Interparfums, Inc. Reports 2025 Second Quarter Net Sales
Interparfums (NASDAQ: IPAR) reported mixed Q2 2025 results with net sales of $334 million, down 2% from Q2 2024. European operations showed strength with a 6% increase, while U.S. operations declined 20%.
Key brand performances included Coach and Lacoste showing impressive growth of 59% and 42% respectively, with Lacoste positioned to become their next $100M brand. The company faced challenges including the Dunhill license discontinuation impact and tariff-related supply chain disruptions affecting GUESS and DKNY sales.
Management views Q2's softness as temporary, with planned pricing actions, new fragrance launches, and favorable foreign exchange rates expected to drive stronger H2 2025 performance.
Interparfums (NASDAQ: IPAR) ha riportato risultati contrastanti nel secondo trimestre 2025, con vendite nette pari a 334 milioni di dollari, in calo del 2% rispetto al secondo trimestre 2024. Le operazioni europee hanno mostrato solidità con un aumento del 6%, mentre quelle statunitensi sono diminuite del 20%.
Tra le performance chiave dei marchi, Coach e Lacoste hanno registrato una crescita impressionante rispettivamente del 59% e del 42%, con Lacoste pronta a diventare il loro prossimo marchio da 100 milioni di dollari. L'azienda ha affrontato alcune sfide, tra cui l'impatto della cessazione della licenza Dunhill e le interruzioni della catena di approvvigionamento legate ai dazi, che hanno influenzato le vendite di GUESS e DKNY.
La direzione considera la debolezza del secondo trimestre come temporanea, prevedendo che le azioni di prezzo pianificate, i nuovi lanci di fragranze e i tassi di cambio favorevoli stimoleranno una performance più solida nella seconda metà del 2025.
Interparfums (NASDAQ: IPAR) reportó resultados mixtos en el segundo trimestre de 2025 con ventas netas de 334 millones de dólares, una disminución del 2% respecto al segundo trimestre de 2024. Las operaciones en Europa mostraron fortaleza con un aumento del 6%, mientras que las operaciones en EE.UU. disminuyeron un 20%.
Entre las marcas clave, Coach y Lacoste mostraron un crecimiento impresionante del 59% y 42% respectivamente, con Lacoste posicionándose para convertirse en su próxima marca de 100 millones de dólares. La compañía enfrentó desafíos, incluyendo el impacto por la discontinuación de la licencia Dunhill y las interrupciones en la cadena de suministro relacionadas con aranceles que afectaron las ventas de GUESS y DKNY.
La gerencia considera que la debilidad del segundo trimestre es temporal, con acciones planificadas de precios, nuevos lanzamientos de fragancias y tipos de cambio favorables que se espera impulsen un mejor desempeño en la segunda mitad de 2025.
Interparfums (NASDAQ: IPAR)는 2025년 2분기 실적에서 순매출 3억 3,400만 달러를 기록하며 2024년 2분기 대비 2% 감소한 혼조된 결과를 보고했습니다. 유럽 사업은 6% 증가하며 강세를 보였으나, 미국 사업은 20% 감소했습니다.
주요 브랜드 실적에서는 코치(Coach)와 라코스테(Lacoste)가 각각 59%, 42%의 인상적인 성장을 기록했으며, 라코스테는 차기 1억 달러 브랜드로 자리매김할 전망입니다. 회사는 던힐(Dunhill) 라이선스 중단 영향과 관세 관련 공급망 차질로 인해 GUESS 및 DKNY 판매에 어려움을 겪었습니다.
경영진은 2분기 실적 부진을 일시적 현상으로 보고 있으며, 예정된 가격 조정, 신제품 향수 출시, 유리한 환율 등이 2025년 하반기 실적 개선을 견인할 것으로 기대하고 있습니다.
Interparfums (NASDAQ : IPAR) a publié des résultats mitigés pour le deuxième trimestre 2025, avec des ventes nettes de 334 millions de dollars, en baisse de 2 % par rapport au deuxième trimestre 2024. Les opérations européennes ont montré une bonne dynamique avec une hausse de 6 %, tandis que les opérations américaines ont reculé de 20 %.
Les performances clés des marques incluent Coach et Lacoste qui ont enregistré une croissance impressionnante de 59 % et 42 % respectivement, Lacoste étant en passe de devenir leur prochaine marque à 100 millions de dollars. La société a fait face à des défis, notamment l'impact de l'arrêt de la licence Dunhill et les perturbations de la chaîne d'approvisionnement liées aux tarifs douaniers affectant les ventes de GUESS et DKNY.
La direction considère que la faiblesse du deuxième trimestre est temporaire, avec des actions tarifaires prévues, de nouveaux lancements de parfums et des taux de change favorables qui devraient stimuler une meilleure performance au second semestre 2025.
