Q2 Net Sales Rise 2% to $341M, US Surges 18% While Europe Dips
IPAR sits 58% above its 52-week low of $77.21.
Summary
Interparfums reported Q2 net sales of $341 million, a 2% increase overall. US operations jumped 18%, offsetting a 4% decline in European sales. The Middle East war created a 3% headwind for the quarter. This follows the Q1 report where sales also rose 2% and full-year EPS guidance of $4.85 was reaffirmed. The regional divergence is notable — US strength is accelerating while Europe softens. Full earnings with profit details are still to come.
At the time of this announcement, IPAR was trading at $122.09 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $77.21 to $133.97. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.