Interparfums Q3 EPS, net income beat estimates as gross margin rises

By Reuters News


Overview

  • Fragrance maker's Q3 adjusted EPS, net income, and operating income beat analyst expectations

  • Q3 sales were flat yr/yr at $430 mln, with gross margin rising to 67.1%

  • Company raised 2026 sales outlook, maintains EPS guidance


Outlook

  • Company raises 2026 sales guidance to $1.49 bln from $1.48 bln

  • Interparfums maintains 2026 EPS guidance at $4.85

  • Company expects to release initial 2027 guidance on Nov. 18, 2026


Result Drivers

  • REGIONAL SALES MIX - Gains in North America, Asia/Pacific, and Central and South America offset declines in Western and Eastern Europe and the Middle East, per CEO Jean Madar

  • GROSS MARGIN EXPANSION - Gross margin rose due to favorable segment, brand and channel mix, inventory efficiency, and one-time tariff refunds, partially offset by higher tariffs

  • BRAND PERFORMANCE - Sales growth in key brands such as Coach, Jimmy Choo, Montblanc, GUESS, and DKNY helped offset declines in Lacoste and Ferragamo


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

Beat

$2.13

$1.89 (3 Analysts)

Q3 Net Income

Beat

$68 mln

$60.67 mln (3 Analysts)

Q3 Operating Income

Beat

$118 mln

$102.35 mln (3 Analysts)

Q3 Operating Margin

27.40%


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "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 $128.00, about 9.3% above its November 3 closing price of $117.09

  • The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 23 three months ago


Reuters Recommended Reads

  • Nov 2 - Estee Lauder cuts promotions as luxury fragrances help lift outlook

  • Nov 4 - Elf sees Q2 sales boost with marketing, Europe expansion

  • Nov 3 - Online fashion retailer Boozt Q3 revenue rises on wider assortment


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.)

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