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Inter Parfums, Inc. (IPAR) CEO Jean Madar on Q4 2019 Results - Earnings Call Transcript

Mar. 03, 2020 4:09 PM ETInter Parfums, Inc. (IPAR)
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Inter Parfums, Inc. (NASDAQ:IPAR) Q4 2019 Results Conference Call March 3, 2020 11:00 AM ET

Company Participants

Jean Madar - Chairman and Chief Executive Officer

Russell Greenberg - Executive Vice President and Chief Financial Officer

Conference Call Participants

Linda Bolton Weiser - D.A. Davidson

Wendy Nicholson - Citigroup

Stephanie Wissink - Jefferies

Hamed Khorsand - BWS Financial


Greetings and welcome to the Inter Parfums’ fourth quarter and year end 2019 conference call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Russell Greenberg, Executive Vice President and Chief Financial Officer. Thank you sir, you may begin.

Russell Greenberg

Thank you, operator. Good morning and welcome to our 2019 fourth quarter and year-end conference call. We will proceed with our standard format. After I review financial performance, Jean Madar, our Chairman and CEO, will provide an overview of our business and update you on our future plans. Then, we will open the floor to questions.

Before proceeding further, I just want to remind listeners that this conference call may contain Forward-Looking Statements, which involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from projected results. These factors include, but are not limited to the risks and uncertainties discussed under the headings Forward-Looking Statements and Risk Factors in our Annual Report on Form 10-K and the reports we file from time to time with the Securities and Exchange Commission. We do not intend to and undertake no duty to update the information discussed.

When we refer to our European-based operations, we are primarily talking about sales of prestige fragrance products conducted through our 73% owned French

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