Financial Data and Key Metrics Changes - In 2025, the company achieved record sales of $1.49 billion, with fourth quarter sales of $386 million, marking the best fourth quarter performance ever [4][26] - Fourth quarter sales rose 7% on a reported basis and 3% on an organic basis, driven by higher sales from both US and European operations [8][26] - Gross margin contracted by 20 basis points to 63.6% in 2025, primarily due to higher costs from tariffs, which resulted in approximately $12.8 million in additional costs [27][28] Business Line Data and Key Metrics Changes - US operations saw a 4% increase in fourth quarter sales, driven by brands like Guess and Donna Karan Beauty NY, while full year sales declined 3% excluding the phase-out of Dunhill fragrances [8][34] - European-based operations reported a 9% increase in fourth quarter sales, with a 4% rise in organic growth and a 4% positive effect from foreign exchange [11][32] - Notable brand performances included a 33% increase in Cavalli fragrance sales and a 40% increase in MCM fragrance sales in the fourth quarter [10][11] Market Data and Key Metrics Changes - The travel retail market grew by 6% in 2025, representing approximately 7% of total net sales, with brands like Cavalli, Lacoste, and Coach performing well [20] - The company noted strong sell-through rates and healthy ordering patterns in early 2026, indicating a positive market environment [100][101] Company Strategy and Development Direction - The company plans to continue expanding its portfolio with new partnerships and brand acquisitions, including a 15-year extension of the Guess license and new agreements with David Beckham and Nautica [18][19] - Innovation remains a key focus, with expectations for significant new product launches in 2027 across major brands [70] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the operating environment, noting ongoing macroeconomic challenges such as tariffs and geopolitical conflicts [6][24] - The company anticipates a stable market in 2026, with expectations for stronger growth in 2027 driven by enhanced innovation [39][40] Other Important Information - The company has made progress in operational improvements, including transitioning to 100% third-party providers for logistics and managing inventory levels effectively [21][36] - The effective tax rate for the year was 23.3%, down from 24.2% in 2024, benefiting from a one-time favorable net tax gain [31] Q&A Session Summary Question: What metrics will be considered for updating guidance? - Management indicated that they are monitoring market growth and the innovation pipeline, with a cautious approach to revising guidance due to market volatility [42][46] Question: What is the outlook for promotions in the market? - Management noted a slight uptick in promotions in the fourth quarter but emphasized that it was not significant and typical for the industry [48][52] Question: Is there capacity for additional brand acquisitions? - Management confirmed that there is capacity to add more brands to the portfolio and is actively seeking new opportunities [61][62] Question: What are the expectations for the flanker pipeline? - The flanker strategy is designed to maintain market share, with expectations for brands like GUESS and Lacoste to outperform in 2026 [69][70] Question: How are trends across key regions shaping up in 2026? - The US and Southern Europe are performing well, while Northern Europe is more challenging; Asia, particularly China, remains slow [100][102]

Inter Parfums (NasdaqGS:IPAR) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsAron Adamski - AssociateDevin Sullivan - Managing DirectorHamed Khorsand - Principal and Director of ResearchJean Madar - Chairman and CEOMichel Atwood - CFOConference Call ParticipantsSusan Anderson - Managing Director and Senior AnalystSydney Wagner - Consumer Equity Research AnalystOperatorGreetings, welcome to the Inter Parfums Fourth Quarter 2025 Conference Call and webcast. At this time, all participa ...

Inter Parfums (NasdaqGS:IPAR) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Speaker5Greetings, welcome to the Inter Parfums fourth quarter 2025 conference call and webcast. At this time, all participants are in a listen-only mode. A question and answer session will follow a formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Devin Su ...

