Interparfums Lifts 2026 Sales Outlook to $1.49B as Q3 EPS Rises 4%
IPAR sits 60% above its 52-week low of $77.21.
Summary
Interparfums raised its 2026 sales outlook to $1.49 billion from $1.48 billion and kept EPS guidance at $4.85, with Q3 diluted EPS up 4% to $2.13 on flat sales of $429.5 million. Gross margin jumped 360 basis points to 67.1%, helped by $7.9 million of one-time IEEPA tariff refunds, and operating income rose 9% to $118 million. The quarter's profit growth came from margin and cost control rather than volume, since sales were flat and nine-month sales rose just 1% to $1.1 billion, while third-quarter net income was $68 million. Management is reinvesting the tariff refunds into advertising and promotion, with full-year A&P expected to approach 21% of net sales, which pressures SG&A but supports the 2027 launch pipeline. The company also spent about $50 million buying Interparfums SA shares, lifting its stake to 74.3%, and declared a $0.80 quarterly dividend payable December 31. Initial 2027 guidance lands November 18 after the close, and the Q3 call is November 5 at 11:00 am ET.
At the time of this announcement, IPAR was trading at $123.57 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4B. The 52-week trading range was $77.21 to $129.29. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.