Interparfums Q3 EPS, net income beat estimates as gross margin rises
IPAR•Interparfums reported Q3 adjusted EPS of $2.13 and net income of $68 million, beating analyst estimates of $1.89 and $60.67 million, respectively. Sales were flat year over year at $430 million, gross margin rose to 67.1%, and the company raised its 2026 sales outlook to $1.49 billion while maintaining EPS guidance of $4.85.
1. Quarterly results
Interparfums’ Q3 adjusted EPS was $2.13, compared with analyst expectations of $1.89. Net income was $68 million versus an estimated $60.67 million, while operating income of $118 million beat the $102.35 million estimate. Sales were flat year over year at $430 million, and gross margin rose to 67.1%.
2. 2026 outlook
The company raised its 2026 sales guidance to $1.49 billion from $1.48 billion and maintained its EPS guidance at $4.85. It expects to release initial 2027 guidance on Nov. 18, 2026.
3. Factors behind results
CEO Jean Madar said gains in North America, Asia/Pacific, and Central and South America offset declines in Western and Eastern Europe and the Middle East. Gross margin benefited from favorable segment, brand and channel mix, inventory efficiency, and one-time tariff refunds, partly offset by higher tariffs. Growth in Coach, Jimmy Choo, Montblanc, GUESS, and DKNY helped offset declines in Lacoste and Ferragamo.
