IPAR

2026 Third Quarter Conference Call Scheduled for November 5, 2026 NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) ("Interparfums" or the "Company") today announced net sales for three and nine months ended September 30, 2026. Net Sales ($ in millions) | Three Months Ended | Nine Months Ended September 30, | September 30, | 2026 | | | 2025 | | % Change | | | 2026 | | | 2025 | | % Change | Total Interparfums, Inc. | | $430 | | | $430 | | flat | | | $1,115 | | | $1,102 | | +1% | European based net sales | | $306 | | | $295 | | +4% | | | $789 | | | $784 | | +1% | United States based net sales | | $127 | | | $137 | | (7%) | | | $336 | | | $327 | | +3% | Eliminations of intercompany sales | | ($4) | | | ($3) | | n/a | | | ($10) | | | ($9) | | n/a | The average dollar/euro exchange rate for the 2026 third quarter was 1.15 compared to 1.17 in the 2025 third quarter, leading to a 0.4% foreign exchange loss. For the first nine months, the average dollar/euro exchange rate was 1.16 compared to 1.12 in the first nine months of 2025, leading to a 1.5% foreign exchange gain. Data may not foot due to rounding. Management Commentary: Jean Madar, Chairman & Chief Executive Officer of Interparfums, stated, "Consolidated sales held stable at $430 million in the 2026 third quarter compared to the prior year period, producing year-to-date sales growth of 1%. Sales by European based operations were especially strong, which helped to offset weaker performance by United States based operations following an exceptional period of growth in the second quarter of 2026. The ongoing war in the Middle East represented a headwind of 1% in the third quarter and 2% for the first nine months. "Our global brand portfolio and diverse fragrances enable us to reach a wide range of consumers and pursue multiple avenues for growth, with strength across key brands and markets helping to offset softer demand elsewhere. We are aligning our product offerings and commercial strategies with evolving consumer preferences. We are investing in our future with expanded partnerships and new exclusive license agreements, while preparing for a promising 2026 holiday season and an exciting 2027, driven by a series of blockbuster launches and new brand additions." European Based Operations Mr. Madar continued, "Sales from our European based operations rose 4% in the 2026 third quarter, reflecting organic growth of 3% and a 1% contribution from new brands, partially offset by a 1% foreign exchange headwind. "Coach fragrances have delivered outstanding performance so far in 2026, with sales rising by 23% and 15% during the third quarter and first nine months of 2026, respectively. The brand continues to benefit from its immense popularity in the United States, the strength of the established women's and men's lines, and the success of the two new line extensions launched earlier this year." "Montblanc fragrance sales returned to growth, increasing 12% in the third quarter after flat second quarter sales, producing 8% growth for the first nine months of 2026, driven by the success of Montblanc Legend Elixir and Montblanc Explorer Infinite, launched in the first and third quarters, respectively. "Jimmy Choo fragrance sales rose 1% in the third quarter, leading to 5% growth in the first nine months of 2026. The brand's sustained performance was driven by the continued success of the I Want Choo and Jimmy Choo Man franchises, supported by several line extensions launched over the past twelve months, including I Want Choo Midnight, which launched in the third quarter. "Lacoste fragrance sales returned to growth in the third quarter, rising 4%, driven by Original Intense, the newest women's launch in the Original franchise. This improvement followed a challenging first half of 2026, which reflected a strong prior-year comparison due to strong innovation and softer conditions in Eastern Europe, where the brand has a strong presence. While year-to-date sales declined 9%, the third-quarter performance is encouraging as we look ahead to major developments planned for 2027 and beyond." United States Based Operations Mr. Madar continued, "Sales by our United States based operations decreased by 7% during the 2026 third quarter, driven largely by supply chain disruptions that resulted in the delayed shipment of giftsets for select brands. These delays represented approximately $10 million in sales, which will now be recognized in the fourth quarter. Excluding this impact, sales would have been flat. Year-to-date sales grew 3%, driven by 2% organic growth and a favorable foreign exchange impact of 1%. Excluding the impact of the delayed giftset shipments, sales would have increased 6%. "Fragrance sales of GUESS, our largest United States based brand, rose by 3% and 7% during the third quarter and first nine months of 2026, respectively. Growth was driven by the continuing success of the Iconic franchise which was enhanced by the launches of two new extensions earlier this year, as well as extensions launched for the Amore and Seductive franchises. "Donna Karan/DKNY fragrance sales declined 9% during the third quarter following double digit growth in the second quarter of 2026. The third quarter sales decline was driven by innovation phasing and giftset shipment delays. Brand sales grew 4% in the first nine months of the year. "Ferragamo fragrance sales declined 22% in the third quarter due to innovation phasing but were only down 2% on a year-to-date basis. The brand was impacted by challenging market conditions in Europe, which is the core region for the brand. "Roberto Cavalli fragrance sales increased 4% and 6% during the third quarter and first nine months of 2026, respectively, despite a difficult macro-economic environment in the Middle East, the brand's largest market, and exceptionally high prior year growth comparisons. The brand's growth this year has been driven by the enduring popularity of last year's blockbuster Serpentine launch, as well as brand extensions released earlier in 2026, and the partnership with Kiko Milano." Mr. Madar concluded, "While some aspects of the market environment remain challenging, we are encouraged by the trajectory of our business and maintain a measured but positive outlook for the balance of the year, 2027 and beyond." 2026 Third Quarter Results and Conference Call Details The Company will issue financial results for the three and nine months ended September 30, 2026, on Wednesday, November 4, 2026, after the close of the stock market. Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Thursday, November 5, 2026. Interested parties may participate in the live call by dialing: U.S. / Toll-free: (877) 423-9820 International: (201) 493-6749 Participants are asked to dial-in approximately 10 minutes before the conference call is scheduled to begin. A live audio webcast will also be available in the "Events" tab within the Investor Relations section of the Company's website at www.interparfumsinc.com, or by clicking here. The conference call will be available for webcast replay for approximately 90 days following the live event. About Interparfums, Inc.: Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy. Our licensed portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Puma, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Annick Goutal, Lanvin, Off-White, Rochas, and Solférino. Forward-Looking Statements: 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 Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2025, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release. Contact Information: Interparfums, Inc. or The Equity Group Inc. Michel Atwood Devin Sullivan: (212) 836-9608 / [email protected] Chief Financial Officer Conor Rodriguez: (212) 836-9628 / [email protected] (212) 983-2640 www.theequitygroup.com www.interparfumsinc.com

Cintas Corporation CTAS reported first-quarter fiscal 2027 adjusted earnings of $1.39 per share, which beat the Zacks Consensus Estimate of $1.35 by 3.0%. The bottom line increased 15.8% from the year-ago quarter. Revenues of $3.01 billion surpassed the consensus estimate of $2.97 billion by 1.3% and rose 10.9% year over year. The top line benefited from 8.9% organic revenue growth, reflecting growth after adjusting for acquisitions, foreign currency movements and workday differences. Record gross and operating margins were other key highlights in the quarter. The company has two reportable segments, Uniform Rental and Facility Services and First Aid and Safety Services. Other businesses are included in All Other. Quarterly sales data are briefly discussed below. Cintas' Uniform Rental and Facility Services segment generated revenues of $2.29 billion, up 9.7% year over year from $2.09 billion. Segment operating income rose to $575.09 million from $499.94 million. The First Aid and Safety Services segment delivered revenues of $388.52 million, increasing 16.1% from $334.66 million in the prior-year quarter. Operating income climbed to $99.54 million from $80.33 million. Revenues from the All Other segment totaled $330.73 million, up 13.1% from $292.40 million a year ago. Segment operating income increased to $51.67 million from $37.60 million. Cintas Corporation price-consensus-eps-surprise-chart | Cintas Corporation Quote Cintas' cost of sales totaled $1.46 billion compared with $1.35 billion in the year-ago quarter. Gross margin increased 13.7% to $1.55 billion, while gross margin, as a percentage of revenues, expanded to 51.5% from 50.3%. Selling and administrative expenses were $827.24 million, up 10.5% year over year. The company also incurred $14.41 million of transaction expenses related to the proposed UniFirst Corporation acquisition. Operating income rose 15.2% to $711.89 million. Operating margin improved to 23.6% from 22.7% in the prior-year quarter. Net income increased 12.3% to $551.71 million, while net income margin was 18.3% compared with 18.1%. The effective tax rate increased to 20.0% from 17.6%. In the first quarter of fiscal 2027, Cintas generated $572.33 million in net cash from operating activities, up from $414.48 million in the year-ago period. Capital expenditures totaled $107.53 million compared with $101.96 million a year earlier. Free cash flow increased to $464.80 million from $312.52 million. Net cash used in investing activities was $117.37 million, reflecting capital expenditures, purchases of investments and business acquisitions. During the quarter, the company repurchased common stock worth $315.71 million and paid $180.70 million in dividends. Net cash used in financing activities totaled $500.17 million. Cintas exited the quarter with cash and cash equivalents of $243.60 million compared with $289.02 million at the end of fiscal 2026. Accounts receivable increased to $1.59 billion from $1.56 billion, while inventories declined to $433.29 million from $446.44 million. Total current assets were $3.93 billion compared with $3.85 billion at May 31, 2026. Long-term debt was $1.43 billion, while debt due within one year totaled $999.29 million. Total shareholders' equity increased to $5.20 billion from $5.14 billion. For fiscal 2027, the company raised its revenue guidance to $12.15-$12.27 billion from the prior projection of $12.10-$12.25 billion. Adjusted earnings per share are now projected in the range of $5.45-$5.54, up from $5.36-$5.50 previously. The guidance excludes expected impacts from the proposed UniFirst acquisition and assumes no future acquisitions and constant foreign exchange rates. Fiscal 2027 also has one more workday than fiscal 2026. Cintas expects net interest expense of approximately $103.00 million compared with $101.20 million in fiscal 2026, with the increase primarily tied to amortization of bridge loan financing expenses related to UniFirst. The company projects an effective tax rate of 20.4% for fiscal 2027. The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. In the third quarter of fiscal 2026 (ended June 2026), Spectrum Brands Holdings, Inc. SPB reported adjusted earnings from continuing operations of $2.79 per share, increasing 125% from $1.24 in the year-ago quarter and surpassing the Zacks Consensus Estimate of $1.49. Net sales increased 7.7% year over year to $753.3 million and surpassed the Zacks Consensus Estimate of $732 million. Interparfums, Inc. IPAR posted quarterly earnings of 95 cents per share in the second quarter of 2026, which decreased 4% from 99 cents reported in the prior-year period. The metric missed the Zacks Consensus Estimate of $1.04 per share. Consolidated net sales rose 2% to $341 million from $333.9 million in the year-ago quarter. Organic sales rose 1%. Excluding headwinds related to the war in the Middle East, second-quarter organic sales increased 4%. lululemon athletica inc. LULU reported adjusted EPS of $2.06 in the second quarter of fiscal 2026 (ended July 2026), which declined 33.5% year over year but surpassed the Zacks Consensus Estimate of $1.79 by 15.1%. The company's revenues declined 4% from the year-ago period to $2.42 billion and 5% on a constant-dollar basis. Revenues missed the Zacks Consensus Estimate of $2.47 billion by 2.