Interparfums, Inc. Reports 2025 Second Quarter Net Sales

Core Insights - Interparfums, Inc. reported a slight decline in net sales for the second quarter of 2025, with total sales at $334 million, down 2% from $342 million in the same period last year, while year-to-date sales increased by 1% to $673 million from $666 million [2][4] Sales Performance - European based net sales increased by 6% to $241 million in Q2 2025 from $226 million in Q2 2024, and year-to-date sales rose by 7% to $488 million from $457 million [2][6] - United States based net sales saw a significant decline of 20% to $96 million in Q2 2025 from $120 million in Q2 2024, with year-to-date sales down 12% to $190 million from $216 million [2][8] - The decline in U.S. sales was primarily attributed to the discontinuation of the Dunhill license, which had an 8 percentage-point impact on sales [8] Brand Performance - Sales for established lines under Lacoste and Coach performed strongly, with Coach for Men Eau de Parfum and Coach Women Gold achieving sales increases of 59% and 42%, respectively [6] - Jimmy Choo fragrance sales declined by 20% in Q2 2025 compared to the previous year, but year-to-date sales are up 5% due to new product introductions [7] - Roberto Cavalli fragrance sales grew by 23% in Q2 2025 and 25% year-to-date, benefiting from integration efforts [9] Management Commentary - The CEO noted that consolidated sales on an organic basis grew by 3% for the first half of 2025, despite a moderate decline in Q2 sales due to order timing shifts [4] - The company remains optimistic about the U.S. market and the resilience of its brand portfolio, viewing current challenges as temporary [5][10]