Inter Parfums Q1 profit beats estimates

Interparfums

05/05/2026 21:23

Overview

US fragrance maker's Q1 net income, EPS and operating income all beat analyst expectations

Q1 net sales rose 2% yr/yr to $345 mln, driven by strong brand performances

Company reaffirmed 2026 guidance and will pay regular quarterly dividend

Outlook

Inter Parfums reaffirms 2026 sales guidance of $1.48 bln and EPS of $4.85

Company says outlook reflects confidence in brand portfolio and actions to mitigate macro pressures

Guidance assumes average dollar/euro exchange rate remains at current levels

Result Drivers

BRAND PERFORMANCE - Growth led by Coach (+30%), Montblanc (+14%), GUESS (+11%), and Roberto Cavalli (+32%), while Jimmy Choo and Lacoste saw declines

REGIONAL VARIATION - Sales rose in North America (+7%) and Central/South America (+23%), were flat in Western Europe, and declined in Eastern Europe, Middle East/Africa, and parts of Asia-Pacific

GROSS MARGIN IMPROVEMENT - Gross margin rose to 65.1% from 63.7%, driven by favorable segment, brand, and channel mix and lower destruction costs, partially offset by tariffs

Company press release: ID:nGNX9gPCwy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
Beat
$1.35
$1.20 (3 Analysts)
Q1 Net Income
Beat
$43.36 mln
$38.83 mln (3 Analysts)
Q1 Operating Income
Beat
$74.13 mln
$72.40 mln (3 Analysts)
Q1 Operating Margin
21.50%


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 $110.00, about 22.6% above its May 4 closing price of $89.73

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 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.)