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Interparfums, Inc. (IPAR) : Free Stock Analysis Report Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Cintas Corporation CTAS is scheduled to release first-quarter fiscal 2027 (ended August 2026) results on Sept. 23, before market open.The Zacks Consensus Estimate for CTAS’ fiscal first-quarter revenues is pegged at $2.97 billion, indicating growth of 9.2% from the prior-year quarter’s figure. The consensus mark for earnings is pinned at $1.35 per share, which has been stable in the past 60 days. The figure indicates growth of 12.5% from the year-ago quarter's figure.The company has a stellar earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 1.8%. In the last reported quarter, its earnings of $1.29 per share beat the consensus estimate of $1.24 by 4%.Let’s see how things have shaped up before Cintas’ fiscal first-quarter earnings release. Strong customer retention and penetration of additional products and services into existing customers are expected to have driven the Uniform Rental and Facility Services segment’s performance in the fiscal first quarter. The Zacks Consensus Estimate for the segment’s revenues is pegged at $2.27 billion, indicating an 8.7% jump from the year-ago reported number.Solid demand for the company’s AED Rentals is likely to have supported the performance of the First Aid and Safety Services segment. Also, strong customer retention levels and an improved sales mix are likely to have boded well for the segment. The consensus mark for the segment’s revenues is pegged at $378 million, which implies a 13.2% increase from the year-ago reported figure.Also, synergistic gains from the acquisitions of Paris Uniform Services (March 2024) and SITEX (February 2024) are expected to have boosted Cintas’ top line in the to-be-reported quarter. While the Paris Uniform Services buyout has strengthened CTAS’ market presence in Pennsylvania, New York, Maryland and West Virginia, the SITEX acquisition has enhanced its footprint in the U.S. central Midwest region.However, the escalating selling, general and administrative (SG&A) expenses pose a threat to CTAS’ bottom line. An increase in employee-partner-related expenses is expected to have pushed up the SG&A expenses, which is likely to have impacted the company’s margins in the fiscal first quarter.Given Cintas’ extensive geographic presence, its operations are subject to global political risks and foreign exchange headwinds. A stronger U.S. dollar is likely to have hurt CTAS’ overseas business in the quarter. Cintas Corporation price-eps-surprise | Cintas Corporation Quote Our proven model predicts an earnings beat for CTAS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below. Earnings ESP: CTAS has an Earnings ESP of +3.60% as the Most Accurate Estimate is pegged at $1.40 per share, higher than the Zacks Consensus Estimate of $1.35. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.Zacks Rank: CTAS currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here. In the third quarter of fiscal 2026 (ended June 2026), Spectrum Brands Holdings, Inc. SPB reported adjusted earnings from continuing operations of $2.79 per share, increasing 125% from $1.24 in the year-ago quarter and surpassing the Zacks Consensus Estimate of $1.49.Net sales increased 7.7% year over year to $753.3 million and surpassed the Zacks Consensus Estimate of $732 million.Interparfums, Inc. IPAR posted quarterly earnings of 95 cents per share in the second quarter of 2026, which decreased 4% from 99 cents reported in the prior-year period. The metric missed the Zacks Consensus Estimate of $1.04 per share.Consolidated net sales rose 2% to $341 million from $333.9 million in the year-ago quarter. Organic sales rose 1%. Excluding headwinds related to the war in the Middle East, second-quarter organic sales increased 4%.lululemon athletica inc. LULU reported adjusted EPS of $2.06 in the second quarter of fiscal 2026 (ended July 2026), which declined 33.5% year over year but surpassed the Zacks Consensus Estimate of $1.79 by 15.1%.The company’s revenues declined 4% from the year-ago period to $2.42 billion and 5% on a constant-dollar basis. Revenues missed the Zacks Consensus Estimate of $2.47 billion by 2.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Interparfums, Inc. (IPAR) : Free Stock Analysis Report Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wrapping up Q2 earnings, we look at the numbers and key takeaways for the personal care stocks, including Inter Parfums (NASDAQ:IPAR) and its peers. While personal care products may seem more discretionary than food, consumers tend to maintain or even boost their spending on the category during tough times. This phenomenon is known as "the lipstick effect" by economists, which states that consumers still want some semblance of affordable luxuries like beauty and wellness when the economy is sputtering. Consumer tastes are constantly changing, and personal care companies are currently responding to the public’s increased desire for ethically produced goods by featuring natural ingredients in their products. The 9 personal care stocks we track reported a satisfactory Q2. As a group, revenues beat analysts’ consensus estimates by 1.7% while next quarter’s revenue guidance was 1.5% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.8% since the latest earnings results. With licenses to produce colognes and perfumes under brands such as Kate Spade, Van Cleef & Arpels, and Abercrombie & Fitch, Inter Parfums (NASDAQ:IPAR) manufactures and distributes fragrances worldwide. Inter Parfums reported revenues of $341 million, up 2.1% year on year. This print exceeded analysts’ expectations by 0.6%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ gross margin estimates and full-year revenue guidance missing analysts’ expectations. Jean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “Our results at the midpoint of the year reflect the benefits of a diversified brand portfolio, the continued strength of the global fragrance category, and steady consumer demand. Despite certain geopolitical and regional pressures, we delivered top-line growth, benefited from strong performance by several of our top brands, and further improved our robust financial position. At the same time, we continued to invest in product initiatives and advertising and promotion that position us well for the balance of the year and beyond." The market seems disappointed with the results as the stock is down 14.5% since reporting and currently trades at $109.93. Read our full report on Inter Parfums here, it’s free. Short for "eyes, lips, face", e.l.f. Beauty (NYSE:ELF) is a developer of high-quality beauty products at accessible price points. e.l.f. Beauty reported revenues of $479.4 million, up 35.5% year on year, outperforming analysts’ expectations by 11%. The business had a stunning quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates. e.l.f. Beauty pulled off the biggest analyst estimate beat, fastest revenue growth, and highest full-year guidance raise of the whole group. The market seems happy with the results as the stock is up 10.6% since reporting. It currently trades at $95.55. Is now the time to buy e.l.f. Beauty? Access our full analysis of the earnings results here, it’s free. Started on a kitchen table in Utah, Nature’s Sunshine (NASDAQ:NATR) manufactures and sells nutritional and personal care products. Nature's Sunshine reported revenues of $117 million, up 1.9% year on year, falling short of analysts’ expectations by 5.4%. It was a disappointing quarter as it posted a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates. Nature's Sunshine delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. As expected, the stock is down 35.4% since the results and currently trades at $13.14. Read our full analysis of Nature's Sunshine’s results here. With the first products sold out of the trunk of the founder’s car, Herbalife (NYSE:HLF) today offers a portfolio of shakes, supplements, personal care products, and weight management programs to help customers reach their nutritional and fitness goals. Herbalife reported revenues of $1.33 billion, up 5.4% year on year. This number surpassed analysts’ expectations by 1.5%. Aside from that, it was a mixed quarter as it also produced full-year EBITDA guidance slightly topping analysts’ expectations but a significant miss of analysts’ EPS estimates. Herbalife had the weakest guidance update among its peers. The stock is down 5.3% since reporting and currently trades at $11.94. Read our full, actionable report on Herbalife here, it’s free. Going to market with a direct selling model rather than through traditional retailers, USANA Health Sciences (NYSE:USNA) manufactures and sells nutritional, personal care, and skincare products. USANA reported revenues of $223.3 million, down 5.3% year on year. This print missed analysts’ expectations by 5%. More broadly, it was a mixed quarter as it also recorded an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ EPS estimates. The stock is down 35.3% since reporting and currently trades at $14.74. Read our full, actionable report on USANA here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced the results of the matters voted upon at its Annual Meeting of Shareholders held on Tuesday, September 15, 2026, including the election of two new members to its Board of Directors. Shareholders approved of all proposals presented at the meeting, as follows: 1. Election of Directors – Shareholders elected a Board of Directors consisting of nine (9) members to serve until the Company’s next annual meeting of shareholders and until their successors are duly elected and qualified. Incumbent Directors: Seven (7) current directors – Jean Madar, Chief Executive Officer of Interparfums Inc., Philippe Benacin, Chief Executive Officer of Interparfums SA, Michel Atwood, Chief Financial Officer of Interparfums, Inc., Hervé Bouillonnec, Chief Commercial Officer of Interparfums USA, François Heilbronn, Robert Bensoussan, and Patrick Bousquet-Chavanne were nominated and re-elected by shareholders. New Directors: The Board proposed, and shareholders approved, the election of two (2) new independent directors, Bénédicte Epinay and Valérie Hermann. Four current members of our Board, Philippe Santi, Veronique Gabai-Pinsky, Gilbert Harrison and Gerard Kappauf did not stand for re-election, resulting in a Board composed of nine (9) directors following the annual meeting. Valérie Hermann, Independent Director, has been the Director of Luxury Investments at Groupe Epi in Paris, France since March of 2020.Ms. Hermann previously spent six years at Ralph Lauren Corporation, including as President of Global Brands, and was Chief Executive Officer at Reed Krakoff/Coach Group, Chief Executive Officer of Saint Laurent in Paris, and Director of Women's Ready to Wear, Dior at LVMH. She received a degree in marketing and marketing management from HEC Paris in 1989.We believe Ms. Hermann’s experience in managing and marketing of luxury products will provide our board of directors with valuable insights into the creation, marketing and management of our luxury fragrances and fragrance related products.Bénédicte Epinay, Independent Director, has served as the Chief Executive Officer of Comité Colbert since March 2020, a public-interest association founded in 1954 by Jean-Jacques Guerlain that brings together 98 French luxury houses and 15 cultural institutions united by a shared purpose: “To passionately promote, sustainably develop and patiently pass on French craftsmanship and creativity in order to inspire dreams.”Prior to joining Comité Colbert, Ms. Epinay spent more than thirty years in media, notably within the Les Échos – Le Parisien Group, where she served as Deputy Editorial Director in charge of luxury weekend publications until 2020. In this role, she launched Série Limitée, the Group’s first monthly luxury and lifestyle magazine in 1999, and Les Échos Week-End, its weekly weekend edition, in 2015.We believe Ms. Epinay’s background in strategic research and insights on sustainability, human resources, and technology - three issues that are at the heart of the fragrance industry's current challenges and priorities - will provide our Board of Directors with valuable insights moving forward. 2. Advisory Vote on Executive Compensation – Shareholders approved the compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement. 3. Approval of Extension of 2016 Stock Option Plan – Shareholders approved a ten (10) year extension of the term of the Company’s 2016 Stock Option Plan to June 27, 2036. About Interparfums, Inc.:Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy. Our licensed portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Annick Goutal, Lanvin, Off-White, Rochas, and Solférino. Contact Information: Interparfums, Inc. or The Equity Group Inc.Michel Atwood Devin Sullivan: (212) 836-9608 / [email protected] Financial Officer Conor Rodriguez: (212) 836-9628 / [email protected](212) 983-2640 www.theequitygroup.comwww.interparfumsinc.com