Interparfums (NASDAQ: IPAR) meldete gemischte Ergebnisse für das zweite Quartal 2025 mit Nettoumsätzen von 334 Millionen US-Dollar, was einem Rückgang von 2 % gegenüber dem zweiten Quartal 2024 entspricht. Die europäischen Geschäfte zeigten Stärke mit einem 6%igen Anstieg, während die US-Geschäfte um 20% zurückgingen.
Wichtige Markenleistungen umfassten Coach und Lacoste, die beeindruckende Wachstumsraten von 59 % bzw. 42 % verzeichneten, wobei Lacoste sich als nächste Marke mit 100 Millionen Dollar Umsatz positioniert. Das Unternehmen sah sich Herausforderungen gegenüber, darunter die Auswirkungen der Einstellung der Dunhill-Lizenz und zollbedingte Lieferkettenstörungen, die die Verkäufe von GUESS und DKNY beeinträchtigten.
Das Management betrachtet die Schwäche im zweiten Quartal als vorübergehend, mit geplanten Preisanpassungen, neuen Duftlancierungen und günstigen Wechselkursen, die eine stärkere Performance in der zweiten Hälfte 2025 erwarten lassen.
- None.
- Overall Q2 net sales declined 2% YoY to $334 million
- U.S.-based operations decreased 20%, with 8% impact from Dunhill discontinuation
- GUESS and Donna Karan/DKNY fragrance sales declined 8% and 13% respectively
- Jimmy Choo fragrance sales dropped 20% in Q2
- Supply chain disruptions due to tariffs affected performance
Insights
Interparfums reports mixed Q2 results with overall sales down 2% but positive European performance and strategic position for H2 growth.
Interparfums has delivered a mixed second quarter with overall net sales declining 2% to
Regional performance reveals divergent trends. European operations grew
The foreign exchange environment has been favorable, with a
Brand performance shows significant variability. Jimmy Choo fragrances declined
Management projects stronger second-half performance based on planned pricing actions, new product launches, and continued foreign exchange benefits. The shifting of orders into Q1 explains part of the Q2 softness, suggesting this isn't necessarily indicative of a longer-term trend.
2025 Second Quarter Conference Call Scheduled for August 6, 2025
NEW YORK, July 23, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced net sales for three and six months ended June 30, 2025.
| Net Sales ($ in millions) | Three Months Ended | Six Months Ended | ||||||||||||||
| June 30, | June 30, | |||||||||||||||
| 2025 | 2024 | % Change | 2025 | 2024 | % Change | |||||||||||
| Total Interparfums, Inc. | $334 | $342 | (2%) | $673 | $666 | 1% | ||||||||||
| European based net sales | ||||||||||||||||
| United States based net sales | ( | ( | ||||||||||||||
| Eliminations of intercompany sales | ($2) | ($4) | n/a | ($6) | ($7) | n/a | ||||||||||
| - The average dollar/euro exchange rate for the 2025 second quarter was 1.13 compared to 1.08 in the 2024 second quarter, while for the first six months of 2025, the average dollar/euro exchange rate was 1.09 compared to 1.08 in the first six months of 2024, leading to a positive | ||||||||||||||||
| Data may not foot due to rounding. | ||||||||||||||||
Management Commentary:
Jean Madar, Chairman & Chief Executive Officer of Interparfums stated, “Consolidated sales on an organic basis for the first six months grew
“While the current macroeconomic environment created headwinds in certain geographies, we view the impacts on our business as transitory as we mitigate the near-term pressures and fuel our longer-term strategy with our retail and distribution partners. We are adapting to the evolving landscape and remain confident in the strength of the market, particularly in the United States, and the resilience of our brand portfolio.
“During the second quarter, sales by European based operations increased
“As compared to the high base in last year’s second quarter, Jimmy Choo fragrance sales declined
“For United States based operations, 2025 second quarter sales decreased
“Due largely to the timing of product launches and tariff generated supply chain disruptions, GUESS and Donna Karan/DKNY fragrance sales declined by
Mr. Madar concluded, “We remain agile in our operations and view this quarter as a period of momentary softness within an otherwise positive sales trajectory. With thoughtful pricing actions set to take effect over the coming months, alongside an alluring lineup of fragrance introductions, and foreign exchange tailwinds, we are well positioned to capitalize on the strength of the prestige fragrance market and deliver stronger results in the second half of 2025.”
2025 Second Quarter Results and Conference Call Details
The Company will issue financial results for the three and six months ended June 30, 2025, on Tuesday, August 5, 2025, 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 Wednesday, August 6, 2025.
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
Our 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, 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 Lanvin, Rochas, and Solferino.
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, 2024, 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 | Karin Daly | |
| Chief Financial Officer | Investor Relations Counsel | |
| (212) 983-2640 | (212) 836-9623 / kdaly@theequitygroup.com | |
| www.interparfumsinc.com | www.theequitygroup.com |
FAQ
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