{"success":true,"data":{"pressRelease":{"id":"3524","rtpr_id":"nGNX94z9jk","ticker":"IPAR","exchange":"NASDAQ","all_tickers":["IPAR"],"title":"Interparfums, Inc. Reports 2026 First Quarter Net Sales","author":"Globe Newswire","published_at":"2026-04-21T20:05:00.614Z","article_body":"NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS:\nIPAR) (“Interparfums” or the “Company”) today announced net sales for\nthe three months ended March 31, 2026.\n\n Net Sales ($ in millions)          Three Months Ended March 31,        \n                                    2026        2025        % Change    \n Total Interparfums, Inc.           $345        $339        2%          \n European-based net sales           $252        $248        2%          \n United States based net sales      $96         $94         2%          \n Elimination of intercompany sales  ($3)        ($3)        n/a         \n 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. \n (Data may not foot due to rounding.)                                   \n                                                                        \n\nManagement Commentary: \nJean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “We\nstarted off the year broadly in line with expectations with consolidated sales\nincreasing 2% on a reported basis to $345 million, reflecting solid\nperformances from select brands and favorable foreign exchange dynamics, which\npartially offset less favorable results from other brands in the portfolio.\nExcluding the war in the Middle East, which represented an estimated 1%\nheadwind, organic sales declined moderately by 2%. Growth continues to be more\nmeasured compared to recent years amid ongoing macroeconomic pressures and\ngeopolitical uncertainty. Consumer interest in fragrance remains resilient,\nand we are actively navigating an industry that continues to normalize as\nconsumers become more selective and retailers are managing inventory\ncautiously. We are encouraged by the category’s durability and remain\ncautiously optimistic about the future of our ever-evolving brand\nportfolio.”\n\nEuropean Based Operations\nMr. Madar continued, “In the first quarter, reported sales from European\nbased operations increased 2%, which included a 5.5% positive foreign exchange\nimpact.\n\n“Coach fragrance sales grew 30% in the 2026 first quarter, following an 11%\nincrease in the 2025 first quarter. This quarter’s growth reflected strong\nsell-in following the launches of new extensions within the Coach Women and\nCoach Men franchises, Coach Cherry and Coach Platinum, as well as sustained\nstrong demand across most existing lines.\n\n“Montblanc fragrance sales rose 14% in the first quarter, driven by the\nlaunch of Legend Elixir, the first launch for the Legend franchise since 2024,\nthe success of the Explorer Extreme line launched last year, and a lower sales\nbase in last year’s first quarter. We plan to launch a new extension for the\nExplorer Extreme line in the second half of this year to sustain the brand.\n\n“While Jimmy Choo fragrance sales continue to grow in the United States,\nsupported by the ongoing success of the I Want Choo franchise and the first\nquarter launch of Jimmy Choo Man Parfum, overall brand net sales declined 4%\nin the first quarter. The decrease reflected a moderate downturn in certain\nEuropean and Asian markets.\n\n“A high comparative base to last year’s first quarter, when sales grew 30%\nbehind a very successful innovation program, as well as challenging market\nconditions primarily in Eastern Europe, drove a 12% decline in Lacoste sales\nin the 2026 first quarter. We remain confident in the brand’s medium- and\nlong-term potential, given recent and upcoming extensions in 2026 and planned\nblockbuster launches for women’s and men’s fragrances in 2027 and 2028.”\n\nUnited States Based Operations\nMr. Madar continued, “Sales by our United States operations rose by 2%\nduring the 2026 first quarter, which included a 2.5% favorable foreign\nexchange impact. Organic sales were broadly flat.\n\n“Fragrance sales of GUESS, our largest United States based brand, rose 11%\nin the first quarter. Growth was supported by successful launches of new\nextensions within the Iconic and Seductive pillars − Iconic Sublime, the\nnewest men’s fragrance that extends the franchise’s strong momentum, and\nSeductive Desire, a bold new dual-gender fragrance duo.\n\n“Following a successful first two years in our portfolio, Roberto Cavalli\ncontinued to generate robust results to start 2026, achieving a 32% increase\nin net sales during the first quarter. Growth was fueled by the latest\ninnovation released during the quarter, including the Just Cavalli Wild Heart\nextension dual-gender duo, Wild Pink & Wild Blue, and Verde Assoluto, the\nnewest fragrance within the Uomo pillar.