Overview
Inter Parfums Q2 revenue falls 2%, missing analyst expectations, per LSEG data
Diluted EPS declines 13% to $0.99, missing consensus estimates, per LSEG data
Net income for Q2 drops 13%, missing analyst forecasts, per LSEG data
Outlook
Inter Parfums reaffirms 2025 net sales guidance of $1.51 bln
Company expects 2025 EPS of $5.35
Result Drivers
U.S. DEMAND - Strong demand in the U.S. accounted for 35% of Q2 net sales, per CEO Jean Madar
ASIA-PACIFIC DECLINE - Sales in Asia-Pacific fell 12% due to last year's exceptional sales in Australia and distribution issues in South Korea
MIDDLE EAST & AFRICA - Sales dropped 19% due to the exit of the Dunhill license and regional conflicts, with a 6% decline excluding Dunhill impact
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$334 mln
$341.20 mln (3 Analysts)
Q2 EPS
Miss
$0.99
$1.11 (3 Analysts)
Q2 Net Income
Miss
$32 mln
$35.70 mln (3 Analysts)
Q2 Operating Income
Miss
$59 mln
$64.90 mln (3 Analysts)
Q2 Operating Margin
17.7%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy"
Wall Street's median 12-month price target for Interparfums Inc is $168.00, about 28.6% above its August 4 closing price of $119.95
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nGNX6QfSxV
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)