8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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 24, 2018

Inter Parfums, Inc.

(Exact name of registrant as specified in its charter)

Delaware	0-16469	13-3275609
(State or other jurisdiction of incorporation or organization)	Commission File Number	(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)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

        Certain portions of our press release dated October 24, 2018, 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. They are as follows:

● Portions of the 1^st paragraph relating to sales for the third quarter of 2018

● The 2^nd paragraph (consisting of a table) relating to sales for the third quarter and the first nine months of 2018

● Portions of the 3^rd paragraph relating to sales of European Operations for the third quarter and first nine months of 2018

● The 4^th paragraph relating to sales of United States Operations for the third quarter of 2018

Item 7.01. Regulation FD Disclosure.

        Certain portions of our press release dated October 24, 2018, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 7.01 and Regulation FD. They are as follows:

● The last sentence of the 1^st paragraph relating to the plans to issue results for the third quarter of 2018 on November 5, 2018

● The last sentence of the 3^rd paragraph relating to the launch of Rochas Moustache

● The 5^th paragraph relating to the proposed 2019 new product launch schedule

● The 6^th paragraph relating to 2018 guidance and release date for 2019 initial guidance

● The 8^th paragraph relating to forward looking information

● The balance of such press release not otherwise incorporated by reference in Item 2.02

Item 9.01 Financial Statements and Exhibits.

99.1 Our press release dated October 24, 2018.

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 24, 2018

Inter Parfums, Inc.
By:	/s/ Russell Greenberg
	Russell Greenberg, Executive Vice President

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

INTER PARFUMS, INC. REPORTS 4.5% INCREASE IN 2018 THIRD QUARTER SALES

AFFIRMS 2018 SALES GUIDANCE AND INCREASES 2018 EARNINGS GUIDANCE

New York, New York, October 24, 2018: Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that for the three months ended September 30, 2018, net sales increased 4.5% to $177.2 million as compared to $169.5 million for the corresponding period of the prior year. At comparable foreign currency exchange rates, consolidated third quarter net sales increased 5.4%. Inter Parfums plans to issue results for the 2018 third quarter after the close of the market on November 5, 2018.

Net Sales:

	Three months ended September 30,							Nine Months Ended September 30,
	2018		2017		% Change			2018		2017		% Change
	($ in millions)
European based product sales	$	137.8	$	134.6		2.4	%	$	402.8	$	361.0		11.6	%
United States based product sales		39.4		34.9		12.9	%		95.5		80.7		18.4	%
	$	177.2	$	169.5		4.5	%	$	498.3	$	441.7		12.8	%

Discussing European based operations, Jean Madar, Chairman & CEO of Inter Parfums stated, “Although there were no major launches in the current third quarter two of our largest brands, Jimmy Choo and Coach, achieved substantial comparable quarter growth. The rollout of Jimmy Choo Fever in the summer fueled the brand’s 19.7% sales gain, while the 40.9% increase in Coach sales was driven by the continued popularity of the Coach signature lines for women and men launched in 2016 and 2017, respectively, as well as the success of flankers, Coach Floral and Coach Platinum, that rolled out in 2018. Despite no major launches this year, Montblanc, Lanvin and Rochas year-to-date net sales are running slightly ahead of the first nine months of last year. We are also in the process of launching Rochas Moustache, our first new men’s scent for the brand.”

Discussing the nearly 13% increase in third quarter sales by U.S. based operations, Mr. Madar continued, “The inclusion of GUESS legacy fragrances produced a boost to our sales. There was also top line growth in Abercrombie & Fitch and Hollister brand sales, attributable in great part to the recent launches of First Instinct brand extensions and the Festival Vibes duo, respectively. With the popularity of Anna Sui fragrances throughout Asia, we continue to enjoy dramatic increases in brand sales in that region.”

Mr. Madar also pointed out, “We have a very active launch schedule for the coming year with new products rolling out for Montblanc, Jimmy Choo, Lanvin, Coach and Rochas for European based operations and for Dunhill, GUESS, and Abercrombie & Fitch for U.S. based operations.”

Exhibit 99.1

Page 2

Inter Parfums, Inc. News Release

October 24, 2018

Guidance

Russell Greenberg, Executive Vice President and Chief Financial Officer, concluded, “Our full year 2018 sales guidance remains unchanged as we continue to anticipate approximately $665 million in net sales. However, we now anticipate net income per diluted share attributable to Inter Parfums, Inc. to come in at approximately $1.61. Guidance assumes the dollar remains at current levels. In addition, we have scheduled November 12, 2018, after the close of the market, for the release of our initial 2019 guidance.”

Founded more than 30 years ago, Inter Parfums, Inc. is a premier fragrance company with a diverse portfolio of prestige brands that includes Abercrombie & Fitch, Agent Provocateur, Anna Sui, Boucheron, Coach, Dunhill, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Lanvin, Montblanc, Oscar de la Renta, Paul Smith, Repetto, Rochas, S.T. Dupont and Van Cleef & Arpels. The fragrance products developed, produced and distributed by Inter Parfums are sold in more than 100 countries throughout the world.

Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would," or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and "Risk Factors" in Inter Parfums' annual report on Form 10-K for the fiscal year ended December 31, 2017 and the reports Inter Parfums files from time to time with the Securities and Exchange Commission. Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.  

Contact at Inter Parfums, Inc.	-or-	Investor Relations Counsel
Russell Greenberg, Exec. VP & CFO		The Equity Group Inc.
(212) 983-2640		Fred Buonocore (212) 836-9607/fbuonocore@equityny.com
rgreenberg@interparfumsinc.com		Linda Latman (212) 836-9609/llatman@equityny.com
www.interparfumsinc.com		www.theequitygroup.com