| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 429.58 | 28.6% | 1.2% |
| Total Income | 429.58 | 28.6% | 1.2% |
| Expenditure | 321.02 | 16.8% | 0.8% |
| PBT | 107.56 | 98.7% | 7.1% |
| Net Profit | 65.81 | 105.7% | 5.7% |
| OPM | 25.27% | 7.55pp | 0.31pp |
| NPM | 15.32% | 5.74pp | 0.66pp |
| EPS | 2.05 | 105.0% | 5.7% |
Interparfums, Inc. Reports Q3 2025 Results; Net Sales $430 million, Up 1%
04 May 2026 · 4 May, 7:59 am
Summary
Interparfums, Inc. reported a 1% increase in net sales for the third quarter of 2025, reaching $430 million. Diluted earnings per share increased by 6% to $2.05. The company's gross margin declined slightly by 40 basis points to 63.5%. Interparfums updated its 2025 guidance, projecting $1.47 billion in sales, a 1% increase year-over-year, and diluted earnings per share of $5.12.
Key Highlights
- 1
Net sales for the third quarter of 2025 reached $430 million, a 1% increase compared to $425 million in the third quarter of 2024.
- 2
Gross margin for the third quarter of 2025 was 63.5%, a slight decrease of 40 basis points from 63.9% in the third quarter of 2024.
- 3
Operating income for the third quarter of 2025 increased by 2% to $109 million, compared to $106 million in the same period last year.
- 4
Diluted earnings per share for the third quarter of 2025 rose by 6% to $2.05, up from $1.93 in the third quarter of 2024.
- 5
Net sales for the first nine months of 2025 were $1,102 million, a 1% increase compared to $1,091 million in the first nine months of 2024.
- 6
For the first nine months of 2025, consolidated gross margin rose 80 basis points to 64.4%.
- 7
The company updated its 2025 guidance and now expects $1.47 billion in sales, up 1% year-over-year, leading to diluted earnings per share of $5.12.
Management Comments
Jean Madar
While the prestige and luxury fragrance category continues to perform well, broader macroeconomic factors, including retailer destocking, evolving consumer behavior, and tariff-related disruptions, moderated our topline growth. We remain confident that our strong innovation pipeline, supported by rigorous advertising and promotion programs, and ongoing portfolio evolution, will maintain sales momentum in the coming months and into 2026. Despite the slowing sales, we continue to invest in our brands to maximize engagement both in-store and online, leveraging the reach and performance across our e-commerce channels. We’re positioned to capture sales in the final three months of the year as healthy consumer demand accelerates during the holiday gifting season, driven by differentiated product offerings, targeted marketing initiatives, and increased brand visibility.
Michel Atwood
For the first nine months of 2025, consolidated gross margin rose 80 basis points to 64.4%, driven by a favorable segment and brand mix in the nine months of the year. In the third quarter, however, it declined marginally by 40 basis points to 63.5% as favorable segment/channel/brand mix and pricing were not sufficient to fully offset the higher tariffs on our United States imports. Since November 2024, we have maintained our full-year 2025 guidance with confidence in our operational agility and disciplined execution. While our fundamentals remain strong with a healthy innovation pipeline, strong partnerships with global distributors and retailers, and a resilient consumer base, we are updating our 2025 guidance to reflect slower than anticipated growth through September of this year, amid ongoing macroeconomic uncertainty and moderating demand in several international markets outside the United States. We now expect $1.47 billion in sales, up 1% year-over-year, leading to diluted earnings per share of $5.12, flat compared to full-year 2024.
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