Inter Parfums (IPAR) slips after Q1 results meet expectations, regional weakness offsets U.S. growth

Inter Parfums (IPAR) reported first-quarter 2026 results in line with expectations, with management citing strong U.S. demand and double-digit gains for Coach, Montblanc and GUESS. Shares traded at $90.25 after the earnings call, down from $91.70 before the report. CEO Jean Madar said new product launches and increased activity on digital channels, including Amazon and TikTok, supported brand performance. Management also highlighted momentum in Latin America and direct-to-retail initiatives. The company flagged declines in Eastern Europe and the Middle East, citing geopolitical and operational pressures. Management also said some brands faced tougher comparisons after a period of rapid growth driven by product innovation.