Interparfums

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $341.0M beat the $339.0M estimate by 0.60%, but diluted EPS of $0.95 missed the $0.97 consensus by 2.06%. While U.S. based operations grew a robust 18% YoY, European operations saw a 4% decline, weighed down by a 19% drop in Lacoste sales and geopolitical headwinds in the Middle East. Operating income fell 17% YoY to $48.9M, missing the EBIT target of $55.6M due to aggressive marketing reinvestment and higher royalty costs, which pressured operating margins to 14.4% vs. 17.7% in the prior year.