Interparfums projects modest net sales growth for 2026, anticipating challenges but aiming for strong growth in 2027.
Quiver AI Summary
Interparfums, Inc. announced its initial guidance for the fiscal year ending December 31, 2026, projecting net sales of $1.48 billion, a 1% increase from 2025, and diluted earnings per share of $4.85, a decline of 5%. CEO Jean Madar emphasized the company's focus on consolidation and long-term growth despite ongoing macroeconomic challenges and inventory destocking. He highlighted plans for new fragrance launches, particularly the Off-White and Longchamp brands in 2027, while also detailing upcoming extensions for established brands like Coach and Lacoste. Investments aimed at product development and strategic brand expansions are expected to set the stage for stronger growth in 2027.
Potential Positives
- Interparfums anticipates a modest increase in net sales for 2026, reflecting resilience in the face of macroeconomic challenges.
- The company is focusing on long-term profitable growth by laying a strong foundation in 2026, with expectations of a very strong year in 2027 due to new brand distributions.
- Significant product expansions are planned for key brands, indicating proactive strategy to enhance market presence and customer offerings.
- The company is introducing promising new fragrances and extensions for major brands, which could drive future sales and maintain momentum in a competitive market.
Potential Negatives
- Projected diluted EPS of $4.85 for 2026 represents a 5% decline from the company's guidance for 2025, indicating a negative financial outlook.
- Management highlights ongoing macroeconomic challenges and inventory destocking, which could create additional operational pressures in 2026.
- The expiration of the Boucheron licensing agreement is expected to impact revenues, necessitating reliance on new product launches to mitigate this loss.
FAQ
What is Interparfums' net sales guidance for 2026?
Interparfums anticipates net sales of $1.48 billion for the fiscal year ending December 31, 2026.
How much is the expected diluted EPS for 2026?
The company expects earnings per diluted share of $4.85 for the full year 2026.
What new brands will Interparfums launch in 2027?
Interparfums plans to launch Off-White and Longchamp in 2027, alongside new fragrances for existing brands.
What challenges does Interparfums face in 2026?
The company is addressing macroeconomic challenges, ongoing inventory destocking, and the expiration of its Boucheron license.
How is Interparfums preparing for future growth?
Interparfums is investing in new fragrance launches and strategic extensions to bolster brand portfolios in 2026 and beyond.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IPAR Insider Trading Activity
$IPAR insiders have traded $IPAR stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $IPAR stock by insiders over the last 6 months:
- JEAN MADAR (CEO) sold 13,000 shares for an estimated $1,679,204
- PHILIPPE SANTI (Exec VP Interparfums SA) has made 0 purchases and 3 sales selling 2,000 shares for an estimated $278,509.
- GILBERT HARRISON sold 400 shares for an estimated $53,584
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IPAR Hedge Fund Activity
We have seen 163 institutional investors add shares of $IPAR stock to their portfolio, and 179 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 426,779 shares (-49.3%) from their portfolio in Q3 2025, for an estimated $41,986,518
- MORGAN STANLEY added 421,636 shares (+44.0%) to their portfolio in Q3 2025, for an estimated $41,480,549
- LOOMIS SAYLES & CO L P removed 295,570 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $29,078,176
- PARALEL ADVISORS LLC removed 290,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $38,079,900
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 228,339 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $29,983,194
- WESTWOOD HOLDINGS GROUP INC added 200,967 shares (+25.9%) to their portfolio in Q3 2025, for an estimated $19,771,133
- PICTET ASSET MANAGEMENT HOLDING SA removed 189,652 shares (-98.4%) from their portfolio in Q3 2025, for an estimated $18,657,963
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$IPAR Analyst Ratings
Wall Street analysts have issued reports on $IPAR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Canaccord Genuity issued a "Buy" rating on 11/07/2025
- Jefferies issued a "Buy" rating on 10/28/2025
- BWS Financial issued a "Buy" rating on 10/22/2025
To track analyst ratings and price targets for $IPAR, check out Quiver Quantitative's $IPAR forecast page.
$IPAR Price Targets
Multiple analysts have issued price targets for $IPAR recently. We have seen 3 analysts offer price targets for $IPAR in the last 6 months, with a median target of $125.0.