\n\n“Donna Karan/DKNY net sales declined by a modest 3% off a strong sales base\nin the first quarter of 2025; however, sales of Be Delicious Core rebounded by\n17% in the 2026 first quarter, compared to the same period last year,\nreflecting renewed consumer demand and strengthening momentum for the\nfranchise. We expect sales to improve as the year progresses, driven by\nsupport for the new DKNY three-scent collection, Be Delicious Latte, and the\nnew fragrance for the Donna Karan Cashmere Collection, Cashmere & Rose\nAbsolu.”\n\nMr. Madar concluded, \"We remain cautiously optimistic about the remainder of\n2026. We have reduced our forecast for the Middle East region due to the war\nand are preparing to capture the opportunities associated with improved market\ndynamics in the other regions. Looking at 2027, we continue to be optimistic\nby the enhanced offerings within our current portfolio of brands, the\nintroduction of new fragrances from recently acquired brands and licenses, and\nthe selective pursuit of incremental brand opportunities.”\n\n2026 First Quarter Results and Conference Call Details\nThe Company will issue financial results for the three months ended March 31,\n2026, on Tuesday, May 5, 2026, after the close of the stock market. Management\nwill host a conference call to discuss financial results and business\noperations beginning at 11:00 am ET on Wednesday, May 6, 2026.\n\nInterested parties may participate in the live call by dialing:\n\nU.S. / Toll-free:     (877) 423-9820\nInternational:        (201) 493-6749\n\nParticipants are asked to dial in approximately 10 minutes before the\nconference call is scheduled to begin.\nA live audio webcast will also be available in the “Events” tab within the\nInvestor Relations section of the Company’s website at\nwww.interparfumsinc.com, or by clicking here\n(https://www.globenewswire.com/Tracker?data=_Jlb0OIT7N8ItMRqYy9Hrrjg_TdhrLqsKxAukt587N7xtDDpZzlyp_klzewNkoEdR4rZDeYQGUioJ8yufScmTzUTRY0jTXIt3MjsdFs8ibfjDUeyiCMTODSrbH7YZ4X-wwRZNrqN67GDghaE3Xz1cg==).\nThe conference call will be available for webcast replay for approximately 90\ndays following the live event.\n\nAbout Interparfums, Inc.:\n\nOperating in the global fragrance business since 1982, Interparfums, Inc.\nproduces and distributes a wide array of prestige fragrance and fragrance\nrelated products under license and other agreements with brand owners. The\nCompany manages its business in two operating segments, European based\noperations, through its 72% owned subsidiary, Interparfums SA, and United\nStates based operations, through wholly owned subsidiaries in the United\nStates and Italy.\n\nOur portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui,\nBoucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS,\nHollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM,\nMoncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef &\nArpels, whose products are distributed in over 120 countries around the world\nthrough an extensive and diverse network of distributors. Interparfums, Inc.\nis also the registered owner of several trademarks including Lanvin, Rochas,\nand Solférino. Goutal and Off-White joined the Company’s fragrance\nportfolio in 2026.\n\nForward-Looking Statements:\nStatements in this release which are not historical in nature are\nforward-looking statements. Although we believe that our plans, intentions,\nand expectations reflected in such forward-looking statements are reasonable,\nwe can give no assurance that such plans, intentions, or expectations will be\nachieved. In some cases, you can identify forward-looking statements by\nforward-looking words such as \"anticipate”, \"believe\", \"could\", \"estimate\",\n\"expect\", \"intend\", \"may\", \"should\", \"will\", and \"would\" or similar words. You\nshould not rely on forward-looking statements, because actual events or\nresults may differ materially from those indicated by these forward-looking\nstatements as a result of a number of important factors. These factors\ninclude, but are not limited to, the risks and uncertainties discussed under\nthe headings “Forward Looking Statements” and \"Risk Factors\" in\nInterparfums' annual report on Form 10-K for the fiscal year ended December\n31, 2025, and the reports Interparfums files from time to time with the\nSecurities and Exchange Commission. Interparfums does not intend to and\nundertakes no duty to update the information contained in this press release.\n\nContact Information:\n\n Interparfums, Inc.       or  The Equity Group Inc.                          \n Michel Atwood                Devin Sullivan                                 \n Chief Financial Officer      Investor Relations Counsel                     \n (212) 983-2640               (212) 836-9608 / dsullivan@theequitygroup.com  \n www.interparfumsinc.com      www.theequitygroup.com                         \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a602b320-b865-4831-8a45-7c669cd68ade)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX94z9jk","title":"Interparfums, Inc. Reports 2026 First Quarter Net Sales","author":"Globe Newswire","ticker":"IPAR","created":"2026-04-21T20:05:00.614Z","tickers":["IPAR"],"exchange":"NASDAQ","article_body":"NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS:\nIPAR) (“Interparfums” or the “Company”) today announced net sales for\nthe three months ended March 31, 2026.\n\n Net Sales ($ in millions)          Three Months Ended March 31,        \n                                    2026        2025        % Change    \n Total Interparfums, Inc.           $345        $339        2%          \n European-based net sales           $252        $248        2%          \n United States based net sales      $96         $94         2%          \n Elimination of intercompany sales  ($3)        ($3)        n/a         \n 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. \n (Data may not foot due to rounding.)                                   \n                                                                        \n\nManagement Commentary: \nJean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “We\nstarted off the year broadly in line with expectations with consolidated sales\nincreasing 2% on a reported basis to $345 million, reflecting solid\nperformances from select brands and favorable foreign exchange dynamics, which\npartially offset less favorable results from other brands in the portfolio.\nExcluding the war in the Middle East, which represented an estimated 1%\nheadwind, organic sales declined moderately by 2%. Growth continues to be more\nmeasured compared to recent years amid ongoing macroeconomic pressures and\ngeopolitical uncertainty. Consumer interest in fragrance remains resilient,\nand we are actively navigating an industry that continues to normalize as\nconsumers become more selective and retailers are managing inventory\ncautiously. We are encouraged by the category’s durability and remain\ncautiously optimistic about the future of our ever-evolving brand\nportfolio.”\n\nEuropean Based Operations\nMr. Madar continued, “In the first quarter, reported sales from European\nbased operations increased 2%, which included a 5.5% positive foreign exchange\nimpact.\n\n“Coach fragrance sales grew 30% in the 2026 first quarter, following an 11%\nincrease in the 2025 first quarter. This quarter’s growth reflected strong\nsell-in following the launches of new extensions within the Coach Women and\nCoach Men franchises, Coach Cherry and Coach Platinum, as well as sustained\nstrong demand across most existing lines.\n\n“Montblanc fragrance sales rose 14% in the first quarter, driven by the\nlaunch of Legend Elixir, the first launch for the Legend franchise since 2024,\nthe success of the Explorer Extreme line launched last year, and a lower sales\nbase in last year’s first quarter. We plan to launch a new extension for the\nExplorer Extreme line in the second half of this year to sustain the brand.\n\n“While Jimmy Choo fragrance sales continue to grow in the United States,\nsupported by the ongoing success of the I Want Choo franchise and the first\nquarter launch of Jimmy Choo Man Parfum, overall brand net sales declined 4%\nin the first quarter. The decrease reflected a moderate downturn in certain\nEuropean and Asian markets.\n\n“A high comparative base to last year’s first quarter, when sales grew 30%\nbehind a very successful innovation program, as well as challenging market\nconditions primarily in Eastern Europe, drove a 12% decline in Lacoste sales\nin the 2026 first quarter. We remain confident in the brand’s medium- and\nlong-term potential, given recent and upcoming extensions in 2026 and planned\nblockbuster launches for women’s and men’s fragrances in 2027 and 2028.”\n\nUnited States Based Operations\nMr. Madar continued, “Sales by our United States operations rose by 2%\nduring the 2026 first quarter, which included a 2.5% favorable foreign\nexchange impact. Organic sales were broadly flat.\n\n“Fragrance sales of GUESS, our largest United States based brand, rose 11%\nin the first quarter. Growth was supported by successful launches of new\nextensions within the Iconic and Seductive pillars − Iconic Sublime, the\nnewest men’s fragrance that extends the franchise’s strong momentum, and\nSeductive Desire, a bold new dual-gender fragrance duo.