Interparfums (IPAR) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 11:51 AM CDT 30 min read

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DATE

Wednesday, May 6, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• Chairman & Chief Executive Officer — Jean Madar

• Chief Financial Officer — Michel Atwood

Full Conference Call Transcript

Jean Madar: Thank you, Devin, and bully morning, everyone. We started disconnected the twelvemonth broadly successful enactment with expectations, with consolidated income expanding 2% connected a reported basis, reflecting maturation from some our U.S.- and European-based operations. Despite mixed results crossed the portfolio, aided by favorable overseas speech movements, we were capable to make important maturation crossed respective cardinal markets operating successful a much hard situation portion enhancing profitability. Our results bespeak the spot of our underlying business, the entreaty of our brands, and the disciplined execution of our strategy crossed a divers planetary footprint. Consolidated income maturation successful the archetypal 4th reflected beardown marque execution and coagulated show successful prime regions, partially offset by macro and determination headwinds.

North America, our largest market, accrued by 7%, driven by continued class maturation and innovative marque extensions, peculiarly from Coach. Central and South America grew 23%, supported by beardown momentum successful women’s and men’s Coach franchises and the Montblanc Legend line. Western Europe income were flat, driven by dilatory user demand. These results were partially offset by softer show successful different parts of the world. Eastern Europe declined 12% driven by operational difficulties successful definite markets, which disproportionately impacted Lanvin and Lacoste. Middle East and Africa declined 12% chiefly owed to caller intensifications of determination wars and conflicts.

Asia Pacific income decreased 7% driven by organisation changes we implemented successful 2025 successful South Korea and India, and softer user request successful Australia and New Zealand, which were partially compensated by beardown maturation successful China. Moving to show by brand, we saw coagulated maturation from respective of our larger brands. Coach accrued 30%, reflecting beardown sell-in pursuing the launches of caller extensions wrong the Coach Woman and Coach Men franchises—Coach Cherry and Coach Platinum—as good arsenic sustained steadfast request crossed astir existing lines.

Montblanc roseate 14%, driven by the motorboat of Legend Elixir, the archetypal motorboat of the Legend franchise since 2024, and the occurrence of the Explorer Extreme enactment launched past twelvemonth and the little income basal successful past year’s archetypal quarter. GUESS, our largest U.S.-based brand, grew 11% successful the archetypal quarter, driven by ongoing occurrence of the Iconic franchise, supported by launches of caller extensions wrong the Iconic and Seductive pillars. Roberto Cavalli continued to make robust results to commencement 2026, achieving a 32% summation successful nett sales. Our blockbuster motorboat from past year, Serpentine, remains a important success, opening galore much doors for america crossed the world.