Inter Parfums’ second quarter was marked by modest sales growth, but the market reacted negatively following a decline in operating margin and a miss on profit expectations. Management pointed to strong performances in North America and Asia Pacific, notably from Coach, Montblanc, and GUESS, as key positives. However, ongoing headwinds in the Middle East and softer demand in Western and Eastern Europe weighed on results. CEO Jean Madar acknowledged these challenges, stating, “These results give me confidence in our ability to deliver on our full year objectives and continue on the path towards creating long-term value for our shareholders.” Is now the time to buy IPAR? Find out in our full research report (it’s free). Revenue: $341 million vs analyst estimates of $339 million (2.1% year-on-year growth, 0.6% beat) EPS (GAAP): $0.95 vs analyst expectations of $0.97 (1.9% miss) The company reconfirmed its revenue guidance for the full year of $1.48 billion at the midpoint EPS (GAAP) guidance for the full year is $4.85 at the midpoint, roughly in line with what analysts were expecting Operating Margin: 14.4%, down from 17.7% in the same quarter last year Market Capitalization: $3.83 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Sydney Wagner (Jefferies) asked whether consumer selectivity was leading to smaller purchases or more promotions. CFO Michel Atwood said, “We're not seeing any significant increases in promotionality... It's quite normalized.” CEO Jean Madar added that celebrity ambassadors are helping drive growth in China. Susan Anderson (Canaccord Genuity) inquired about the cadence and investment around upcoming blockbuster launches and new licenses. CEO Jean Madar explained that major launches will be spread throughout next year and could have a halo effect on brand growth. Atwood noted investment will be managed within the P&L. Jungwon Kim (TD Cowen) questioned how the company measures marketing efficiency and what would prompt a guidance raise. Atwood detailed digital and influencer channels as key focus areas, and said guidance could be increased if regional headwinds subside. Aron Adamski (Goldman Sachs) asked about inventory risk, cannibalization from new launches, and profit phasing in the second half. Atwood said inventories are well managed and normalizing, and that new launches are mapped to minimize cannibalization. Profitability will depend on the timing of tariff refunds and A&P spend. Fraser Donlon (Berenberg) sought clarity on the future of small brands and potential for new licenses. Atwood and Madar confirmed ongoing review of smaller brands and an appetite for adding new licenses, with inventory buildup for 2027 launches to be staged throughout the year. Looking forward, the StockStory team will closely watch (1) the effectiveness and ROI of increased marketing spend around new fragrance launches, (2) the resilience of core brands in North America and Asia Pacific despite ongoing macro and regional risks, and (3) progress on supply chain efficiencies and the impact of tariff refunds on margins. The pace of inventory management and execution of upcoming blockbuster launches will also be key markers of strategic success. Inter Parfums currently trades at $119.32, down from $128.55 just before the earnings. In the wake of this quarter, is it a buy or sell? The answer lies in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren’t just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week’s Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+214% between June 2020 and June 2025). Find your next big winner with StockStory today.

Image source: The Motley Fool. Wednesday, Aug. 5, 2026 at 11:00 a.m. ET Chairman and Chief Executive Officer - Jean Madar Chief Financial Officer - Michel Atwood Investor Relations - Devin Sullivan Operator: Greetings, and welcome to Interparfums 2026 Conference Call and Webcast. I would now like to turn the conference over to your host, Mr. Devin Sullivan. Thank you. You may begin. Devin Sullivan Thank you, Rob, and good morning, everyone. Joining us on the call today will be Chairman and Chief Executive Officer, Jean Madar; and Chief Financial Officer, Michel Atwood. As a reminder, this conference call may contain forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from projected results. These factors may be found in the company's filings with the Securities and Exchange Commission under the headings Forward-Looking Statements and Risk Factors. Forward-looking statements speak only as of the date on which they are made, and Interparfums undertakes no obligation to update the information discussed. Interparfums' consolidated results include 2 business segments, European-based operations through Interparfums SA, the company's 72% owned French subsidiary and United States-based operations. It is now my pleasure to turn the call over to Jean Madar. Jean, please go ahead. Jean Madar: Thank you, Devin, and good morning, everyone, and thank you for joining us on today's call. We are pleased -- very pleased with our performance at the midpoint of the year, which reflects the appeal of our global brand portfolio and the strength of our underlying business and also the disciplined execution and also the continued dedication of our team. Despite the challenges that persist in our business and industry, these results gives me confidence in our ability to deliver on our full year objectives and continue on the path towards creating long-term value for our shareholders. So we delivered 2% sales growth in both the second quarter and first half of 2026, supported by strong performance from several of our leading brands and a strong rebound in our United States-based operation of an admittedly weak comparison. Excluding the war-related headwinds in the Middle East, organic sales advanced 4% in the quarter and 1% year-to-date. And we maintained a robust financial position while continuing to invest in product initiatives that position us well for the balance of the year and beyond. Consolidated sales growth in the first half of the year reflects strong brand execution and solid performance in select regions, partially offset by macro and regional headwinds. North America, our largest market, was up 5%, propelled by a healthy category, a steady cadence of new extensions, most notably from Coach and marketing investments that are clearly paying off. Asia Pacific was a highlight, up 14% as initiatives supporting Coach and Montblanc took hold. GUESS extended its footprint in Australia and New Zealand and our new Korean affiliate got off to an excellent start after several years of uneven results in the region. We are also encouraged that consumers across Asia Pacific are increasingly embracing the fragrance category, and we are moving quickly to capture that opportunity. In India, for example, we recently teamed up with a new distributor to bring Coach, Montblanc and Jimmy Choo and several of our other brands back to one of the world's fastest-growing beauty market. Also, South America rose by 15% behind the continued success of Coach for women and Montblanc's Legend line. Partially offsetting growth from these geographies, a few regions declined in the first half. Western Europe with 3% on softer consumer demand. Eastern Europe was down 7% amid operational difficulties in certain markets, which weighted most heavily on Lanvin and Lacoste. And of course, Middle East and Africa fell 24% as the war in the region continued to weigh on our results. Even with these pressures, our diversified footprint allowed us to grow overall, which speaks to the resilience of our model. Looking at our brands, momentum in the first half was broad and several of our largest properties finished the second quarter with real strength. Coach grew 10% in the first half, driven by strong performance in the U.S., its primary market, driven by continued demand across most existing lines and by the launch of new extensions in the Coach Women and Coach Men franchises earlier in 2026. Montblanc advanced 6% in the first half of 2026 due to favorable exchange rates and the ongoing success of the Montblanc Explorer Extreme line and the strength of the Legend franchise. With sales holding firm in the second quarter and the first franchise arriving in 2027, we see plenty of runway ahead for this brand. Next, Jimmy Choo was up 8% for the half year, capped by an impressive 23% jump in the second quarter. The brand's fragrances are winning over more and more customers, particularly in the U.S., thanks to the enduring popularity of I Want Choo and a very successful debut for Jimmy Choo Man platform. GUESS, largest U.S.-based brand rose 11% in the first half, including [indiscernible] in the second quarter. The iconic franchise keeps delivering now bolstered by Iconic Blue for men and the newest Amore extension, Amore Napoli, which was launched in the second quarter. The brand's reach keeps widening as well. Today, for instance, GUESS stands among the top 15 fragrance brand in Australia. Let's talk about Ferragamo. Ferragamo sales jumped by 41% in the second quarter, bringing first half growth to 17%. Growth was geographically broad with the Signorina? and Ferragamo lines performing very well, elevated by their latest launches introduced in late 2025. We rolled out a commercial innovation program across the brand franchise in May, which further enhanced the brand's growth, including our newest extension, Fiamma Assoluta, which has seen very positive feedback so far. During the second quarter, Chinese singer and actor, Karry Wang joined the Ferragamo family as the brand's global fragrance ambassador. As mentioned earlier, Asia Pacific is increasingly embracing fragrance. We are hopeful that Karry's affiliation with Ferragamo will further elevate the brand in this burgeoning market. Donna Karan/DKNY climbed 12% in the first half, punctuated by a 28% increase in the second quarter with healthy demand across categories and franchise and e-commerce becoming an increasing search engine for the brand's growth. The [indiscernible] remains a fixture on TikTok Shop and Amazon. Roberto Cavalli grew 8% in the first half, fueled by this year's introduction across several franchises, among them the unisex scent Marbleous Cypress and several other fragrances launched earlier this year. Serpentine?continues to be a massive success for the brand globally. The war in the Middle East is certainly impacting this brand, and Cavalli is our largest brand in the region. Notwithstanding the world impact, our conviction and excitement on the trajectory of the brand remains strong. A few brands faced steeper comparison. Lacoste came in 16% below last year when a string of heat launches lifted first half sales of 44% and conditions in Eastern Europe added pressure. We introduced L.12.12 Bleu for men during the second quarter and with major initiatives lined up for 2027 and 2028, we believe the brand's best performance lies ahead. Recognition keeps coming for our fragrance as well. Bella Blanca from Oscar de la Renta took home the Best Eau de Parfum at The Marie Claire Fragrance Awards 2026 and Ferragamo, Signorina Romantica was honored as the best true?gourmand fragrance at the Who What Wear?Fragrance Awards 2026. Honors like this celebrate the artistry of our team and partners and add to the desirability of our portfolio. Even as consumers remain increasingly