INTERPARFUMS INC — Form 8-K

Interparfums reported Q2 2026 net sales of $341M (+2% YoY) and diluted EPS of $0.95 (-4% YoY); H1 2026 sales reached $686M (+2%) with EPS of $2.31 (-1%). The company reaffirmed full-year 2026 guidance of $1.48B sales and $4.85 EPS, supported by $17.6M in tariff refunds received year-to-date. Operating margin compressed 330 bps to 14.4% in Q2 due to higher A&P spending (22.6% of sales vs. 20.6%), elevated royalty costs, and logistics expenses. Geographic headwinds included a 24% sales decline in Middle East/Africa from the war, a 7% drop in Eastern Europe, offset partly by 5% North America growth and 14% Asia/Pacific growth. The company declared a $0.80/share quarterly dividend payable September 30, 2026.