-----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, D5Ur7M603XFPayXsP8dHp3yJu72IeYFoA0Dl6a/QQUzltN28xKehCY47uSFG7QkH FZ69UD50/NsJR5k+m/nRbQ== 0000822663-04-000043.txt : 20041013 0000822663-04-000043.hdr.sgml : 20041013 20041013164711 ACCESSION NUMBER: 0000822663-04-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041013 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20041013 DATE AS OF CHANGE: 20041013 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: 041077345 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 ip8k101304.htm INTER PARFUMS.8-K.10.13.04

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):
October 13, 2004

 

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

Commission File Number 0-16469

Delaware                                                                         13-3275609
(State or other jurisdiction of                                          (I.R.S. Employer
incorporation or organization)                                         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 2.02. Results of Operations and Financial Condition.

The first and second paragraphs relating to net sales for the third quarter of fiscal year ending December 31, 2004, and the third and fifth paragraphs relating to net sales for the nine month period ended September 30, 2004, of our press release dated October 13, 2004, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 2.02. 

Item 7.01. Regulation FD Disclosure.

The fourth paragraph relating to net sales and net income estimates for fiscal year ending December 31, 2004, the sixth paragraph relating to future product roll outs and launches, as well as the paragraph under the heading "Forward Looking Statements" of our press release dated October 13, 2004, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are furnished pursuant to Regulation FD.

In accordance with General Instruction B.2. of Form 8-K, the information furnished pursuant to Item 7.01 in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, 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.

Item 9.01 Financial Statements and Exhibits.

99.1 Our press release dated October 13,  2004. (The first, second, third and fifth paragraphs only are filed, and the balance of the release is furnished).

 

 

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: October 13, 2004

  Inter Parfums, Inc.

By: /s/ Russell Greenberg
      Russell Greenberg,
      Executive Vice President

EX-99.1 CHARTER 2 ex99_101304.htm INTER PARFUMS. EX 99.1 PRESS RELEASE 10.13.04

Exhibit 99.1

FOR IMMEDIATE RELEASE

INTER PARFUMS REPORTS RECORD THIRD QUARTER SALES OF
 $67 MILLION, AN INCREASE OF 16.7%
 

Increases 2004 Sales Guidance to $228 Million

New York, New York, October 13, 2004 - Inter Parfums, Inc. (NASDAQ National Market: IPAR) today reported record third quarter sales of $67 million, a 16.7% increase over last year's third quarter sales of $57.4 million.  At comparable foreign currency exchange rates, net sales were up 11% for the period.  Management expects to issue operating results for the current third quarter in the second week of November. 

The sales increase in the third quarter reflects the very successful launch of the Burberry Brit men's line in Europe, North America and Asia.  Also contributing to the growth was the introduction of Paul Smith London and sales of Lanvin fragrances were included as of July 1, 2004, when Inter Parfums acquired the fragrance license and inventory.

Sales for the first nine months of 2004 totaled $172.1 million,  an increase of 26.2% compared with $136.4 million, in the same period last year.  At comparable foreign currency exchange rates, net sales were up 21%. 

The Company also announced that it expects 2004 sales of $228 million, slightly ahead of its prior forecast of $225 million.  Management's guidance for 2004 net income remains at $15.8 million.

Commenting, Jean Madar, Chairman & CEO of Inter Parfums noted, "For the year-to-date, Burberry fragrance sales increased 34% driven by the excellent performances of the Burberry London, Burberry Weekend and Burberry Touch lines and the continued success of the Burberry Brit women's collection.  S.T. Dupont fragrances achieved sales growth approaching 5% due to the introduction of L'Eau de S.T. Dupont.  With the newest addition to Paul Smith fragrances, Paul Smith London, brand sales grew nearly 19%."

He went on to say, "The Burberry Brit men's line will continue to be rolled out over the coming months in South America and the Middle East.  The spring 2005 launches of new fragrance lines within our Christian Lacroix and Celine brands are on schedule."  

 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 Lanvin.  The Company also has controlling interest in Nickel S.A., a men's skin care company.  In addition, Inter Parfums is 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.

 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 renewal of existing license agreements, 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.

 

Contact at



 

 Inter Parfums, Inc. 
Russell Greenberg, Exec. VP & CFO
(212) 983-2640 
rgreenberg@interparfumsinc.com 
www.interparfumsinc.com

or



 
Investor Relations Counsel
The Equity Group Inc.
Linda Latman  (212)836-9609/llatman@equityny.com
www.theequitygroup.com
 
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