selective about how they allocate their products, in the United States, fragrance was once again the fastest-growing beauty category in the first half, owing to its status as an affordable indulgence and daily form of self-expression. The market has normalized after several years of exceptional growth, but the opportunity remains attractive. For us, is very clear, win share with brands that have personality, quality and global reach. Across our portfolio, we have many ways to speak to consumers and that diversity is one of our greatest strengths. Beyond the success and innovation from our core brands so far this year, we also made significant strides in developing and expanding our newest portfolio of brands. [indiscernible] rebuilding momentum in high-end fragrance with existing slots having resumed distribution and reopening of Paris boutiques. We are also preparing the launch of new fragrances in 2027. Lastly, newly created wholly-owned brand Solferino extended to 100 total point of sales at the end of first half this year, and we plan to launch an 11th fragrance to the initial collection in the second half of this year. And we are also preparing for the first launches of new fragrances for Longchamp and Off-White in 2027. Longchamp has the potential to become our next $100 million brand and Off-White represents another step for us into the high-end category. The layer on top of that, that is the extraordinary rise of digital commerce, which remain a growth driver for us in the second quarter, highlighting Amazon and TikTok Shop. Amazon now sells more beauty online than anyone else in both the U.S. and Europe. While TikTok Shop has become the fourth largest beauty e-commerce platform in the U.S. and is quickly expanding across Europe. We will stay ahead of the curve to identify evolving behaviors, continuously adapt how, where and when we engage. So we meet consumers not just where they are but where they are leading. Consumers are also making personal layering sense, assembling fragrance, wardrobes and turning to AI-powered recommendations to buy discovery. However, they choose to find us on social media on the major marketplaces or in stores, we are meeting them with storytelling that carries across every channel and delivers an immersive consistent brand experience. Ultimately, this business is about inspiring desire, offering consumers an entry point into the world of an iconic fashion house or celebrity, and we work every day to keep the desire running across each of our brands. Travel retail remained a steady contributor, once again accounting for roughly 7% of total net sales, in line with prior periods. New York is where the channel is strongest today with conditions softer elsewhere, including, of course, the Middle East, and we see steady growth ahead for this business. I will briefly touch on tariffs given the newest round implemented under Section 301. As a reminder, our manufacturing is based primarily in Europe and the rates we faced under this latest wave are largely in line with what we were already operating under. So we don't expect to see meaningful changes to our cost structure going forward. That said, we are not standing still. We are increasingly working to position our distributors closer to the point of sale, which shortens supply lines and helps mitigate tariff impacts while keeping our brands close to the consumer. We are also working on cost saving initiatives to... [Technical Difficulty] Operator: Okay. Please remain on the line. Okay. Our speaker is back with us. You can continue. Jean Madar: I'm so sorry. I don't know you lost me. But anyway, I'm at the end of my comments. So we are saying that while the environment remains anything [indiscernible], we are demonstrating that we can do more than manage through turbulence. We can grow through it. The fragrance category remains resilient. Our brands are performing and we're on track to deliver on our goals this year. We remain cautiously optimistic about the balance of '26, mindful of disruption in the Middle East, but energized by improving trends we see elsewhere and confident in our ability to keep operating efficiently and profitably while driving disciplined, sustainable long-term growth for our customers, brand partners and consumers. With that, I will now turn it over to Michel for a review of our finance. Michel? Michel Atwood: Yes. Thank you, Jean, and good morning, everyone. I will begin by discussing the consolidated results before breaking them down into our 2 operating units, European and United States-based operations. Overall, the diversity of our portfolio continued to support global growth with strength in select brands and geographies, offsetting softness elsewhere and driving our overall results. This year's U.S.-based results benefited from a favorable comparison against last year's second quarter, which was weighed down by weaker innovation and tariff-related supply chain disruptions, whereas our European results are cycling a prior year period of strong growth and therefore, faced a much tougher year-over-year comparison in the current quarter. Echoing Jean's comments, we maintain a strong financial position, operated with efficiency and continued to invest in our brand portfolio. Net sales grew modestly in 2026 second quarter and first half with reported sales of 2% in each period. These were helped by foreign exchange. Organic growth in 2026 periods was impacted by lingering headwinds associated with the war in the Middle East. Excluding these factors, organic growth improved by 4% in the second quarter and 1% in the first half, respectively. Our 7 largest brands, which represented 81% of our first half sales grew 6% and our expanding direct-to-retail channel, which represented 42% of first half sales grew 9%. Furthermore, our top 20 brand region combination, which represent 84% of our sales grew a healthy 7%, showcasing the overall strength of our core business. While the stronger euro has continued to favor our top line, it also increases our cost base across the P&L and our balance sheet. We are continuing to implement a variety of actions to mitigate that impact and have been pleased with the results. While gross margin declined slightly in the 2026 second quarter, first half gross margin expanded by 30 basis points to 65.3% from 65%, and this was primarily driven by a favorable segment, brand and channel mix as well as lower destruction costs, which reflect our continued focus on inventory and supply chain management. These gains were partially offset by tariffs, which represented a net additional expense of $8.2 million in the first half of 2026 compared to last year. As of June 30, 2026, the company also received $8.7 million in IEEPA tariff refunds, of which $6.9 million was recognized as a nonrecurring reduction in cost of sales in the second quarter. In July 2026, we received the remaining balance of the $17.6 million in IEEPA tariff refunds owned. These funds will benefit quarter 3 and quarter 4 of this year. For the total year, we expect gross margins to improve by roughly 150 basis points with 110 basis points improvements coming from the tariff refunds and the balance coming from favorable brand and channel mix as well as cost efficiency programs. Higher SG&A expenses for the 2026 period resulted from higher brand marketing investments, royalty costs growing ahead of sales due to unfavorable brand mix as well as higher logistics costs related to supply chain transitions and channel mix. Our A&P spending for the first half of '26 rose to $129 million or 18.8% of sales. This reflects our ongoing commitment to investing in our existing brands and upcoming launches. We are reinvesting the tariff refunds to protect our top line growth and position the company for a successful 2027. As such, we anticipate that on a full year basis, A&P expenditures will approach our long-term target of approximately 21% of net sales. For the first half of 2026, consolidated operating profit declined to $123 million with an operating margin of 17.9% compared to an operating margin of 20% in the prior year period. Below the operating line, other income and expenses swung to a gain of $0.4 million in the first half from a loss of $6.7 million in the prior year period, a positive impact of $7 million. The improvement was driven by higher interest and investment income, reflecting a stronger ROI on our excess cash and gains on marketable equity securities as well as lower foreign exchange losses. Our consolidated effective tax rate was for the first half was a stable 24.2% compared to 24.3% in the prior year period. And for the first half, net income held stable at $74 million, or $2.31 per diluted share compared to $2.32 in the prior year period. Now moving to our 2 business segments. I will start with European-based operations. Net sales declined modestly 4% in the second quarter and 1% in the first half with 5% organic declines in each period, partially offset by favorable foreign exchange. I will again note that our European-based operations completed -- competed against a very high growth comparison in the prior year periods. Gross margin was at 67.4% in both the second quarter and the first half versus 68.3% and 66.9% in the prior year periods. The quarterly decline was driven by unfavorable brand and channel mix, along with higher tariff costs that were partially offset by onetime tariff refunds. The year-to-date improvement was supported by mix, lower destruction costs and $2.7 million of IEEPA tariff refunds, partially offset by tariffs, which represented an initial expense of $4.5 million. SG&A increased 8% in the second quarter and first half, rising to $125 million and $229 million or 53.9% of net sales and 47.4% in the second quarter. The driver of the higher marketing is tied to product launches and brand investments. Royalty costs also grew ahead of sales, driven by unfavorable brand mix. Employee-related costs expanded as we continued building up our Korean subsidiary, and we saw higher logistic costs related to increased warehousing fees and supply chain transitions. Overall, net income attributable to European-based operations declined to $23 million for the quarter, representing 10% of net sales compared to 13.6% in the prior year period. For the first half, net income attributable to European-based operations was $73 million, representing a very healthy 15% of net sales compared to 16.6% in the prior year period. Now turning to our United States-based operations. Unlike our European-based operations, these results benefited from a favorable comparison base as second quarter 2025 results were negatively impacted by the factors we discussed earlier. With that context, net sales rose 18% in the second quarter, reflecting organic growth of 17% and a 1% positive foreign exchange impact. This performance lifted first half sales growth to 10%, comprising 8% organic growth and 2% foreign exchange tailwind. Gross margin expanded 90 basis points to 61.6% from 60.7% in the second quarter and 60 basis points to 60.3% from 59.7% for the first half. Tariff refunds representing $4.2 million as well as lower levels of destruction costs helped offset unfavorable channel and product mix and higher ongoing tariff costs. SG&A grew 9% in the quarter and 6% in the first half, each below our sales growth. As a result, SG&A declined as a percentage of net sales to 44.2% and 46%, respectively, compared to 48% and 47.8% in the prior year periods, reflecting productivity gains from accelerated sales growth and partially offset by unfavorable brand mix on royalties. Overall, net income attributable to U.S.