Core Insights - Interparfums, Inc. (IPAR) achieved record fourth-quarter 2025 results with both revenue and earnings increasing year over year, surpassing the Zacks Consensus Estimate [1][5] Financial Performance - Quarterly earnings reached 88 cents per share, a 16% increase from 75 cents in the prior-year period, exceeding the Zacks Consensus Estimate of 78 cents [5][10] - Consolidated net sales rose 7% to $386.2 million from $361.5 million in the same quarter last year, with organic sales increasing by 3% [5][10] - European operations saw net sales grow by 9% to $233 million, while U.S. operations increased by 4% to $155 million, driven by brands like GUESS and Roberto Cavalli [6] Operational Highlights - The top seven brands, which account for approximately 77% of total sales, demonstrated healthy growth, particularly from Jimmy Choo, Coach, Lacoste, and Roberto Cavalli [3] - Travel Retail continued to outperform overall company growth, indicating strong demand in that segment [3] Cost and Margin Analysis - Consolidated gross margin decreased to 61.5%, down 300 basis points from 64.5% in the prior year, primarily due to tariff-related cost pressures [7] - Selling, general, and administrative expenses rose to $209.8 million from $193 million last year, while operating income fell 24% to $27.5 million, leading to a contraction in operating margin by 280 basis points to 7.1% [7] Financial Health - At the end of 2025, Interparfums had $295.2 million in cash, cash equivalents, and short-term investments, with inventories declining by 6% year over year [8] - Long-term debt, excluding the current portion, was approximately $121.3 million, and the company reaffirmed its annual cash dividend at $3.20 per share for 2026 [8] Future Outlook - Interparfums reaffirmed its 2026 guidance, projecting net sales of $1.48 billion and earnings per share of $4.85, considering current exchange rates and the anticipated full-year impact of tariffs [11]

分组1 - Interparfums reported quarterly earnings of $0.88 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing an increase from $0.82 per share a year ago, resulting in an earnings surprise of +12.82% [1] - The company achieved revenues of $386.18 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.07% and increasing from $361.5 million year-over-year [2] - Interparfums has outperformed the S&P 500, with shares rising approximately 19.9% since the beginning of the year, while the S&P 500 has declined by 0.1% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.18 on revenues of $345.44 million, and for the current fiscal year, it is $4.82 on revenues of $1.49 billion [7] - The Zacks Industry Rank indicates that the Consumer Products - Discretionary sector is in the bottom 42% of over 250 Zacks industries, suggesting that industry outlook can significantly impact stock performance [8]

FY2025 Net Sales $1.49 Billion and Diluted EPS of $5.24 Per Share; Reaffirms FY2026 Guidance and Maintains Annual Cash Dividend of $3.20 for 2026 NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported record results for the fourth quarter and full year ended December 31, 2025. Financial Highlights:($ in millions, except per share amounts)Three Months EndedDecember 31,Year EndedDecember 31,20252024% Change20252024% Ch ...

Industry Overview - The U.S. beauty and cosmetics industry demonstrates resilience, providing a defensive growth profile even during economic fluctuations, with stable demand for skincare, fragrance, and color cosmetics [1] - Structural growth drivers include the rapid expansion of skincare and prestige fragrance, with wellness, ingredient transparency, and sustainability influencing purchasing decisions, particularly among Gen Z and millennials [2] Digital Transformation - Digital transformation is crucial for competitive advantage, with elevated e-commerce penetration; retailers combining online convenience with experiential store formats are better positioned for customer loyalty [3] - Companies like Ulta Beauty, Inc. leverage robust loyalty programs and omnichannel capabilities to align with evolving consumer preferences [3] Brand Strategy - A diverse portfolio across mass and prestige offerings allows companies to navigate shifting demand trends effectively; Coty Inc. exemplifies this with its mix of consumer beauty products and higher-growth prestige fragrance assets [4] - Interparfums focuses on developing fragrance franchises for global fashion houses, emphasizing brand identity and long-term partnerships rather than short-term volume [7] Innovation and Growth - Continuous innovation is central to Interparfums' strategy, with successful product lines like Jimmy Choo and Montblanc enhancing brand visibility and consumer engagement [8][9] - The Estee Lauder Companies is reshaping its approach through the "Beauty Reimagined" strategy, focusing on consumer-centricity and agility across various channels [10][11] Market Positioning - e.l.f. Beauty has emerged as an agile player by offering high-quality, prestige-inspired products at accessible prices, quickly adapting to consumer demand [13] - Product innovation is key for e.l.f., with successful launches in various categories and strong in-store execution supporting brand visibility [14][15] Investment Opportunities - The beauty and cosmetics sector presents stability and long-term growth potential, with companies like Interparfums, The Estee Lauder Companies, and e.l.f. Beauty identified as positioned to benefit from industry growth drivers [5]

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is New Oriental Education (EDU) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.New Oriental Education is a member of the Consumer Discretionary sector. This group includes 256 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measu ...

