Inter Parfums misses Q1 revenue estimates; cuts forecast for Middle East region

Interparfums

21/04/2026 21:15

Overview

Global fragrance producer's Q1 revenue rose 2% yr/yr but missed analyst expectations

Company cited favorable FX and select brand strength, but organic sales declined amid macro pressures

Management said war in Middle East caused estimated 1% headwind to organic sales

Outlook

Company has reduced its forecast for the Middle East region due to the war

Inter Parfums says it remains cautiously optimistic about the remainder of 2026

Company expects new product launches and portfolio enhancements to support growth in 2027

Result Drivers

FX TAILWINDS - Favorable foreign exchange rates contributed 4.6% to reported sales growth

BRAND PERFORMANCE MIX - Growth in Coach, Montblanc, GUESS, and Roberto Cavalli offset declines in Jimmy Choo, Lacoste, and Donna Karan/DKNY

MACRO PRESSURES & INVENTORY CAUTION - Organic sales declined 2% as macroeconomic pressures, geopolitical uncertainty, and cautious retailer inventory management weighed on results

Company press release: ID:nGNX94z9jk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$345 mln
$354.29 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "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 $113.00, about 15.3% above its April 20 closing price of $98.01

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)