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Interparfums, Inc. Reports 2026 First Quarter Net Sales

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(Moderate)
Rhea-AI Sentiment
(Very Positive)
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Interparfums (NASDAQ: IPAR) reported 2026 Q1 net sales of $345 million, up 2% from $339 million a year earlier. The average dollar/euro rate was 1.17 vs 1.05, producing a +4.6% foreign exchange impact. Excluding a ~1% Middle East headwind, organic sales declined ~2%.

Management will release full results on May 5, 2026, and host a conference call on May 6, 2026 at 11:00 am ET.

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Positive

  • Total net sales of $345 million, +2% year-over-year
  • Foreign exchange provided a +4.6% uplift in Q1
  • Coach fragrance sales +30% in the 2026 first quarter
  • Roberto Cavalli net sales +32% in Q1 2026
  • GUESS fragrance sales +11% in Q1 2026
  • Montblanc fragrance sales +14% in Q1 2026

Negative

  • Organic sales declined by ~2% excluding Middle East impact
  • Lacoste net sales -12% in the 2026 first quarter
  • Jimmy Choo brand net sales -4% in Q1 2026
  • Donna Karan/DKNY net sales -3% in Q1 2026
  • Estimated Middle East regional headwind of ~1%

Key Figures

Q1 2026 net sales: $345M Q1 2025 net sales: $339M Net sales growth: 2% +5 more
8 metrics
Q1 2026 net sales $345M Total Interparfums, Inc. net sales for three months ended March 31, 2026
Q1 2025 net sales $339M Total Interparfums, Inc. net sales for three months ended March 31, 2025
Net sales growth 2% Year-over-year total net sales change Q1 2026 vs Q1 2025
Coach sales growth 30% Coach fragrance sales increase in the 2026 first quarter
Montblanc sales growth 14% Montblanc fragrance sales increase in the 2026 first quarter
Jimmy Choo sales change -4% Overall Jimmy Choo fragrance net sales change in Q1 2026
Lacoste sales change -12% Lacoste fragrance sales change in the 2026 first quarter
FX impact 4.6% Positive foreign exchange impact on 2026 first quarter results

Market Reality Check

Price: $95.20 Vol: Volume 157,199 vs 20-day ...
low vol
$95.20 Last Close
Volume Volume 157,199 vs 20-day average 266,373 (relative volume 0.59), indicating lighter-than-normal trading ahead of the release. low
Technical Shares at $98.01, trading below the 200-day MA of $99.49, and about 31.27% under the 52-week high with a cushion of 26.94% above the 52-week low.

Peers on Argus

IPAR was down 0.83% pre-release while key peers like COTY, NWL, ELF, SPB, and EL...
1 Down

IPAR was down 0.83% pre-release while key peers like COTY, NWL, ELF, SPB, and EL all showed positive moves between roughly 1.4% and 2.7%, pointing to stock-specific dynamics rather than a sector-wide move.

Historical Context

5 past events · Latest: Feb 24 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 24 Full-year 2025 results Positive -1.3% Reported record 2025 results and reaffirmed 2026 guidance with solid cash.
Jan 28 Nautica license deal Positive +0.3% Signed 20-year worldwide Nautica fragrance license with >$70M early sales goal.
Jan 28 David Beckham license Positive +0.3% Entered 20-year David Beckham fragrance license with new signature launch planned.
Jan 26 GUESS license extension Positive -1.6% Extended exclusive GUESS fragrance license through 2048, reinforcing long-term pipeline.
Jan 21 Record 2025 net sales Positive +5.8% Announced record 2025 net and Q4 sales with detailed regional performance.
Pattern Detected

Recent news has generally been positive, but price reactions have been mixed, with several record-result or strategic-license announcements followed by both gains and sell-the-news pullbacks.

Recent Company History

Over the last few months, Interparfums reported record 2025 sales of $1.49B and reiterated its 2026 outlook, yet the immediate reaction to full results on Feb 24, 2026 was a -1.32% move. Earlier, record 2025 net sales and Q4 performance on Jan 21, 2026 saw a stronger +5.85% response. Strategic steps included 20-year licenses with Nautica and David Beckham and an extension of the GUESS agreement through 2048. Today’s Q1 2026 sales update fits into this pattern of steady growth with occasionally inconsistent price reactions.

