The company maintains its 2026 sales outlook of $1.48 billion and EPS of $4.85.
Interparfums expects 2026 advertising and promotional spending to approach 21% of net sales.
The company plans extensive product launches in H2 2026 and major initiatives for 2027-2028.
Quarterly results
Fragrance producer's Q2 revenue rose 2% and slightly beat analyst expectations.
Q2 diluted EPS missed analyst consensus.
Growth in North America and Asia/Pacific offset declines in Eastern Europe and the Middle East.
Drivers of the quarter
Regional performance - Growth in North America and Asia/Pacific was offset by declines in Eastern Europe and the Middle East due to operational challenges and geopolitical conflict.
Brand mix - Strong sales from Coach, Jimmy Choo, Montblanc, GUESS, Donna Karan/DKNY, Ferragamo, and Roberto Cavalli were partly offset by declines in Lacoste and certain European brands.
Higher expenses - Increased advertising, promotion, royalty, and logistics costs weighed on margins.
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the personal products peer group is "buy".
Wall Street's median 12-month price target for Interparfums Inc is $113.00, about 9.5% below its August 3 closing price of $124.92.
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 18 three months ago.
IPAR•