-based operations grew to $15 million for the quarter representing 13.7% of net sales compared to 10% in the prior year period and to $24 million in the first half, representing 11.4% of net sales compared to 9.6% last year. Moving to cash. At June 30, our balance sheet remains strong with $211 million in cash, cash equivalents and short-term investments and working capital of $664 million. From a cash flow perspective, accounts receivable declined 3% from year-end 2025 and days sales outstanding decreased slightly to 73 days from 74 days in the prior year period. These were driven by changes in our channel mix. We continue to see strong collecting activity and do not anticipate any issues with collections of account receivable. Despite foreign exchange headwinds on our costs, inventories declined 12% to $376 million compared to the prior year period, representing a 34-day reduction in inventory days on hand to 269 days as we continue to drive inventory efficiencies and work to increase the conversion of raw materials into finished goods. By effectively managing working capital relative to our sales growth, we again significantly improved our operating cash flow. Cash flow generated from operating activities reached $46 million in the first half or 49% of net income, up from $5 million or 5% of net income in the prior year period. Obviously, operating cash flow also benefited from the receipt of the $8.7 million in IEEPA tariff refunds, but we continue to expect strong free cash flow productivity in 2026 and beyond. Now, as noted in our Form 10-Q, our Board has authorized a share repurchase program as an additional capital allocation tool. This gives us flexibility to evaluate potential repurchases of shares of Interparfums, Inc. or shares of Interparfums SA or both, depending on market conditions, liquidity, relative valuation and other business priorities. The Board has also authorized the company to enter into a line of credit of up to $250 million to support the program, enhancing our financial flexibility and optionality without obligating us to draw the full amount or complete any specific level of repurchase. We intend to approach the program in a measured and disciplined way while continuing to prioritize the needs of the business, strategic investment opportunities and long-term value creation for our shareholders. Now turning to our 2026 guidance and outlook. As outlined in our earnings release issued last evening, we are maintaining our full year outlook. We continue to expect sales of approximately $1.48 billion and diluted earnings per share of $4.85. Our EPS guidance includes the expected benefits of the $17.6 million of tariff refunds we have received this year, which is enabling us to reinvest in A&P and offset higher-than-expected tariff and logistic costs. With refunds received, we will reinvest in our brands to drive growth. We continue to anticipate a return to improved growth in 2027, driven by enhanced innovation, including a series of blockbuster launches planned for '27 and '28 as well as the development and distribution of our newest brands that Jean talked about. Overall, we remain mindful of external pressures, including the war in the Middle East, moderating demand in several international markets, overall economic concerns and pressures that may arise from recently enacted tariffs on our cost structures, but we are continuing to closely monitor potential inflationary impacts as suppliers adjust pricing. Nevertheless, we remain well positioned with a strong innovation pipeline, enduring global partnerships and a resilient consumer base that collectively reinforce our confidence in our long-term growth and value creation. With that, Rob, please open the line for questions. Operator: Our first question comes from Sydney Wagner with Jefferies. Sydney Wagner: So first one, maybe just to ask about the consumer. You mentioned some consumer selectivity. Can you just talk about how that's manifesting itself in fragrance? I understand that the category overall has been strong, but maybe are you seeing fewer add-ons, buying smaller sizes? Or has this driven kind of a shift toward promotional occasions? I guess within that, maybe also just comment on the promotional environment. And then on China, we've heard some reports of international players now doing better in China versus domestic brands. Are you seeing any change in consumer demand or sell-through trends there that have improved versus maybe what you've seen 6 to 12 months ago? Jean Madar: Michel, do you want to start? Michel Atwood: Yes. Sure, Sydney. Look, overall, we continue to see healthy demand. We're not seeing any significant increases in promotionality. I mean, there was certainly over the holiday season last year, there was a little bit more gift sets than we typically see in the holiday period. But overall, I would say it's been -- it's quite normalized and a lot of the price increases that have been taken have kind of stuck. I know that there have been some conversations around the entry price points and smaller sizes. We're not really seeing anything in that space. It's pretty much normalizing. In terms of China, the market is actually doing quite well, and we're seeing some significant growth there. But again, the China fragrance market is generally quite small for us, but it's been growing and it's been actually quite healthy. Jean? Jean Madar: Yes. There is no particular increase of small size, and we do not see any more -- no particular promotional activity. So we will not have anything special to report on that. Regarding China, what we can see is that when we are able to find and sign celebrity ambassadors that have hundred millions of followers, of course, this accelerate the sale. And that's what we are doing for Ferragamo, for Coach. And going forward, we will definitely continue to hire this very, very big celebrity to be the ambassadors and to talk about the brand, which is what in China. Operator: Our next question comes from Susan Anderson with Canaccord Genuity. Susan Anderson: I was wondering if maybe you could just expand on some of the blockbuster launches you see coming next year. Maybe if there's any color you can provide on timing of them flowing through in 2027? And then also, I guess, the same with the new licenses, Longchamp and Off-White, how are you thinking about those flowing through for the year? And then just in terms of the investment around those new launches and licenses, how should we think about that flowing through the income statement? Jean Madar: I can try to answer the first part of the question. I will let Michel talk about the investment. '27 is going to be impressive because all our big brands, all our big brands, the ones that are doing [ $100 million ] and above will have a blockbuster. So for the people who are not familiar, blockbuster means whole new launch, whole new pillar, so Montblanc, Coach, GUESS, Jimmy Choo, all will have blockbuster. It's quite unusual for us, usually, it doesn't happen all in the same year. So the cadence will be across all the quarters. We are not going to launch all January 1. It will be cadence during the year. It's difficult to give you what is the impact really when we have blockbuster in one of our brands, it has a halo effect on the whole brand. So that's why we can expect when we have blockbuster to have growth of high single digits, sometimes low double digit. So it will be very exciting, and it will continue into 2028 also. Michel, do you want to talk about investments? Or maybe investment. Longchamp, Off-White. Longchamp is very exciting. Finds a beautiful brand known for their bags. We had great success with Coach. So we think that Longchamp will be also very successful. We showed the products to all our distributors, retailers, and the response is very positive. So that's why I said in my remarks that Longchamp has the potential to become quickly a $100 million brand. Off-White is going to be also interesting because this is not a license. This is a trademark that we bought 1.5 years ago, and we will be launching men's and women's fragrance in the end of first quarter next year. Michel, if you want to talk about investments? Michel Atwood: Yes, sure. Thanks, Jean. So investment side, obviously, when you have significant launches, you will have to invest more. But our thinking is that we'll be able to kind of cover this within the rest of the P&L. We should get -- if we get significant sales acceleration, we should see some scale benefits on the rest of the P&L. So really, our goal is to fund this within the P&L. But again, until we actually put together the plan, the sequencing, we won't have any clear visibility to that. Again, #1 priority for us remains profitable top line growth, and that's really where we're going to continue to head over the next couple of years. Operator: Our next question comes from Jonna Kim with TD Cowen. Jungwon Kim: The first one is, how are you measuring your efficiency of marketing spend as you continue to invest in that? Any key channels and priorities that you could talk about would be helpful. And then second question, what would take you to raise guide at this point? What are key factors you're currently monitoring for the guide? Jean Madar: Michel? Michel Atwood: Yes, sure. I mean we measure the ROI of our spending. I mean most of our spending today is really done on digital and as well as on social media, and using influencers. And so we have tools to kind of measure what is working, what's not working. And generally, that's where we're flowing most of our dollars. We're also flowing a lot of our dollars really towards the fast-growing channels, which as Jean pointed out, Amazon, TikTok, online. So really, those are the areas. In terms of increasing our guidance, obviously, I think there are a number of things in the second half that we're kind of waiting to see what happens. As you could probably have seen, I mean, we have done a little bit better on the top line than we were originally planning. We have been helped by FX. We're starting to see FX move in the opposite direction. There's also the considerations in the Middle East and Eastern Europe, which have kind of been weighing down on our growth. So I think if things improve there, that may help us. But again, it's going to depend on when that happens during the year. I would say that, that's the main element. And then on the rest of the P&L, I think it's going to probably be very similar to what we saw kind of last year with the exception of A&P, which we're expecting to continue to fuel more investments in A&P to shore up the growth. Jean, I don't know if you have any questions on that. Any other comments on that, Jean? Jean Madar: No, no. I think you covered. I totally agree. Our guidance is always a difficult to exercise because there are so many parameters that we have to take into account. But right now, we are comfortable with the actual guidance. Next question? Operator: Our next question comes from Aron Adamski with Goldman Sachs. Aron Adamski: I have 3. Firstly, on inventory levels. As we enter the peak fragrance trading period, how would you assess retailer and distributor inventories at this stage across the U.S. and Europe? Are there any pockets of elevated stocks that could lead to destocking? Second, just to actually follow-up on the 2027 launch cycle. I believe the juices for these products are now ready. So I was wondering how complementary from an Olfactory standpoint, do you expect these new products to be? Or would you expect to see some cannibalization within the portfolio as you launch these? And then lastly, on the outlook for the remainder of the year, how should we think about the growth cadence between Q3 and Q4? Are there any specific phasing factors to consider? And similarly, on profitability, how do you expect gross margin and operating margin progression to develop across the 2 remaining quarters? And if there are any phasing factors to consider? Jean Madar: Thank you, Aron. I'll let you start and I will comment. I didn't really understand, Aron, your second question about the 2027 launches. Aron Adamski: Yes. So just to clarify, the [ scent ] profile, I guess, of these new products, do you expect them to be complementary to your current offering? Or is there some risk of cannibalization? Jean Madar: Okay. Okay, of course. Okay. All right. Let's start. Michel, do you want to start with inventory, please? Michel Atwood: Yes. Let me start with inventory. So overall, we're finding that the destocking is really kind of starting to normalize. And we're not really seeing any significant areas where there's very high inventory levels or very low inventory levels. But I would say, overall, we're feeling pretty comfortable. Even though I'd say structurally, inventory will probably continue to go down for the reasons we have explained in the past, which is as people become more and more efficient, as more and people buy online, there's naturally going to be less inventory in the system. But overall, we're not really seeing some of the concerns that we had, I would say, over the last 12 months, it seems to be normalizing. Jean, I don't know if you want to add anything on the inventory piece. Jean Madar: Yes. This is, of course, something that we look at very carefully, and we monitor inventory at the level of our distributors and when we have information at the level of our retailers. And