Interparfums, Inc. has reported record net sales for the 2025 fourth quarter and full year. The company's total net sales for 2025 rose to $1.49 billion, marking a 2% increase from the previous year. In the fourth quarter of 2025, net sales reached $386 million, showing a 7% increase from the same period in 2024.
Breaking down the net sales further, European-based net sales saw a 9% increase in the fourth quarter of 2025, reaching $233 million, and a 7% increase for the full year, reaching $1.016 billion. United States-based net sales increased by 4% in the fourth quarter, amounting to $155 million, but declined by 6% for the full year, amounting to $482 million, excluding the impact of the discontinued dunhill license.
The favorable foreign exchange rate played a significant role in the company's performance, with the average dollar/euro exchange rate for the 2025 fourth quarter at 1.16, leading to a positive 3% foreign exchange impact. For the full year, the average dollar/euro exchange rate was 1.13, resulting in a positive 2% foreign exchange impact.
European-based operations contributed significantly to the company's growth, with impressive performances from top brands such as Coach, Lacoste, and Montblanc. Coach fragrance sales increased by 5% in the fourth quarter and 15% for the full year, while Lacoste fragrance sales grew by 23% in the fourth quarter and 28% for the full year. Additionally, sales of the Montblanc brand rose by 22% in the fourth quarter.
In the United States, operations saw growth driven by the performance of brands such as Guess, Donna Karan/DKNY, Roberto Cavalli, and MCM. Guess and Donna Karan/DKNY returned to growth in the fourth quarter, posting sales increases of 7% and 8%, respectively. Roberto Cavalli fragrance sales rose by 33% in both the fourth quarter and full year, and MCM fragrance sales increased by 40% in the fourth quarter and 17% for the full year.
Looking ahead, Jean Madar, Chairman & Chief Executive Officer of Interparfums, expressed cautious optimism about 2026 and the potential for a more favorable operating environment in 2027 and beyond, as the company prepares to roll out major innovations on new licenses and larger brands.
Today the company's shares have moved -0.54% to a price of $89.93. For more information, read the company's full 8-K submission here.
