Interparfums reported second quarter net sales of $341 million, an increase of 2% from the prior year. The growth was primarily driven by a strong performance in its U.S.-based operations, which offset a decline in Europe attributed to tough comparisons and regional headwinds.
Key Highlights
- U.S.-based operations sales grew 18% to $113 million, with notable strength from Ferragamo (+41%) and Donna Karan/DKNY (+28%) fragrances.
- European-based operations sales declined 4% to $231 million, impacted by difficult prior-year comparisons for brands like Lacoste (-19%) and Coach (-8%).
- Management quantified that geopolitical conflict in the Middle East represented a 3% headwind to consolidated sales in the quarter.