I will say that inventory at both levels are quite low in the sense that they are well managed by our distributors and by the retailers. They are ordering on a weekly or every other week basis. So I don't see any heavy inventory in stores, maybe a little light for certain people like Amazon and TikTok, but their business is growing at a fast pace, and sometimes we have difficulty to anticipate their need, which is a good problem to have, but we need to be vigilant to make sure that we don't miss any business there. I don't see too much -- I don't see destocking like you said, Michel. Michel Atwood: Okay. Maybe I'll touch on the outlook for the rest of the year, and then we can go back to the second question on the launch cycle. So as you know, Aron, we don't really like to guide by quarter. It's difficult enough to guide for the year in the current environment. What I can say is that if you look at our guidance, the implied -- it implies a 3% decline in the second half versus last year. There's going to be about 1 point of that's going to come from FX. As you know, we had a higher FX has helped us in the first half, but we expect it to hurt us. Again, there's a big question mark around that. And then if you look at the third quarter versus the fourth quarter, last year, fourth quarter was stronger. So I kind of would expect that as you balance that off between the third and the fourth quarter, it look a little bit better in the third and a little bit worse in the fourth. I don't know if that helps on the top line. On the on the SG&A side -- or sorry, on the cost of goods side, frankly, it's really going to depend on how we account for these tariff refunds that's going to be -- that's going to drive the impact. As you know, the tariff refunds are based on not when the money comes in, but when we think it actually hits our P&L. So there could be some significant helps in the third quarter coming from that, but we haven't really modeled that out yet. That's something that we'll be working on over the next couple of weeks. And then on the SG&A side, I would say most of the A&P increase that you're seeing in the second half is going to be mostly on the third quarter. We generally always have a very, very strong fourth quarter. And so you'll see those investments primarily more in the third quarter to strengthen the third quarter in preparation of the key consumption period in the fourth quarter. So I don't know if that -- Jean, if you had anything you wanted to add on that, please? Jean Madar: No, no, that's your part. Okay. So the scent profile, this is a very interesting question. So we're going to launch, as we said, a lot of new blockbuster next year. And of course, when we started to think about what we are going to launch, and this takes 18 to 24 months, we do a mapping of [indiscernible] is mapping to make sure that what we are going to launch doesn't cannibalize or doesn't go into the territory of the other franchise. So basically with new blockbuster, we're going to try to get new customers, maybe a different age, maybe a different taste, maybe a different geography. So this question is very interesting because we look for each brand at the spot that we are reaching, and we -- that's what we want to accomplish. So of course, a cannibalization could happen, but we're looking at additional events. Michel Atwood: Yes. Maybe just to build on Jean, I mean, when we design a blockbuster, the key is really to identify an unmet need from a consumer standpoint. What is the -- we look at the existing consumers and we look at why certain consumers are not buying. And if those consumers are not buying the list but are interested in the brand, we try to develop a consumer proposition that is going to cover some of those unmet needs. And so it's not always about necessarily of active profile, but it also has to deal with also the consumer proposition and the packaging and the concepts and a lot of areas like that. This is one of the reasons why it's so critical that it takes time to do this properly. The other area also that comes into effect on cannibalization is the level of incremental investments. So if you rob Peter to pay Paul, you definitely won't get -- you may get the uplift, but you'll see more cannibalization. And again, coming back to the question we got around investment profile, those are some of the areas that we have to look into as we start working through our 2027 plan, how aggressively do we want to invest relative to the potential risk of cannibalization. And again, there, the idea is to privilege profitable top line growth. Operator: Our next question comes from Fraser Donlon with Berenberg. Fraser Donlon: Jean and Michel, it's Fraser here from Berenberg. I have 2. So the first was just to ask about some of the kind of smaller retail brands in the portfolio because I think you have maybe 3 with -- which are expiring in 2026 or with extension options, which may not be taken up. I don't know. So like how are you thinking about that internally? And I guess the add-on to that would be, is there still an appetite to add potentially larger brands, either within the EU ops or the U.S. ops? And then the second question was just on your inventory into year-end. How should we think about that given you do have this really kind of strong pipeline building for 2027 when it comes to your own inventory? Jean Madar: Michel, do you want to start talking about the small brands? Michel Atwood: Yes. I mean, obviously, when we look at our portfolio, as you know, we have added a lot of larger brands, and we've also have a pipeline of brands that are coming with both Nautica and David Beckham. Ultimately, while our business model enables us to manage all types of brands quite efficiently in terms of capacity utilization and allocation of resources, we always look at these smaller brands towards their end of their life cycle, and then we'll make decisions in conjunction with the existing license partners. Again, we can't typically comment on those things until we're advanced. But I would say, generally, the smaller brands in the portfolio and when they get -- when they come to the end of their useful life, and don't necessarily make sense in our portfolio anymore, those are things that we are considering. And we have talked about building 1 to 2 points of headwinds to account for those things. Jean, I don't know if you want to comment on the smaller brand. Jean Madar: Yes, agree. But no, I would like to comment on new license and new brands. We are still actively looking for more license. As Michel mentioned, we're going to have David Beckham brand and Nautica joining the portfolio when the actual license. And we still have time for that. But we are actively talking to other brands, either some that have fragrance license already and some that do not have yet fragrance license. And we feel that with the organization that we have, with the diverse portfolio that we have, we can still accommodate new brands either in Paris or in New York. Michel Atwood: Yes. And then on the inventory, of course, inventory buildup will be dependent on actually when we phase and when we launch. But overall, I think we're feeling pretty good about the progress that we've been making on inventory, and we feel confident that we should see a much better position at the end of this year than what we had last year. Again, hard to really say until we actually have a clear read on our inventory buildup. But not all of our launches are going to happen on January 1 next year. Some of them are going to happen in the back half of the year. So yes, we should see some of these improvements that we've seen now across the various quarters continuing into year-end. Operator: We have reached the end of the question-and-answer session. I'd now like to turn the call back over to Michel Atwood for closing comments. Michel Atwood: All right. Thank you, Rob. Thank you all for joining us today. Jean and I really want to recognize our teams, our partners, our brands and all of our stakeholders whose dedication, trust and agility continue to drive efficiency and support our success as we navigate our uncertain environment together. I would also like to mention that I'll be participating in the Canaccord Annual Growth Conference in Boston on August 11 and 12, so next week. So if you'd like to participate, please reach out to your sales representative at Canaccord for information. And if you have any additional questions, please contact Devin Sullivan or Conor Rodriguez from The Equity Group, our Investor Relations representatives. And thank you, and have a great day. Operator: This concludes today's conference. You may disconnect your lines at this time, and we thank you for your participation. Before you buy stock in Interparfums, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Interparfums wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has positions in and recommends Interparfums. The Motley Fool has a disclosure policy. Interparfums (IPAR) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

This article first appeared on GuruFocus. Release Date: August 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Interparfums Inc (NASDAQ:IPAR) delivered 2% sales growth in both Q2 and first half of 2026, with organic sales up 4% in the quarter excluding Middle East war-related headwinds. North America, the largest market, grew 5%, while Asia-Pacific surged 14% and South America rose 15%, driven by strong brand execution and regional expansion. Several key brands showed robust momentum: Coach grew 10%, Mont Blanc advanced 6%, Jimmy Choo jumped 8% (23% in Q2), and Salvatore Ferragamo soared 41% in Q2. Digital commerce, especially Amazon and TikTok Shop, became a significant growth driver, with TikTok Shop now the fourth-largest beauty e-commerce platform in the US. The company is well-positioned for future growth with new brand launches (Longchamp, Off-White) and expansion in high-growth markets like India and Korea. Tariff impacts are expected to be minimal as manufacturing is primarily in Europe, and the company is implementing cost-saving initiatives and supply chain optimizations. Sales in the Middle East and Africa fell 24% due to the ongoing war, significantly impacting results, particularly for the Cavalli brand. Eastern Europe declined 7% due to operational difficulties and softer consumer demand, weighing on brands like Lanvin and Coach. Zakros (likely a typo for 'Zegna' or similar) sales dropped 16% due to steep comparisons from a strong prior-year period and regional pressures. The fragrance market has normalized after several years of exceptional growth, leading to more selective consumer spending and increased competition. Travel retail remains soft outside of New York, with conditions weaker in other regions, including the Middle East. The company faces ongoing macro and regional headwinds, including geopolitical tensions and operational challenges in certain markets, which could persist. Warning! GuruFocus has detected 6 Warning Sign with KAI. Is IPAR fairly valued? Test your thesis with our free DCF calculator. Q: What were the key drivers behind Interparfums' sales growth in the second quarter and first half of 2026, and how did regional performance vary?A: Jean Madar, Chairman and CEO, reported 2% sales growth in both the second quarter and first half of 2026. Excluding war-related headwinds in the Middle East, organic sales advanced 4% in the quarter and 1% year-to-date. North America grew 5%, Asia-Pacific surged 14%, and South America rose 15%. These gains were partially offset by declines in Eastern Europe (down 7%) and the Middle East/Africa (down 24%) due to regional conflicts and operational difficulties. Q: How did the company's major brands perform during the first half of 2026?A: Jean Madar highlighted broad-based momentum: Coach grew 10%, Mont Blanc advanced 6%, Jimmy Choo rose 8% (with a 23% jump in Q2), Guess increased 11%, Ferragamo jumped 17% (41% in Q2), Donna Karan/DKNY climbed 12%, and Roberto Cavalli grew 8%. These were partially offset by Zac Posen, which fell 16% against a very strong prior-year comparison. Q: What is the company's outlook for new brand launches and portfolio expansion?A: Jean Madar discussed significant strides in developing newer brands. Rochas is gaining momentum with distribution resumption and Paris boutique reopenings, while Holy Orange Tolferino expanded to 100 points of sale. The company is preparing first fragrance launches for Longchamp and Off-White in 2027, with