Core Insights - Interparfums, Inc. (IPAR) is expected to report a decrease in earnings for Q4 2025, with a consensus estimate of 78 cents per share, reflecting a 4.9% decline from 82 cents in the same quarter last year [1][9] Group 1: Earnings and Sales Performance - The company achieved a record net sales of $386 million in Q4 2025, marking a 7% increase year-over-year, driven by brand strength and innovation [4][9] - For the full year, net sales reached $1.489 billion, supported by favorable currency effects and growth across its portfolio of prestige and luxury fragrance brands [4] Group 2: Regional Sales Breakdown - In Europe, net sales were $233 million in Q4, representing a 9% increase from the previous period, with 4% organic growth and a 4% benefit from foreign exchange [5] - U.S. net sales reached $155 million in Q4, indicating a 4% year-over-year increase, bolstered by growth from brands like GUESS and Donna Karan/DKNY [6] Group 3: Operational Challenges - The company faces challenges such as retailer destocking and macroeconomic uncertainty, which are expected to impact margins negatively [3] - Gross margin is anticipated to decrease by 390 basis points in Q4 2025 due to ongoing investments in advertising, tariff-related pressures, and foreign-exchange volatility [3] Group 4: Earnings Expectations - The current model predicts an earnings beat for Interparfums, supported by a positive Earnings ESP of +2.56% and a Zacks Rank of 2 (Buy) [7]

Core Viewpoint - Bessemer Group Inc. significantly reduced its holdings in Interparfums, Inc. by 99.2% in Q3, indicating a major shift in investment strategy towards the company [2] Institutional Holdings - Bessemer Group Inc. sold 185,793 shares, leaving it with only 1,552 shares valued at $153,000 at the end of the reporting period [2] - Westwood Holdings Group Inc. increased its stake by 66.8%, acquiring an additional 310,712 shares, bringing its total to 775,590 shares worth $101,843,000 [3] - Squarepoint Ops LLC raised its position by 249.3%, now holding 225,907 shares valued at $29,664,000 after purchasing 161,239 shares [3] - Man Group plc expanded its stake by 572.8%, owning 187,058 shares worth $24,563,000 after acquiring 159,254 shares [3] - Tributary Capital Management LLC increased its holdings by 139.6%, now owning 228,520 shares valued at $22,482,000 after buying 133,131 shares [3] - Institutional investors collectively own 55.57% of Interparfums' stock [3] Stock Performance - Interparfums' stock opened at $102.24, with a market cap of $3.28 billion [4] - The company has a P/E ratio of 20.01, a debt-to-equity ratio of 0.13, a current ratio of 3.27, and a quick ratio of 1.99 [4] - The stock has fluctuated between a 1-year low of $77.21 and a high of $148.15 [4] Analyst Ratings and Price Targets - Sanford C. Bernstein upgraded Interparfums to a "strong-buy" rating [5] - UBS Group set a target price of $103.00, while Jefferies Financial Group set a target of $112.00 [5] - BWS Financial maintained a "neutral" rating with a price target of $85.00 [5] - Berenberg Bank initiated coverage with a "buy" rating and a target of $103.00 [5] - The consensus rating for Interparfums is "Moderate Buy" with a price target of $119.14 [5][6] Company Profile - Interparfums, Inc. is a global fragrance company that designs, manufactures, and distributes premium perfume and cosmetic products [7] - The company operates primarily through licensing agreements with established fashion and luxury brands, overseeing all stages of product development [7] - Its portfolio includes well-known names such as Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels, and Lanvin [7]