\n\n“Following a successful first two years in our portfolio, Roberto Cavalli\ncontinued to generate robust results to start 2026, achieving a 32% increase\nin net sales during the first quarter. Growth was fueled by the latest\ninnovation released during the quarter, including the Just Cavalli Wild Heart\nextension dual-gender duo, Wild Pink & Wild Blue, and Verde Assoluto, the\nnewest fragrance within the Uomo pillar.\n\n“Donna Karan/DKNY net sales declined by a modest 3% off a strong sales base\nin the first quarter of 2025; however, sales of Be Delicious Core rebounded by\n17% in the 2026 first quarter, compared to the same period last year,\nreflecting renewed consumer demand and strengthening momentum for the\nfranchise. We expect sales to improve as the year progresses, driven by\nsupport for the new DKNY three-scent collection, Be Delicious Latte, and the\nnew fragrance for the Donna Karan Cashmere Collection, Cashmere & Rose\nAbsolu.”\n\nMr. Madar concluded, \"We remain cautiously optimistic about the remainder of\n2026. We have reduced our forecast for the Middle East region due to the war\nand are preparing to capture the opportunities associated with improved market\ndynamics in the other regions. Looking at 2027, we continue to be optimistic\nby the enhanced offerings within our current portfolio of brands, the\nintroduction of new fragrances from recently acquired brands and licenses, and\nthe selective pursuit of incremental brand opportunities.”\n\n2026 First Quarter Results and Conference Call Details\nThe Company will issue financial results for the three months ended March 31,\n2026, on Tuesday, May 5, 2026, after the close of the stock market. Management\nwill host a conference call to discuss financial results and business\noperations beginning at 11:00 am ET on Wednesday, May 6, 2026.\n\nInterested parties may participate in the live call by dialing:\n\nU.S. / Toll-free:     (877) 423-9820\nInternational:        (201) 493-6749\n\nParticipants are asked to dial in approximately 10 minutes before the\nconference call is scheduled to begin.\nA live audio webcast will also be available in the “Events” tab within the\nInvestor Relations section of the Company’s website at\nwww.interparfumsinc.com, or by clicking here\n(https://www.globenewswire.com/Tracker?data=_Jlb0OIT7N8ItMRqYy9Hrrjg_TdhrLqsKxAukt587N7xtDDpZzlyp_klzewNkoEdR4rZDeYQGUioJ8yufScmTzUTRY0jTXIt3MjsdFs8ibfjDUeyiCMTODSrbH7YZ4X-wwRZNrqN67GDghaE3Xz1cg==).\nThe conference call will be available for webcast replay for approximately 90\ndays following the live event.\n\nAbout Interparfums, Inc.:\n\nOperating in the global fragrance business since 1982, Interparfums, Inc.\nproduces and distributes a wide array of prestige fragrance and fragrance\nrelated products under license and other agreements with brand owners. The\nCompany manages its business in two operating segments, European based\noperations, through its 72% owned subsidiary, Interparfums SA, and United\nStates based operations, through wholly owned subsidiaries in the United\nStates and Italy.\n\nOur portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui,\nBoucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS,\nHollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM,\nMoncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef &\nArpels, whose products are distributed in over 120 countries around the world\nthrough an extensive and diverse network of distributors. Interparfums, Inc.\nis also the registered owner of several trademarks including Lanvin, Rochas,\nand Solférino. Goutal and Off-White joined the Company’s fragrance\nportfolio in 2026.\n\nForward-Looking Statements:\nStatements in this release which are not historical in nature are\nforward-looking statements. Although we believe that our plans, intentions,\nand expectations reflected in such forward-looking statements are reasonable,\nwe can give no assurance that such plans, intentions, or expectations will be\nachieved. In some cases, you can identify forward-looking statements by\nforward-looking words such as \"anticipate”, \"believe\", \"could\", \"estimate\",\n\"expect\", \"intend\", \"may\", \"should\", \"will\", and \"would\" or similar words. You\nshould not rely on forward-looking statements, because actual events or\nresults may differ materially from those indicated by these forward-looking\nstatements as a result of a number of important factors. These factors\ninclude, but are not limited to, the risks and uncertainties discussed under\nthe headings “Forward Looking Statements” and \"Risk Factors\" in\nInterparfums' annual report on Form 10-K for the fiscal year ended December\n31, 2025, and the reports Interparfums files from time to time with the\nSecurities and Exchange Commission. Interparfums does not intend to and\nundertakes no duty to update the information contained in this press release.\n\nContact Information:\n\n Interparfums, Inc.       or  The Equity Group Inc.                          \n Michel Atwood                Devin Sullivan                                 \n Chief Financial Officer      Investor Relations Counsel                     \n (212) 983-2640               (212) 836-9608 / dsullivan@theequitygroup.com  \n www.interparfumsinc.com      www.theequitygroup.com                         \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a602b320-b865-4831-8a45-7c669cd68ade)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-21T20:05:00.651981834Z","server_sent_at_ms":1776801900651},"received_at":"2026-04-21T20:05:00.706Z","source_url":"https://www.globenewswire.com/news-release/2026/04/21/3278412/7735/en/interparfums-inc-reports-2026-first-quarter-net-sales.html"},"analysis":{"id":"2399","press_release_id":"3524","analysis_json":{"industry":{"label":"Household & Personal Products","sector":"Consumer Staples"},"redFlags":["organic sales declined 2% excluding FX and geopolitical headwinds","Lacoste sales declined 12% due to high comparative base and market conditions"],"eventType":"earnings","narrative":"Interparfums reported Q1 net sales of $345 million, up 2% year-over-year, driven largely by a 4.6% positive foreign exchange impact.\n\nExcluding currency effects and an estimated 1% headwind from the Middle East conflict, organic sales declined 2%.\n\nBrand performance was mixed, with Coach and Montblanc growing 30% and 14% respectively, while Lacoste fell 12% due to a high comparative base.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":""},"keyFigures":{"revenue":"$345 million","revenueYoy":"2%"},"quotedText":"We started off the year broadly in line with expectations with consolidated sales increasing 2% on a reported basis to $345 million","namedEntities":{"people":[{"name":"Jean Madar","role":"Chairman & Chief Executive Officer"},{"name":"Michel Atwood","role":"Chief Financial Officer"},{"name":"Devin Sullivan","role":"Investor Relations Counsel"}],"products":["Coach Cherry","Coach Platinum","Coach Women","Coach Men","Legend Elixir","Explorer Extreme","I Want Choo","Jimmy Choo Man Parfum","Iconic Sublime","Seductive Desire","Just Cavalli Wild Heart","Wild Pink & Wild Blue","Verde Assoluto","Be Delicious Core","Be Delicious Latte","Cashmere & Rose Absolu"],"companies":[{"name":"Interparfums, Inc.","ticker":"IPAR"},{"name":"Interparfums SA","relationship":"subsidiary"},{"name":"The Equity Group Inc.","relationship":"investor relations contact"}],"dollarAmounts":[{"amount":"$345 million","context":"Q1 2026 Net Sales"},{"amount":"$339 million","context":"Q1 2025 Net Sales"},{"amount":"$252 million","context":"2026 Q1 European-based net sales"},{"amount":"$96 million","context":"2026 Q1 United States based net sales"}]},"materialImpact":{"score":3,"reasoning":"Q1 sales of $345 million were in line with expectations, showing 2% reported growth driven entirely by favorable foreign exchange. Underlying organic performance declined 2%, indicating mixed brand execution and macro headwinds, but no major binary shift."},"tickerRelevance":{"others":[],"primary":"IPAR"},"eventTypeSecondary":[]},"event_type":"earnings","event_type_secondary":null,"sentiment":"neutral","material_impact_score":3,"narrative":"Interparfums reported Q1 net sales of $345 million, up 2% year-over-year, driven largely by a 4.6% positive foreign exchange impact.\n\nExcluding currency effects and an estimated 1% headwind from the Middle East conflict, organic sales declined 2%.\n\nBrand performance was mixed, with Coach and Montblanc growing 30% and 14% respectively, while Lacoste fell 12% due to a high comparative base.","key_figures":{"revenue":"$345 million","revenueYoy":"2%"},"named_entities":{"people":[{"name":"Jean Madar","role":"Chairman & Chief Executive Officer"},{"name":"Michel Atwood","role":"Chief Financial Officer"},{"name":"Devin Sullivan","role":"Investor Relations Counsel"}],"products":["Coach Cherry","Coach Platinum","Coach Women","Coach Men","Legend Elixir","Explorer Extreme","I Want Choo","Jimmy Choo Man Parfum","Iconic Sublime","Seductive Desire","Just Cavalli Wild Heart","Wild Pink & Wild Blue","Verde Assoluto","Be Delicious Core","Be Delicious Latte","Cashmere & Rose Absolu"],"companies":[{"name":"Interparfums, Inc.","ticker":"IPAR"},{"name":"Interparfums SA","relationship":"subsidiary"},{"name":"The Equity Group Inc.","relationship":"investor relations contact"}],"dollarAmounts":[{"amount":"$345 million","context":"Q1 2026 Net Sales"},{"amount":"$339 million","context":"Q1 2025 Net Sales"},{"amount":"$252 million","context":"2026 Q1 European-based net sales"},{"amount":"$96 million","context":"2026 Q1 United States based net sales"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T00:05:08.294Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:53.703Z"}},"durationMs":186127,"modelName":"glm-4.7"}}