Interparfums Posts 7% Q4 Sales Rise, FY EPS $5.24 and $3.20 Dividend
Interparfums posted fourth-quarter net sales of $386 million, up 7%, and full-year sales of $1.489 billion, a 2% increase, while diluted EPS rose 16% to $0.88 in Q4 and 2% to $5.24 for 2025. The company reaffirmed its 2026 sales and earnings guidance and declared a $3.20 annual cash dividend.
1. Sales and EPS Performance
Interparfums delivered record sales of $386 million in the 2025 fourth quarter, a 7% year-over-year increase, and full-year net sales of $1.489 billion, up 2%. Diluted EPS climbed 16% to $0.88 in Q4 and 2% to $5.24 for the full year, supported by strong brand momentum.
2. Margin Trends and Currency Impact
Gross margin compressed by 300 basis points to 61.5% in Q4 and by 20 basis points to 63.6% for the year, reflecting higher costs and mix shifts. Favorable dollar/euro rates contributed a 3% FX benefit in Q4 and a 2% benefit for the full year.
3. Brand and Regional Highlights
Top seven brands, representing 77% of sales, grew 8% in Q4 and 5% for the year, led by Coach’s 15% rise and Jimmy Choo’s 6% gain. North America, Western Europe and Central/South America saw growth of 3%, 5% and 11% respectively, while Lacoste and Cavalli surged over 23% and 33%.
4. Outlook and Capital Return
The company reaffirmed its 2026 revenue and earnings guidance and maintained an annual dividend of $3.20 per share. Management highlighted upcoming launches for Annick Goutal, Off-White and Longchamp, plus extended licenses with Guess, David Beckham and Nautica as growth drivers for 2026 and beyond.