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Interparfums reports Q3 revenue $430M, consensus $431.78M

Jean Madar, chairman and CEO of Interparfums (IPAR) stated, “We achieved a record third quarter with consolidated sales growth of 1% for both the 2025 third quarter and year-to-date periods, supported by ongoing consumer interest in prestige and luxury fragrances. While the growth was more moderate than expected as consumers are being more selective in their spending and retailers are taking a cautious approach to inventory, we are encouraged by the resilience of the overall market, as well as our innovation and portfolio evolution. During the 2025 third quarter, sales by European based operations rose 5%, on top of the 21% growth achieved in the same period last year, primarily attributable to the strong and continuing performance of the Jimmy Choo I Want Choo franchise which helped the Jimmy Choo brand grow 16% in the third quarter and 9% on a year-to-date basis. Lacoste fragrances, in its second year under our management, is on track to achieve $100 million in sales this year. We achieved continued success with our established Coach lines, and the latest innovation, Coach Gold, performed well, resulting in brand sales increasing 6% and 18% for the quarter and year-to-date, respectively. Despite the recent release of the new Montblanc Explorer Extreme extension, brand sales were slightly lower in the third quarter, leading to a 6% decline year-to-date. We have further enhanced the brand with the launch of Montblanc Signature Elixir and believe it will gain more traction through the balance of the year and into 2026. Sales by United States based operations, excluding the phase-out of Dunhill fragrances decreased, 5% and 6% from the prior year periods for the third quarter and year-to-date. The phase out of Dunhill was concluded in August 2024.”

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