Market Pulse Summary

This announcement highlights Q1 2026 net sales of $345M, a 2% year-over-year increase, supported by ...
Analysis

This announcement highlights Q1 2026 net sales of $345M, a 2% year-over-year increase, supported by robust brand stories such as Coach up 30% and Montblanc up 14%, offset by declines at Jimmy Choo and Lacoste. Management notes a 4.6% foreign exchange tailwind and macro pressures weighing on organic sales, which fell 2%. Investors may watch upcoming full Q1 results, brand mix trends, and regional performance to gauge how resilient this growth profile remains amid geopolitical and retail inventory headwinds.

Key Terms

organic sales, foreign exchange
2 terms
organic sales financial
"Excluding the war in the Middle East, which represented an estimated 1% headwind, organic sales declined moderately by 2%."
Organic sales are the change in a company’s revenue that comes from its existing business operations, excluding effects of acquisitions, divestitures, and currency swings. Think of it like measuring how much a garden grows from the plants you already tended, rather than adding new pots; investors use organic sales to judge whether demand and core business performance are genuinely improving or if growth is driven by one‑time deals or accounting shifts.
foreign exchange financial
"The average dollar/euro exchange rate for the 2026 first quarter was 1.17 compared to 1.05 in the 2025 first quarter, leading to a positive 4.6% foreign exchange impact."
Foreign exchange is the process of swapping one country's money for another’s, like exchanging dollars for euros when traveling. It matters because it determines how much your money is worth in another country, affecting prices, investments, and international trade. This system helps businesses and governments buy and sell across borders smoothly.

AI-generated analysis. Not financial advice.

2026 First Quarter Conference Call Scheduled for May 6, 2026

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced net sales for the three months ended March 31, 2026.

Net Sales
($ in millions)
Three Months Ended
March 31,
 20262025% Change
Total Interparfums, Inc.$345$3392%
European-based net sales$252$2482%
United States based net sales$96$942%
Elimination of intercompany sales($3)($3)n/a
The average dollar/euro exchange rate for the 2026 first quarter was 1.17 compared to 1.05 in the 2025 first quarter, leading to a positive 4.6% foreign exchange impact.
Data may not foot due to rounding.
 

Management Commentary:
Jean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “We started off the year broadly in line with expectations with consolidated sales increasing 2% on a reported basis to $345 million, reflecting solid performances from select brands and favorable foreign exchange dynamics, which partially offset less favorable results from other brands in the portfolio. Excluding the war in the Middle East, which represented an estimated 1% headwind, organic sales declined moderately by 2%. Growth continues to be more measured compared to recent years amid ongoing macroeconomic pressures and geopolitical uncertainty. Consumer interest in fragrance remains resilient, and we are actively navigating an industry that continues to normalize as consumers become more selective and retailers are managing inventory cautiously. We are encouraged by the category’s durability and remain cautiously optimistic about the future of our ever-evolving brand portfolio.”

European Based Operations
Mr. Madar continued, “In the first quarter, reported sales from European based operations increased 2%, which included a 5.5% positive foreign exchange impact.

“Coach fragrance sales grew 30% in the 2026 first quarter, following an 11% increase in the 2025 first quarter. This quarter’s growth reflected strong sell-in following the launches of new extensions within the Coach Women and Coach Men franchises, Coach Cherry and Coach Platinum, as well as sustained strong demand across most existing lines.

“Montblanc fragrance sales rose 14% in the first quarter, driven by the launch of Legend Elixir, the first launch for the Legend franchise since 2024, the success of the Explorer Extreme line launched last year, and a lower sales base in last year’s first quarter. We plan to launch a new extension for the Explorer Extreme line in the second half of this year to sustain the brand.

“While Jimmy Choo fragrance sales continue to grow in the United States, supported by the ongoing success of the I Want Choo franchise and the first quarter launch of Jimmy Choo Man Parfum, overall brand net sales declined 4% in the first quarter. The decrease reflected a moderate downturn in certain European and Asian markets.