Longchamp having the potential to become the next $100 million brand. Q: How is Interparfums navigating the evolving digital commerce landscape?A: Jean Madar emphasized the extraordinary rise of digital commerce as a growth driver in Q2, particularly through Amazon and TikTok Shop. Amazon now sells more beauty online than anyone else in both the US and Europe, while TikTok Shop has become the fourth largest beauty e-commerce platform in the US. The company is adapting its engagement strategies to meet consumers across these evolving channels. Q: What impact are tariffs having on the company's cost structure?A: Jean Madar explained that given the newest round of tariffs under Section 301, the company doesn't expect meaningful changes to its cost structure since manufacturing is primarily based in Europe. However, the company is proactively positioning distributors closer to points of sale to shorten supply lines and mitigate tariff impacts, while also working on cost-saving initiatives. Q: How is the travel retail channel performing?A: Jean Madar noted that travel retail remained a steady contributor, accounting for 7% of total net sales, in line with prior periods. New York is the strongest market for this channel currently, with softer conditions elsewhere, particularly in the Middle East. The company sees steady growth ahead for this business. Q: What is the company's strategy for the Asia-Pacific region?A: Jean Madar highlighted that Asia-Pacific was up 14%, driven by initiatives supporting Coach and Mont Blanc, with Kate Spade extending its footprint in Australia and New Zealand. The new Korean affiliate got off to an excellent start. The company is moving quickly to capitalize on consumers across Asia increasingly embracing the fragrance category, including a new partnership in India to bring Coach, Mont Blanc, and Jimmy Choo back to that fast-growing market. Q: How is the company addressing the challenges in the Middle East region?A: Jean Madar acknowledged that the war in the Middle East continues to impact results, with the region down 24% in the first half. Roberto Cavalli is the company's largest brand in the region and is being significantly affected. Despite these headwinds, the company maintains conviction and excitement about the brand's long-term trajectory. Q: What recognition has the company's fragrances received recently?A: Jean Madar noted that Oscar de la Renta took home the Best Eau de Parfum at the Marie Claire Fragrance Awards 2026, and Ferragamo Signorina Romantica was honored as the Best Sensual Gourmand Fragrance at the Who What Wear Fragrance Awards 2026. These honors celebrate the artistry of the team and partners while adding to the desirability of the portfolio. Q: What is the company's view on the overall US fragrance market?A: Jean Madar stated that the US fragrance market was once again the fastest-growing beauty category in the first half, owing to its status as an affordable indulgence and daily form of self-expression. While the market has normalized after several years of exceptional growth, the opportunity remains attractive, particularly for brands with personality, quality, and global reach. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Interparfums, Inc.? Here are five stocks we like better. Interparfums maintained its 2026 outlook for approximately $1.48 billion in sales and diluted EPS of $4.85 after reporting 2% sales growth in both the second quarter and first half. Growth was led by North America, Asia Pacific and Central and South America, while Europe and the Middle East and Africa declined. Major brands including Coach, Montblanc, Jimmy Choo, GUESS and Ferragamo posted first-half gains. Tariff refunds are expected to support margins and brand investment, with the company forecasting roughly 150 basis points of full-year gross-margin improvement. Management also highlighted a strong 2027 launch pipeline, including major fragrances from Montblanc, Coach, GUESS, Jimmy Choo, Longchamp and Off-White. 3 personal care stocks that smell like good earnings plays Interparfums (NASDAQ:IPAR) reported 2% sales growth in both the second quarter and first half of 2026, as gains in North America, Asia Pacific and Central and South America offset declines in parts of Europe and the Middle East and Africa. Chairman and Chief Executive Officer Jean Madar said the company’s results reflected demand for its global fragrance portfolio, new product extensions and improved performance at its U.S.-based operations. Excluding headwinds related to the war in the Middle East, organic sales increased 4% in the second quarter and 1% for the first half. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control MarketBeat Week in Review – 07/31 - 08/04 “Despite the challenges that persist in our business and industry,” Madar said, the results provide confidence in the company’s ability to meet its full-year objectives and pursue long-term value creation. North America, Interparfums’ largest market, grew 5% in the first half, supported by new Coach product extensions and marketing investments. Asia Pacific sales rose 14%, aided by Coach and Montblanc initiatives, GUESS expansion in Australia and New Zealand, and the early performance of the company’s Korean affiliate. Central and South America increased 15%, led by Coach and Montblanc. → 3 Drone Stocks That Should Soar After the Summer Slump Smells Like New Highs for This Fragrance Boom Winner Those gains were partly offset by a 3% decline in Western Europe, a 7% decline in Eastern Europe and a 24% decline in the Middle East and Africa. Madar said the Middle East conflict continued to weigh on results, while Eastern Europe faced operational difficulties in certain markets. Among the company’s major brands, Coach sales grew 10% during the first half, while Montblanc increased 6%, Jimmy Choo rose 8%, GUESS advanced 11%, and Ferragamo gained 17%. Ferragamo’s second-quarter sales jumped 41%, with the Signorina and Ferragamo lines benefiting from launches introduced in late 2025 and a commercial innovation program implemented in May. → The Bitcoin Comeback May Already Be Underway—2 ETFs for Exposure Donna Karan DKNY sales rose 12% in the first half, including a 28% second-quarter increase. Madar highlighted e-commerce as a growing contributor for the brand, with Cashmere Mist deodorant continuing to generate demand through TikTok Shop and Amazon. Roberto Cavalli grew 8% in the first half, while Lacoste declined 16% against a comparison period that included strong product launches and amid pressure in Eastern Europe. The company said its seven largest brands, which represented 81% of first-half sales, grew 6%. Its direct-to-retail channel represented 42% of sales and increased 9%. Chief Financial Officer Michel Atwood said first-half gross margin expanded 30 basis points to 65.3%, aided by brand and channel mix as well as lower inventory destruction costs. The improvement was partly offset by tariffs, which added $8.2 million in expense during the first half compared with the prior year. As of June 30, the company had received $8.7 million in refunds related to IEEPA tariffs, including $6.9 million recognized as a non-recurring reduction in cost of sales during the second quarter. Interparfums received the remaining balance of the $17.6 million in expected refunds in July, which Atwood said would benefit the third and fourth quarters. The company expects full-year gross margin to improve by roughly 150 basis points. About 110 basis points of that improvement is expected to come from tariff refunds, with the remainder tied to mix and cost-efficiency initiatives. Interparfums increased advertising and promotional spending to $129 million, or 18.8% of sales, in the first half. Atwood said the company intends to reinvest tariff refunds into brand support and expects full-year advertising and promotional spending to approach its long-term target of about 21% of net sales. First-half operating profit was $123 million, producing an operating margin of 17.9%, compared with 20% in the prior-year period. Net income was unchanged at $74 million, or $2.31 per diluted share, compared with $2.32 per diluted share a year earlier. European-based operations recorded a 4% second-quarter sales decline and a 1% first-half decline. The segment faced a strong prior-year comparison and saw organic sales decline 5% in both periods. First-half net income attributable to European operations was $73 million, or 15% of sales, compared with 16.6% a year earlier. U.S.-based operations benefited from comparison to a 2025 quarter affected by weaker innovation and tariff-related supply-chain disruptions. Second-quarter sales in the segment rose 18%, including 17% organic growth, while first-half sales increased 10%. First-half net income attributable to U.S. operations increased to $24 million, or 11.4% of sales, from 9.6% in the prior year. The company ended June with $211 million in cash equivalents and short-term investments and working capital of $664 million. Inventory declined 12% to $367.76 million, while inventory days on hand fell by 34 days to 269 days. Operating cash flow improved to $46 million in the first half from $5 million a year earlier. Interparfums’ board also authorized a share repurchase program and approved a line of credit of up to $250 million to support potential repurchases of Inter Parfums Inc. shares, Interparfums SA shares, or both. Atwood said the company would use the authorization in a measured manner while prioritizing business investment and strategic opportunities. The company maintained its 2026 outlook for sales of approximately $1.48 billion and diluted earnings per share of $4.85. Atwood said the forecast incorporates the benefit of the $17.6 million in tariff refunds, which are expected to help fund brand investments while offsetting higher-than-expected tariffs and logistics costs. Management expects improved growth in 2027, supported by major launches across several of its larger brands. Madar said Montblanc, Coach, GUESS and Jimmy Choo are each expected to introduce a “blockbuster” new fragrance pillar during 2027, with launches staggered across the year. Interparfums also plans to launch Longchamp and Off-White fragrances in 2027. Madar said Longchamp has the potential to become a $100 million brand, while Off-White men’s and women’s fragrances are scheduled to launch near the end of the first quarter. The company is also preparing additional products for Rick Owens and Solférino. Management said it remained cautious about the Middle East conflict, demand conditions in certain international markets, foreign exchange movements and potential supplier price increases. Still, executives cited the fragrance category’s resilience, a growing digital commerce opportunity and the company’s innovation pipeline as factors supporting its longer-term outlook. Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others. The company's core activities include fragrance creation, brand management and international logistics. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Interparfums Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Interparfums, Inc. IPAR reported second-quarter 2026 results, wherein the bottom line missed the Zacks Consensus Estimate and experienced year-over-year declines. However, the top line improved year over year. Interparfums posted quarterly earnings of 95 cents per share, which decreased 4% from 99 cents reported in the prior-year period. The metric missed the Zacks Consensus Estimate of $1.04 per share. Interparfums, Inc. price-consensus-eps-surprise-chart | Interparfums, Inc. Quote Consolidated net sales rose 2% to $341 million from $333.9 million in the year-ago quarter. Organic sales rose 1%, while excluding headwinds related to the war in the Middle East, second-quarter organic sales increased 4%. Foreign currency movements provided a positive impact of 1%. European-based operations’ sales declined 4%, reflecting a 5% organic decrease that was partially offset by favorable foreign currency movements. U.S.