Fri, Oct. 2, 8:36 AM
Mon, Aug. 10, 10:06 AM
- Inter Parfums (NASDAQ:IPAR) is down 10.1% in early trading after Friday's release of Q2 sales disappointed.
- Revenue from the company's European base of operations fell 18.6% to $77M.
- Demand for Montblanc products tailed off in key markets during the quarter.
- Previously: Inter Parfums misses by $0.03, revenue in-line (Aug. 07 2015)
Fri, Aug. 7, 4:06 PM
Thu, Aug. 6, 5:35 PM
Mon, Jun. 29, 2:44 PM
- Shares of Elizabeth Arden (NASDAQ:RDEN) are up 4.3% on above-average volume.
- Inter Parfums (IPAR +0.6%) and USANA Health Sciences (USNA +1.1%) also defying the down day for global markets with small gains.
- Personal care stocks have been volatile recently on increased M&A speculation with Coty circling around P&G's beauty assets.
Tue, Jun. 16, 9:56 AM
- Coty (COTY +14.7%) pops after reports indicate the company landed Procter & Gamble's (PG +1.2%) beauty product assets.
- Final details on the deal aren't expected to be disclosed for another two weeks, according to sources.
- Early analysis on Coty's aggressive play is favorable with some industry watchers noting the company will gain a pricing edge and operating efficiency at scale through the acquisition.
- Indications are that the deal will be structured as a Reverse Morris Trust where P&G will spin off the assets into a new entity that will absorb Coty.
- Shares of Elizabeth Arden (RDEN +1.5%), Inter Parfums (IPAR +0.8%), and Estee Lauder (EL +1.2%) are also active on the day off the consolidation move in the sector.
- Previously: P&G assets on the block (Jun. 09 2015)
- Previously: Report: Coty acquires beauty product lines from P&G for $12B (Jun. 15 2015)
Mon, May 11, 4:35 PM
Sun, May 10, 5:35 PM
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Thu, Apr. 23, 5:03 PM
Fri, Mar. 20, 12:54 PM
- The beauty industry saw a 4% drop in shoppers last year, according to data from NPD Group.
- The research firm found that half of all beauty product shoppers focus on items on sale when making their purchasing decisions.
- Makeup and fragrance products are the categories most likely to benefit from extra discretionary income, notes NDP.
- Related stocks: RDEN, REV, IPAR, AVP, EL, SBH, ULTA, OTCPK:LRLCY.
Thu, Mar. 19, 8:19 AM
- Inter Parfums (NASDAQ:IPAR) announces it acquired the Rochas business from Procter & Gamble (NYSE:PG) through a subsidiary.
- The price of the acquisition was $108M.
- The deal will include the Femme, Madame, and Eau de Rochas fashion brands.
- The transaction is expected to close in the first half of Q1.
- Previously: Bloomberg: Procter & Gamble weighing which beauty brands will go (Mar. 16 2015)
Thu, Mar. 12, 10:09 AM
- Inter Parfums (IPAR +10.2%) shoots higher after beating Q4 earnings estimates.
- The impact of foreign currency translation is a major factor with Inter Parfums as fair chunk of the company's sale are denominated in U.S. dollars and costs are paid off in euros.
- The company improved its gross margin rate by 210 bps to 59.4% during the quarter and recorded a slim operating profit of $.4M.
Wed, Mar. 11, 4:13 PM
Tue, Mar. 10, 5:35 PM
Thu, Feb. 5, 10:36 AM
- The beauty sector is having a solid day after Coty and Estee Lauder both top profit estimates.
- Solid holiday sales helped take some of the sting off of a tough foreign currency translation environment.
- The color cosmetics category out-performed during the period.
- Gainers: Coty (NYSE:COTY) +8.3%, Elizabeth Arden (NASDAQ:RDEN) +3.5%, Inter Parfums (NASDAQ:IPAR) +1.0%, Estee Lauder (NYSE:EL) +6.7%, Revlon (NYSE:REV) +1.2%, Ulta Salon (NASDAQ:ULTA) +1.0%.
Tue, Jan. 27, 10:13 AM
IPAR vs. ETF Alternatives
Inter Parfums Inc operates in the fragrance business, and manufactures, markets and distributes fragrances and fragrance related products. It operates in two segments namely European based operations and United States based operations.
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