“A high comparative base to last year’s first quarter, when sales grew 30% behind a very successful innovation program, as well as challenging market conditions primarily in Eastern Europe, drove a 12% decline in Lacoste sales in the 2026 first quarter. We remain confident in the brand’s medium- and long-term potential, given recent and upcoming extensions in 2026 and planned blockbuster launches for women’s and men’s fragrances in 2027 and 2028.”

United States Based Operations
Mr. Madar continued, “Sales by our United States operations rose by 2% during the 2026 first quarter, which included a 2.5% favorable foreign exchange impact. Organic sales were broadly flat.

“Fragrance sales of GUESS, our largest United States based brand, rose 11% in the first quarter. Growth was supported by successful launches of new extensions within the Iconic and Seductive pillars − Iconic Sublime, the newest men’s fragrance that extends the franchise’s strong momentum, and Seductive Desire, a bold new dual-gender fragrance duo.

“Following a successful first two years in our portfolio, Roberto Cavalli continued to generate robust results to start 2026, achieving a 32% increase in net sales during the first quarter. Growth was fueled by the latest innovation released during the quarter, including the Just Cavalli Wild Heart extension dual-gender duo, Wild Pink & Wild Blue, and Verde Assoluto, the newest fragrance within the Uomo pillar.

“Donna Karan/DKNY net sales declined by a modest 3% off a strong sales base in the first quarter of 2025; however, sales of Be Delicious Core rebounded by 17% in the 2026 first quarter, compared to the same period last year, reflecting renewed consumer demand and strengthening momentum for the franchise. We expect sales to improve as the year progresses, driven by support for the new DKNY three-scent collection, Be Delicious Latte, and the new fragrance for the Donna Karan Cashmere Collection, Cashmere & Rose Absolu.”

Mr. Madar concluded, "We remain cautiously optimistic about the remainder of 2026. We have reduced our forecast for the Middle East region due to the war and are preparing to capture the opportunities associated with improved market dynamics in the other regions. Looking at 2027, we continue to be optimistic by the enhanced offerings within our current portfolio of brands, the introduction of new fragrances from recently acquired brands and licenses, and the selective pursuit of incremental brand opportunities.”

2026 First Quarter Results and Conference Call Details
The Company will issue financial results for the three months ended March 31, 2026, on Tuesday, May 5, 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 Wednesday, May 6, 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 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 Lanvin, Rochas, and Solférino. Goutal and Off-White joined the Company’s fragrance portfolio in 2026.

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.orThe Equity Group Inc.
Michel Atwood Devin Sullivan
Chief Financial Officer Investor Relations Counsel
(212) 983-2640 (212) 836-9608 / dsullivan@theequitygroup.com
www.interparfumsinc.com www.theequitygroup.com



FAQ

What were Interparfums (IPAR) net sales for Q1 2026 and the year-over-year change?

Interparfums reported $345 million in Q1 2026 net sales, a 2% increase versus Q1 2025. According to the company, reported growth reflected select brand gains and a significant +4.6% foreign exchange tailwind from a stronger dollar/euro rate.

How did foreign exchange affect IPAR results in the 2026 first quarter?

Foreign exchange contributed a +4.6% positive impact to 2026 Q1 sales. According to the company, the average dollar/euro rate rose to 1.17 from 1.05 a year earlier, boosting reported European-based revenue in the quarter.

Which Interparfums brands drove growth in Q1 2026 for IPAR?

Coach, Roberto Cavalli, GUESS, and Montblanc led Q1 growth with double-digit increases. According to the company, Coach rose 30%, Roberto Cavalli 32%, GUESS 11%, and Montblanc 14% in the first quarter.

Why did Interparfums report an organic sales decline in Q1 2026 despite reported growth?

Organic sales fell about 2% excluding the Middle East war impact. According to the company, favorable foreign exchange (+4.6%) and select brand strength offset broader portfolio softness and regional headwinds in Q1.

What was the impact of the Middle East on Interparfums' Q1 2026 performance?

The company estimated the war in the Middle East reduced results by about 1% of sales in Q1 2026. According to the company, it has reduced its Middle East forecast while reallocating focus to improving dynamics elsewhere.

When will Interparfums (IPAR) release full Q1 2026 results and hold the conference call?

Full financial results for Q1 2026 will be released on May 5, 2026, after market close, with a conference call at 11:00 am ET on May 6, 2026. According to the company, a live webcast will be available on its investor website.