Interparfums net sales rise 2% to $341M, led by US growth
Interparfums reported a 2% increase in Q2 net sales to $341 million, fueled by an 18% rise in US operations, while European sales declined 4%. Geopolitical headwinds impacted results, but organic sales grew 4% in the quarter. Key brands like Jimmy Choo and Ferragamo showed strong performance.
*this image is generated using AI for illustrative purposes only.
Interparfums reported net sales of $341 million for the three months ended June 30, 2026, representing a 2% increase compared to $334 million in the prior year period. The growth was primarily driven by an 18% surge in United States based net sales, which reached $113 million, offsetting a 4% decline in European based net sales to $231 million. For the six months ended June 30, 2026, total net sales rose 2% to $686 million from $673 million.
Jean Madar, Chairman & Chief Executive Officer of Interparfums, attributed the performance to the strength of the brand portfolio and favorable foreign exchange dynamics. The war in the Middle East acted as a headwind, reducing sales by 3% in the second quarter and 2% for the first six months. Excluding this effect, organic sales increased 4% in the second quarter and 1% for the first six months.
Regional Performance
United States based net sales for the first half increased 10% to $209 million, while European based net sales decreased 1% to $483 million. Eliminations of intercompany sales were $3 million for the quarter and $6 million for the six-month period. The average dollar/euro exchange rate for the 2026 second quarter was 1.16 compared to 1.13 in the 2025 second quarter, resulting in a positive foreign exchange impact of 1% for the quarter and 3% for the first six months.
Brand Highlights
In European operations, Jimmy Choo fragrance sales rebounded strongly, rising 23% in the second quarter and 8% in the first half. Coach fragrance sales declined 8% in the second quarter due to high comparisons but rose 10% in the first half. Montblanc sales were flat in the quarter but increased 6% in the first half, while Lacoste sales declined 19% and 16% for the quarter and half, respectively.
In the United States, GUESS sales rose 10% and 11% for the quarter and half, respectively. Donna Karan/DKNY sales increased 28% in the quarter, and Ferragamo sales surged 41% in the quarter and 17% in the half, driven by new product launches. Roberto Cavalli sales declined 9% in the quarter but increased 8% in the first half.
Financial Performance
The following table details the net sales performance for the three and six months ended June 30, 2026 and 2025:
| Three Months Ended June 30, | Six Months Ended June 30, | |||||
|---|---|---|---|---|---|---|
| 2026 | 2025 | % Change | 2026 | 2025 | % Change | |
| Total Interparfums, Inc. | $341 | $334 | 2% | $686 | $673 | 2% |
| European based net sales | $231 | $241 | (4%) | $483 | $488 | (1%) |
| United States based net sales | $113 | $96 | 18% | $209 | $190 | 10% |
| Eliminations of intercompany sales | ($3) | ($2) | n/a | ($6) | ($6) | n/a |
How does Interparfums plan to address the ongoing decline in European net sales?
Will the strong performance of new product launches in the U.S. be sustained into the second half of the year?
What strategies are in place to mitigate the continued impact of the Middle East conflict on sales?
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