Interparfums, Inc. (IPAR) reported second-quarter results for 2026, revealing earnings of 95 cents per share—a 4% decrease from 99 cents in the prior year and below the Zacks Consensus Estimate of $1.04. Consolidated net sales increased by 2% to $341 million compared to $333.9 million last year.
European operations saw a 4% sales decline, while U.S. operations exhibited an 18% increase, buoyed by a 17% organic growth. Gross margin fell to 65.5%, and operating income decreased 17.3% to $48.9 million, with an operating margin of 14.4%. As of June 30, 2026, the company reported cash and cash equivalents of $211 million and long-term debt of approximately $143 million.
Interparfums reaffirmed its guidance for 2026, targeting net sales of $1.48 billion and earnings per share of $4.85. The company declared a quarterly cash dividend of 80 cents per share, payable on September 30, 2026, to shareholders on record by September 15.
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