IPAR

EX-99.1

7 ex991_1.htm

EXHIBIT 99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

INTERPARFUMS, INC. REPORTS 2026 FIRST QUARTER RESULTS

Q1 2026 Net Sales of $345 Million and Diluted EPS of $1.35 Per Share;

Reaffirms Full Year 2026 Guidance; Quarterly Cash Dividend to be Paid on June 30, 2026

New York, New York, May 5, 2026, Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported record results for the first quarter ended March 31, 2026 (“Q1 2026”).

Financial Highlights:

($ in millions, except per share amounts)

Three Months Ended March 31,

2026

2025

% Change

Net Sales

$345

$339

+2%

Gross Margin

65.1%

63.7%

+140 bps

Operating Income

$74

$75

(1%)

Operating Margin

21.5%

22.2%

(70) bps

Net Income attributable to Interparfums, Inc.

$43

$42

+2%

Diluted EPS

$1.35

$1.32

+2%

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.

Operational Commentary

Jean Madar, Chairman & Chief Executive Officer of Interparfums, stated, “Our United States and European based operations each delivered year-over-year growth despite mixed results across the portfolio, reflecting the strength of our business model, the appeal of our brands, and the disciplined execution of our strategy. We are navigating a dynamic global marketplace by proactively driving efficiencies across the Company in response to weakness in select regions, tariffs, and the effects of a normalizing market following years of significant global growth. We are encouraged by the resiliency of the fragrance market and its strong underlying fundamentals.

“We generated higher sales across several key geographies, including our largest market North America where sales rose by 7% reflecting continued market growth and the launch of several extensions, in particular for Coach.

Sales in Central and South America increased by 23%, driven by the success of women's and men's Coach franchises and the strength of the Montblanc Legend line.

Sales in Western Europe were flat behind slow consumer demand. Partially offsetting performance in these regions were sales declines in Eastern Europe, driven by operational difficulties in certain markets that disproportionately impacted Lanvin and Lacoste.

Sales declines in the Middle East and Africa were due to the recent intensification of regional wars and conflicts, while lower Asia / Pacific sales were driven by distribution changes we implemented in 2025 in South Korea and India, along with softer consumer demand in Australia / New Zealand, partially offset by strong growth in China.

1

“Consolidated sales growth for the 2026 first quarter was driven by strong performances from several of our top brands, led by Coach which grew 30%, Montblanc up 14%, GUESS rose 11%, and Roberto Cavalli posted a 32% increase. Conversely, while Jimmy Choo fragrance sales grew in the United States, overall brand net sales declined 4%, largely due to a moderate downturn in certain European and Asian markets.

“Lacoste declined 12%, reflecting a high growth comparison from the prior year period’s 30% innovation-led growth and weaker market conditions, especially in Eastern Europe. Donna Karan/DKNY net sales declined by a modest 3% in the 2026 first quarter, similarly, reflecting a strong sales base in the first quarter of 2025; however, sales of Be Delicious Core rebounded by 16%, reflecting renewed consumer demand and strengthening momentum for the franchise.”

Innovation Continues Across Portfolio

Mr. Madar continued, “Thus far in 2026, we have successfully launched new line extensions across multiple brands, fortifying our market presence and attracting new audiences. These include: Jimmy Choo, Man Parfum; Coach, Cherry for women and Platinum for men; Montblanc, Legend Elixir; GUESS, Iconic Sublime; Lacoste, Original Aqua; Donna Karan/DKNY, Cashmere & Rose Absolu; and Roberto Cavalli, Uomo Verde Assoluto.

“We expect to introduce additional fragrance extensions across our portfolio throughout the year anchored by these brands and Ferragamo, all while preparing for new, blockbuster launches in 2027.”

ESG Strategy Delivers Strong Returns

“Our ESG strategy is strong, and we have seen a great return on our investment in this program,” said Mr. Madar. “Interparfums received its third consecutive ESG rating increase from MSCI and now sits at BBB. This upgrade was driven primarily by our enhanced measures to calculate and respond to financially material environmental and social risks that our business faces.”

Closing Remarks

Mr. Madar concluded, “We remain confident in our ability to navigate short-term volatility and deliver sustainable, long-term results, while upholding our commitment to our customers, brand partners, and consumers. We are laying a disciplined foundation to drive growth, strengthen execution, and capture value-creating opportunities.”

Financial Commentary

Michel

EX-99.1

7 ex991_1.htm

EXHIBIT 99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

INTERPARFUMS, INC. REPORTS 2026 FIRST QUARTER NET

SALES

2026 First Quarter Conference Call Scheduled for May 6, 2026

New York, New York, April 21, 2026, 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,

2026

2025

% Change

Total Interparfums, Inc.

$345

$339

2%

European-based net sales

$252

$248

2%

United States based net sales

$96

$94

2%

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

ipar-20260224.htm

false 0000822663 NY 00008226632026-02-242026-02-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 24, 2026

Interparfums, Inc. (Exact name of Registrant as specified in its charter)

Delaware

0-16469

13-3275609

(State or other jurisdiction of incorporation or organization)

Commission File Number

(I.R.S. Employer Identification No.)

551 Fifth Avenue, New York, NY 10176 (Address of Principal Executive Offices)

212.983.2640 (Registrant’s Telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $.001 par value per share

IPAR

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Conditions

Certain portions of our press release dated February 24, 2026, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 2.02. They are as follows:

The 1st, 2nd (consisting of a table), 3rd through 6th full paragraphs relating to operational results for the four quarter of 2025 or full year ended December 31, 2025

Portion of 7th paragraph relating to operational results for the four quarter of 2025 or full year ended December 31, 2025

The 10th, 12th through 16th full paragraphs relating to results of operations

Part of the 11th paragraph relating to results of operations

The 17th paragraph relating to balance sheet information

The tables of unaudited consolidated statements of income and consolidated balance sheets

Item 7.01 Regulation FD Disclosure

Certain portions of our press release dated February 24, 2026, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein, and are filed pursuant to this Item 7.01. They are as follows:

The last sentence in the 7th paragraph relating to Lacoste and Cavalli future launches

The 8th full paragraph relating future product launches for several brands, and the 15 year extension of the Guess license to help navigate the fragrance markets short-term volatility and deliver long-term results for the Company

The 9th full paragraph relating to future investments we are making towards product innovation that may allow the Company to see cautious optimism for 2026 and more favorable operating environment for 2027

Portion of the 11th paragraph relating to the future impact of tariffs on our business and the strategies and programs we are going to implement in 2026 to offset the possible effects

Paragraphs 18 through 19 relating to 2026 guidance

The 22nd through 25th paragraphs relating to the conference call to discuss the 2025 fourth quarter and 2025 full year results scheduled for February 25, 2026

The 28th paragraph relating to forward-looking information

The balance of such press release not otherwise incorporated by reference in Item 2.02 or 8.01

Item 8.01 Financial Statements and Exhibits.

The 20th and 21st paragraphs relating to our cash dividend are incorporated by reference herein

Item 9.01 Financial Statements and Exhibits.

99.1

Our press release dated February 24, 2026

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and authorized this report to be signed on its behalf by the undersigned.

Dated: February 24, 2026

Interparfums, Inc.

By:

/s/ Michel Atwood

Michel Atwood,

Chief Financial Officer