-based operations delivered an 18% sales increase, supported by 17% organic growth against a softer year-ago base. Interparfums posted a consolidated gross margin of 65.5%, down 70 bps from 66.2% in the prior-year quarter. Selling, general and administrative expenses increased to 51.2% of sales from 48.5% a year earlier. The rise reflected higher brand marketing spending, royalty costs that grew faster than sales due to brand mix, and elevated logistics expenses associated with supply-chain transitions and channel mix.Operating income declined 17.3% to $48.9 million, while the operating margin fell 330 basis points to 14.4%. We expected an operating margin of 18.2% for the quarter. Interparfums ended the second quarter of 2026 with $211 million in cash, cash equivalents and short-term investments. Long-term debt approximated $143 million as of June 30, 2026, and the company declared its regular quarterly cash dividend of 80 cents per share, payable Sept. 30, 2026, to shareholders of record on Sept. 15. Interparfums reaffirmed its 2026 guidance, projecting net sales of $1.48 billion and earnings per share of $4.85. Management continues to monitor the war in the Middle East, inflation-related supplier pricing and changes in consumer demand.Shares of this Zacks Rank #2 (Buy) company have gained 35.6% in the past three months compared with the industry’s growth of 8%. Image Source: Zacks Investment Research Duluth Holdings DLTH sells casual wear, workwear, outdoor apparel and accessories for men and women in the United States. DLTH presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Duluth Holdings’ current fiscal-year earnings implies growth of 39.5% from the year-ago figure. DLTH delivered a trailing four-quarter earnings surprise of 107.5%, on average. Vince Holding Corp. VNCE provides luxury apparel and accessories in the United States and internationally. At present, the company carries a Zacks Rank #2. VNCE delivered a trailing four-quarter earnings surprise of 635.7%, on average. The Zacks Consensus Estimate for Vince Holding’s current fiscal-year sales and earnings indicates growth of 8.5% and 34.1%, respectively, from the year-ago figures. Revolve Group, Inc. RVLV operates as an online fashion retailer for millennial and Generation Z consumers in the United States and internationally. It currently holds a Zacks Rank of 2. RVLV delivered a trailing four-quarter average earnings surprise of 52.1%.The Zacks Consensus Estimate for Revolve Group’s current fiscal-year sales implies growth of 10.6%, from the year-ago figures. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interparfums, Inc. (IPAR) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report Duluth Holdings Inc. (DLTH) : Free Stock Analysis Report Revolve Group, Inc. (RVLV) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Second Quarter Net Sales Rose to $341 Million with Diluted EPS of $0.95; First Half Net Sales Increased to $686 Million with Diluted EPS of $2.31 Quarterly Cash Dividend of $0.80 Per Share to be Paid on September 30, 2026 NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported results for the second quarter and six months ended June 30, 2026. Operational CommentaryJean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “Our results at the midpoint of the year reflect the benefits of a diversified brand portfolio, the continued strength of the global fragrance category, and steady consumer demand. Despite certain geopolitical and regional pressures, we delivered top-line growth, benefited from strong performance by several of our top brands, and further improved our robust financial position. At the same time, we continued to invest in product initiatives and advertising and promotion that position us well for the balance of the year and beyond. “During the first half of 2026, consolidated net sales increased 2%, supported by growth in North America, Asia/Pacific and Central and South America. Sales in North America, our largest market, rose 5%, driven by ongoing market growth, new brand extensions, particularly for Coach, and effective marketing and advertising investments. Asia/Pacific sales increased 14% thanks to Coach and Montblanc brand initiatives, GUESS sales expansion in Australia/New Zealand, and strong results from our new Korean affiliate after several years of uneven performance in that market. Central and South America sales rose 15% on the success of Coach’s women’s and men’s franchises and Montblanc’s Legend line. Total growth was partially offset by a 7% decrease in Eastern Europe due to operational challenges in certain countries, which disproportionately impacted Lanvin and Lacoste, and a 24% decline in the Middle East and Africa due primarily to the ongoing war in the Middle East. “By brand, first half 2026 sales grew across several of our key franchises and geographies. For brands managed by our European based operations, Coach increased 10%, Jimmy Choo rose 8%, and Montblanc grew 6%. In contrast, Lacoste declined 16%, reflecting a high sales comparison in the prior year period and ongoing challenges in Eastern Europe.   For brands managed by our United States-based operations, GUESS grew 11%, Donna Karan/DKNY rose 12%, Ferragamo increased 17%, and Roberto Cavalli grew 8%.” Continued Portfolio-Wide InnovationMr. Madar continued, “We've continued to introduce new line extensions across our brand portfolio, expanding our market reach and broadening our appeal to new audiences. During the second quarter, these included: GUESS, Iconic Blue for men; Lacoste, L.12.12 Bleu for men; Ferragamo, Fiamma Assoluta for women; Rochas, Audace Le Parfum for women; MCM, Cozy Cat for men and women, and Roberto Cavalli, Marbleous Cypress for men and women. “Looking ahead, we have an extensive lineup of additional extensions and collections scheduled for launch in the second half of this year, which should enable us to maintain the same momentum we had in the first half. We also remain on track with major initiatives that will lay the groundwork for a series of blockbuster launches across our brand portfolio in 2027 and 2028.” Closing RemarksMr. Madar concluded, “We believe our strategy and proven expertise position us to navigate near-term uncertainty while building durable, long-term success. Our customers, brand partners, and consumers remain at the center of every decision we make. By maintaining operational discipline and executing smartly, we are positioning the business to fully capitalize on the opportunities ahead.” Financial CommentaryMichel Atwood, Chief Financial Officer of Interparfums, noted, “We delivered measured top-line growth in the second quarter and first half of 2026, while improving cash conversion, and strengthening inventory efficiency. We have improved our strong financial position and continue to return capital to shareholders through our disciplined cash management and capital allocation strategy.” Consolidated sales rose 2% in both the second quarter and first half of 2026. Organic sales rose 1%, but declined 1% in second quarter and first half, respectively. Excluding headwinds due to the war in the Middle East, organic sales for these periods rose 4% in the second quarter and 1% in the first half. The effect of prior-year performance dynamics impacted 2026 period comparisons. United States based operations in the second quarter of 2025 were adversely impacted by a weak innovation program and tariff-related supply chain disruptions, creating a favorable comparison base for the current second quarter. Conversely, European based operations sales in the second quarter of 2026 competed against high growth comparison in the prior year period. Sales from European based operations declined 4% in the second quarter of 2026, as a 5% organic decline was partially offset by foreign exchange. First half sales declined 1% which included a 5% organic decline partially offset by a foreign exchange tailwind. Sales from our United States based operations grew 18% in the 2026 second quarter, driven by 17% organic growth off a soft 2025 base. This performance lifted first half 2026 sales by 10%, of which 8% was organic growth. Consolidated gross margin in the first half of 2026 rose 30-basis points to 65.3% from 65.0% for the same prior year period. The increase was the result of favorable segment, brand and channel mix as well as lower than expected destruction costs driven by our inventory efficiency programs, which were partially offset by higher net tariff expense. Selling, General and Administrative (“SG&A”) expenses as a percentage of sales rose to 51.2% and 47.4% in the second quarter and first half of 2026, respectively, compared to 48.5% and 45.0% during the prior year periods. The increases were primarily due to higher brand marketing spending, royalty costs growing ahead of sales driven by unfavorable brand mix, as well as higher logistics costs related to supply chain transitions and channel mix. Advertising and promotional (“A&P”) expenses in the second quarter and first half of 2026 rose to $77 million and $129 million, representing 22.6% and 18.8% of sales, compared to 20.6% and 17.9% of sales during the respective prior year periods. We are reinvesting the tariff refunds to protect our top-line growth and position the Company for a successful 2027; as such, we anticipate that on a full year basis, our 2026 A&P expenditures will approach our long-term target of approximately 21% of net sales. Operating margins in the second quarter and first half of 2026 declined to 14.4% and 17.9%, as compared to 17.7% and 20.0% for the corresponding periods of 2025. Consolidated effective tax rate for the first half of 2026 was stable at 24.2% compared to 24.3% in the prior year period. Q2 2026 net income was $30 million, or $0.95 per diluted share, compared to $32 million or $0.99 in the prior year, while first half net income held stable at $74 million, or $2.31 per diluted share, compared to $2.32 a year ago. As a percentage of sales, net income declined to 8.9% in Q2 2026 and 10.8% in the first half of 2026. Strong Financial Position, Favorable Cash Conversion Dynamics, and Efficient Operations Mr. Atwood continued, “As of June 30, 2026, we reported $211 million in cash, cash equivalents and short-term investments, and working capital of $664 million. We continued to enhance our cash conversion cycle in the first half of 2026, with operating cash flow reaching $46 million, or 49% of net income, up from $5 million, or 5% of net income, in the prior year period. We made further progress on enhancing our inventory productivity, reducing total inventory levels by 12% compared to the prior year period, translating to a reduction of 34 days inventory on hand to 269 days as we continue to drive inventory efficiencies and work to increase conversion of raw materials into finished goods. Long-term debt approximated $143 million.” Reaffirms 2026 Guidance Mr. Atwood concluded, “We are maintaining our 2026 outlook of $1.48 billion in sales and EPS of $4.85. Our EPS guidance includes the expected benefits of the $17.6 million of tariff refunds received this year, including $8.7 million in the second quarter of 2026, which is enabling us to reinvest in A&P and offset higher than expected tariff and logistic costs. While we remain mindful of external pressures, our outlook for the remainder of 2026 is supported by the resilience of our business model, the expanding reach of our brand portfolio, and our ongoing efforts to offset macroeconomic headwinds. We continue to monitor global conditions, including the war in the Middle East, inflation-related supplier pricing, and shifts in consumer demand. We remain confident in the strength of our plans for 2027 and 2028.” Guidance assumes that the average dollar/euro exchange rate remains at current levels. Dividend The Company’s regular quarterly cash dividend of $0.80 per share will be paid on September 30, 2026, to shareholders of record on September 15, 2026. Conference CallManagement will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, August 5, 2026. Interested parties may participate in the live call by dialing: U.S. / Toll-free: (877) 423-9820International: (201) 493-6749 Participants are asked to dial-in approximately 10 minutes before the conference call is scheduled to begin. A live audio webcast will also be available in the “Events” tab within the Investor Relations section of the Company’s website at www.interparfumsinc.com, or by clicking here. The conference call will be available for webcast replay for approximately 90 days following the live event. About Interparfums, Inc.: Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy. Our licensed portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Annick Goutal, Lanvin, Off-White, Rochas, and Solférino. Forward-Looking Statements: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 Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2025, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release. Contact Information: See Accompanying Tables