-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LwpZQrRJCuH8No18kW+ebuN+asdnE2qLAEw7esjvZfThlIrL267EQ68clQzcQi9m OkTzNNylV6iHF1nk57DUQw== 0000822663-04-000025.txt : 20040414 0000822663-04-000025.hdr.sgml : 20040414 20040414092557 ACCESSION NUMBER: 0000822663-04-000025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040413 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040414 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTER PARFUMS INC CENTRAL INDEX KEY: 0000822663 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 133275609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16469 FILM NUMBER: 04731771 BUSINESS ADDRESS: STREET 1: 551 FIFTH AVE STREET 2: STE 1500 CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 2129832640 MAIL ADDRESS: STREET 1: 551 FIFTH AVENUE STREET 2: STE 1500 CITY: NEW YORK STATE: NY ZIP: 10176 FORMER COMPANY: FORMER CONFORMED NAME: JEAN PHILIPPE FRAGRANCES INC DATE OF NAME CHANGE: 19920703 8-K 1 cover041304.htm INTER PARFUMS.8-K.04.13.04

Securities and Exchange Commission
Washington, D.C. 20549

 

Current Report on Form 8-K

 

Current Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported):

13 April 2004

 

Inter Parfums, Inc.
(Exact name of Registrant as specified in its charter)

Commission File Number 0-16469

Delaware
(State or other jurisdiction of
incorporation or organization)
13-3275609
(I.R.S. Employer
Identification No.)

 

551 Fifth Avenue, New York, New York 10176
(Address of Principal Executive Offices)

 

212. 983.2640
(Registrant's Telephone number, including area code)

 

Item 7.  Exhibits.

99.1 Press release of the Registrant dated 13 April 2004.

Item 9. Regulation FD Disclosure.

            On 14 January 2004, Inter Parfums, Inc. issued a press release disclosing, among other things, estimated net sales and earnings for fiscal year ending 31 December 2004, a copy of which is annexed hereto. The third through fifth paragraphs of such release are incorporated by reference herein.

 Item 12. Results of Operations and Financial Condition.

            On 13 April 2004, Inter Parfums, Inc. issued a press release disclosing, among other things, net sales for the quarter ended 31 March 2004, a copy of which is annexed hereto. The second paragraph of such release is incorporated by reference herein.

             Statements in this report which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from projected results. Such factors include effectiveness of sales and marketing efforts and product acceptance by consumers, dependence upon management, competition, currency fluctuation, international tariff and trade barriers and governmental regulation. Given these uncertainties, persons are cautioned not to place undue reliance on the forward-looking statements.

 The information in this report is furnished pursuant to Item 9 and Item 12 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

 SIGNATURES

             Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and authorized this report to be signed on its behalf by the undersigned.

Dated: 13 April 2004

        Inter Parfums, Inc.

 

  By: /s/ Russell Greenberg
      Russell Greenberg, Executive Vice President
EX-99.1 CHARTER 3 ex99_041304.htm INTER PARFUMS.8-K.04.13.04 FIRST QUARTER SALES AND UPDATED

Exhibit 99.1

FOR IMMEDIATE RELEASE

INTER PARFUMS, INC. ANNOUNCES FIRST QUARTER SALES AND
UPDATES ITS GUIDANCE FOR 2004

 New York, New York, April 13, 2004: Inter Parfums, Inc. (NASDAQ National Market: IPAR) today announced first quarter sales and updated its 2004 sales and earnings guidance to include the anticipated impact of its recently completed acquisition of a majority interest in Nickel S.A. 

 Net sales for the first quarter were $58.4 million, up 55.3% compared to $37.6 million in the first quarter of 2003.  At comparable foreign currency exchange rates, net sales were 40% ahead of the same quarter last year.  The Company's previous estimate for first quarter net sales was $53 million.

The U.S. dollar has increased 6% relative to the Euro since the Company last issued sales and earnings guidance.  Despite such increase, Inter Parfums has raised its 2004 sales guidance to $222 million, which includes its recently acquired majority interest in Nickel S.A., and is maintaining its net income guidance of $15.8 million, as Nickel is not expected to be accretive this year.  For the next nine months, management plans to align Nickel distribution to that of Inter Parfums's current distribution network in the U.S. and overseas.  This sales and earnings guidance assumes the dollar remains at current levels.  In January, the Company reported that it expected 2004 sales to approximate $217 million.

 Jean Madar, Chairman and CEO of Inter Parfums, stated, "As the prelude to another record year, the first quarter is off to a strong start.  The continued geographic rollouts of products launched in the fall of 2003 gave the first quarter of 2004 its significant sales boost.  We have a strong new product line-up in the works for the second quarter including L'Eau de S.T. Dupont, Christian Lacroix Summer Fragrance, Celine Sensual Summer and later in the year, we have Paul Smith London debuting.  We are also looking forward to the launch in the fall of the Burberry Brit for men line in selected markets."

 Statements in this release which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from projected results. Such factors include effectiveness of sales and marketing efforts and product acceptance by consumers, dependence upon management, competition, currency fluctuation and international tariff and trade barriers and governmental regulation. Given these uncertainties, persons are cautioned not to place undue reliance on the forward-looking statements.

Inter Parfums develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Burberry, S.T. Dupont, Paul Smith, Christian Lacroix, Celine, Diane von Furstenberg and Nickel.  It is also a leading producer and supplier of mass market fragrances, cosmetics and personal care products.  The Company's products are sold in over 120 countries worldwide.

Contact at Inter Parfums, Inc.

or

Investor Relations Counsel
  Russell Greenberg, Exec. VP & CFO
(212) 983-2640 rgreenberg@interparfumsinc.com
www.interparfumsinc.com
 
  Linda Latman
(212)836-9609 / llatman@equityny.com
Sarah Torres
(212)836-9611 / storres@equityny.com
www.theequitygroup.com
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