Interparfums Inc

Dividend The Company s regular quarterly cash dividend of $ 0.80 per share will be paid on September 30, 2025, to shareholders of record on September 15, 2025.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

common shareholders: Basic $ 0.95 $ 1.00 $ 2.31 $ 2.32 Diluted $ 0.95 $ 0.99 $ 2.31 $ 2.32 Weighted average number of shares outstanding: Basic 32,026 32,110 32,027 32,115 Diluted 32,026 32,149 32,027 32,162 Dividends declared per share $ 0.80 $ 0.80 $ 1.60 $ 1.60 See notes to condensed consolidated financial statements.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026

The fair value of the Company s long-term debt was estimated based on the current rates offered to companies for debt with the same remaining maturities and is approximately equal to its carrying value.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026

In December 2022, to finance the acquisition of the Lacoste trademark, the Company entered into a 50 million (approximately $ 57.0 million) 4 -year term loan with a variable interest rate.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026

This variable rate debt was swapped for variable interest rate debt with a maximum rate of 2 % per annum.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026

In connection with the April 2021 acquisition of the office building complex in Paris, 120 million (approximately $ 136.7 million) of the purchase price was financed through a 10 -year variable rate term loan.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026

The Middle East & Africa declined 19 %, primarily due to a disproportionate impact from the exit of the Dunhill license; excluding the impact of Dunhill, net sales declined 6 % due to conflict in the region and as more doors focused on higher end luxury fragrances.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Additionally, our first owned brand fragrance collection, Solf rino, remains on track with a highly selective distribution and elevated merchandising strategy as we prepare to open our flagship Paris boutique next month.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Madar concluded, As always, we remain committed to investing in our brands and capabilities while maintaining the flexibility to adapt to evolving market conditions.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Although the imposition of tariffs and a dynamic market environment may present near-term challenges due to trade destocking, our recent pricing strategies, upcoming fragrance launches, and foreign exchange tailwinds are expected to be the catalysts in driving stronger results in the second half of 2025 leading to continued market share gains.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

In the first half of 2025 , we improved our operating cash flow by $ 31 million compared to the same period last year, shifting from $ 26 million of cash consumption to $ 5 million of cash generation as our inventory initiatives began to deliver results.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

While second quarter results were affected, and we anticipate that some of these headwinds will persist into the second half of the year, our proactive and timely actions position us to fully resolve these challenges in 2026 .

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Although the imposition of tariffs and a dynamic market environment may present near-term challenges due to trade destocking, our recent pricing strategies, upcoming fragrance launches, and foreign exchange tailwinds are expected to be the catalysts in driving stronger results in the second half of 2025 leading to continued market share gains.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

As we look ahead to the second half, we remain mindful of the ongoing macroeconomic uncertainty, including tariff-related supply chain impacts, moderating demand in several international markets outside the United States, and continued volatility of the EUR/USD exchange rate.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Nevertheless, we are cautiously optimistic in our ability to achieve the full year objectives we initially laid out in November 2024, supported by the continued resilience of the fragrance category, tariff induced second half pricing actions, and continuing foreign exchange tailwinds.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

These factors include, but are not limited to, the risks and uncertainties discussed under the headings Forward Looking Statements and "Risk Factors" in Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2024, and the reports Interparfums files from time to time with the Securities and Exchange Commission.

SEC original ↗Interparfums Inc — Earnings release (8-K exhibit)EX-99Aug 5, 2025

IEEPA Tariffs On February 20, 2026, the U.

SEC original ↗Interparfums Inc — 10-Q Quarterly report10-QAug 4, 2026