Here are some recent targets:
- Susan Anderson from Canaccord Genuity set a target price of $123.0 on 11/07/2025
- Ashley Helgans from Jefferies set a target price of $125.0 on 10/28/2025
- Hamed Khorsand from BWS Financial set a target price of $172.0 on 10/22/2025
Full Release
NEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced initial guidance for its fiscal year ending December 31, 2026.
| Guidance | 2026E | 2025E | % Change | |||
| Net Sales | $1.48B | $1.47B |
+1%
|
|||
| Diluted EPS |
$4.85
|
$5.12
|
(5%)
|
|||
Management Commentary
Jean Madar, Chairman & Chief Executive Officer of Interparfums noted, “In 2026, we will focus on consolidation and lay the foundations for long term, profitable growth. While current market dynamics largely influence a conservative outlook for 2026, we expect 2027 to be a very strong year as we ramp up the distribution of our newest brands.
“While we remain focused on delivering a strong pipeline of new fragrances in the coming year, broader macroeconomic challenges and ongoing inventory destocking are expected to persist into 2026. Despite these pressures, we anticipate a modest increase in net sales over our 2025 guidance, with foreign exchange gains offsetting the impact from the expiration of our license for Boucheron.
“We expect earnings per diluted share of $4.85 for full year 2026, representing a 5% decline from our 2025 guidance. This outlook reflects the one-time tax gains recognized in 2025, as well as the impact of tariffs and the investments we are making to develop our newest brands, Off-White and Longchamp, which are scheduled to begin distribution in 2027. We will also make incremental investments to support upcoming launches across our broader portfolio, including Solférino and Annick Goutal. While these initiatives create near-term pressure, our operational agility and proactive pricing action will help partially offset tariff-related impacts, and position us for healthy, sustainable growth as we enter 2027.
“For our European based operations, we plan to introduce a series of strategic extensions across our key brands. For Coach, we are introducing two offerings, one for men and one for women, that build on the brand’s signature scents. For Lacoste, we will bring fresh interpretations to market within both the Original franchise and the L.12.12 line. We are also launching a men’s extension for Jimmy Choo and expanding Montblanc’s Legend franchise. We will further strengthen the portfolios of Rochas, Karl Lagerfeld, Van Cleef & Arpels, and Lanvin with a new wave of fragrances.
“Our owned brand, Solférino, has made a very encouraging start, and we expect to expand into an additional 50 doors in the first half of 2026. We will also begin distribution of the redesigned Goutal fragrances in 2026. These should partially offset the impact of Boucheron's expiration, as its licensing agreement concludes at the end of 2025, with the remaining fragrances being sold off through the following year.”
He continued, “For our United States based operations, we are set to debut captivating extensions across our largest brands, including GUESS Iconic , featuring a new male scent, plus an addition to the Cashmere Collection, named Cashmere & Rose Absolu. We also plan to bring to market alluring duos within Roberto Cavalli’s Just Cavalli and Marbleous fragrance lines . For Ferragamo, a new collection is in the works, plus extensions for Signorina and Fiamma, following the debut of this new pillar earlier this year. Additionally, we will introduce special edition fragrances, including the 50th Anniversary collection for MCM, as well as a new creation for MCM Eau de Parfum line. Lastly, we will launch new extensions for the Oscar de la Renta Esprit and New York lines to maintain the momentum achieved for this brand.”
Mr. Madar concluded, “The investments we are making in 2026 will set our future brands up for success and serve our core brands with a strong pipeline of blockbuster launches in 2027, namely Montblanc, GUESS, Ferragamo, and Cavalli, setting the stage for us to accelerate our profitable growth. We also anticipate that the current macroeconomic headwinds will moderate by late 2026, providing a more favorable environment and positioning us for a stronger outlook in 2027 and beyond.”
About Interparfums, Inc.:
Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy.
Our portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Lanvin, Rochas, and Solférino. Goutal and Off-White will join the Company’s fragrance portfolio in 2026.
Forward-Looking Statements:
Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as "anticipate, "believe", "could", "estimate", "expect", "intend", "may", "should", "will", and "would" or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and "Risk Factors" in Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2024, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release.
| Contact Information: | ||
| Interparfums, Inc. | or | The Equity Group Inc. |
| Michel Atwood | Karin Daly | |
| Chief Financial Officer | Investor Relations Counsel | |
| (212) 983-2640 | (212) 836-9623 / [email protected] | |
| www.interparfumsinc.com | www.theequitygroup.com |