-year, leading to diluted earnings per share of $5.12, flat compared to full-year 2024."