Interparfums, Inc. · NASDAQ:IPAR

Interparfums — Q4 2025 Earnings Presentation

57 slides from Interparfums's earnings presentation, Feb 25, 2026

  1. Slide 1: Interparfums, Inc. Investor Presentation November 2025

    NOVEMBER 2025 NASDAQ: IPAR

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS Interparfums, Inc. (“Interparfums”) has included statements in this presentation that may contain forward-looking statements which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from projected resul

  3. Slide 3: About Interparfums, Inc.

    ABOUT INTERPARFUMS, INC. FINANCIAL SNAPSHOT History of The Company Share Price (11/5/2025) $91.25 Shares Outstanding (9/30/2025) 32 M Founded in 1982 by Jean Madar and Philippe Benacin in France Market Cap. $2.9 B Initial public offering of Interparfums, Inc. in 1988 on NASDAQ in New York Working Ca

  4. Slide 4: Investment Highlights

    INVESTMENT HIGHLIGHTS History of Sustained We are a Preferred Multi-Pronged Strategy Strong Balance Sheet Founders/CEOs Aligned Growth & Success Partner for Brands for Continued Growth with Shareholder Interests Net Sales CAGR of 10% 40+ years of experience Concurrently growing Capital light busines

  5. Slide 5: Our Strategy

    OUR STRATEGY Focus on prestige beauty brands ✓ Large and attractive growing industry ✓ Expertise in developing and launching fragrances utilizing internationally renowned brand names Grow portfolio brands through new products and marketing ✓ Create fragrance family flankers/extensions within the exi

  6. Slide 6: A Preferred Partner

    A PREFERRED PARTNER Manufacturing Expertise ✓ A well-crafted and well-executed production process ✓ A core group of specialized supplier partners (glass, boxes, fragrance, packaging, etc.) for products of the highest quality Marketing Expertise ✓ Creative product development & innovation to capture

  7. Slide 7: Portfolio of Brands

    PORTFOLIO OF BRANDS E U R O P E A N B A S E D O P E R A T I O N S U N I T E D S T A T E S B A S E D O P E R A T I O N S 7

  8. Slide 8: New Licenses & Brands Timeline

    NEW LICENSES & BRANDS TIMELINE 2006-2010 2011-2015 2016-2020 2021-2025 2026 & Beyond* 2006 2011 2018 2021 2012 2007 2013 2026 2009 2022 2019 2014 2027E 2023 2010 2015 2020 2024 *Commercialization for Annick Goutal and Off-White set to commence in 2026 First launch of Longchamp expected in 2027 8

  9. Slide 9: A Proven Track Record in Building Brands

    A PROVEN TRACK RECORD IN BUILDING BRANDS $300 $250 CAGR: +15% Annual Net Sales ($ IN MILLIONS) $200 COVID-19 Pandemic CAGR: +14% $150 $100 $50 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 A UNIQUE ABILITY TO ELEVATE POWERFUL GLOBAL BRANDS AND SUSTAIN NET SALES GROWTH

  10. Slide 10: Long-Standing History of Sales Growth

    LONG-STANDING HISTORY OF SALES GROWTH 2004 – 2024 ($ IN MILLIONS) $1,452 $1,318 COVID-19 $1,087 Pandemic $880 Portfolio Transition Global $714 $353 $676 Recession $308 $591 $432 $539 $499 $469 $521 $198 $216 $179 $177 $110 $139 $90 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 201

  11. Slide 11: Annual Dividend Per Share

    CREATING SUSTAINABLE SHAREHOLDER VALUE A LOOK AT THE LAST DECADE 2014 – 2024 $150 $4 ANNUAL DIVIDEND PER SHARE $120 $3 $3.00 $90 STOCK PRICE $2.50 $2 $2.00 $60 $1.16 $1 $30 $1.00 $0.91 $0.72 $0.52 $0.62 $0.33 $- $- 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Annual Dividends (per share) Stock

  12. Slide 12: >$57 billion: A Large and Attractive Industry

    A LARGE AND ATTRACTIVE INDUSTRY >$57 billion Global Fragrance Market Size in 2024 57% +6% 75% / 25% Product Segmentation in Premium Expected CAGR Distribution Channel Split between (Prestige/Luxury) 2025 - 2034 Offline (in-store)/ Online (e-commerce) Source: Precedence Research, Report Code: 4401 12

  13. Slide 13: Interparfums vs. the Industry

    INTERPARFUMS VS.THE INDUSTRY ~$4.5 billion Estimated Interparfums, Inc. Retail Sales in 2024 SIGNIFICANT OPPORTUNITY TO CONTINUE TO CAPTURE MARKET SHARE 100% +10% ~70/30% Product Segmentation in Premium Distribution Channel Split between Growth in 2024 (Lifestyle/Prestige/Luxury) Offline (in-store)/

  14. Slide 14: Consumer Driven Market Evolution

    CONSUMER DRIVEN MARKET EVOLUTION Category Premiumization Consumers are upgrading to more North American Market European Market exclusive and higher-priced luxury Expanding due to increasing Mature market with historically brands and longer lasting scents. penetration levels (>20%), high penetration

  15. Slide 15: Product Development & Production Cycle

    PRODUCT DEVELOPMENT & PRODUCTION CYCLE Follow packaging Concept choice Receive bids from Issue component kkof the fragrance kk component kk kkand inventory purchase orders control and packaging suppliers procedures 02 04 06 08 01 03 05 07 Simultaneous Produce mock- Choose suppliers & Follow quality

  16. Slide 16: Distribution Model

    DISTRIBUTION MODEL Global Presence >120 Countries Duty Free Distributors (Direct Affiliates) Distributors (Third Party) Through key account We designate 1-3 distributors on management, we also distribute an exclusive basis for one or more United States our products through a variety of of our name b

  17. Slide 17: Competitors

    COMPETITORS G R O U P S W I T H L I C E N S E D B R A N D S G R O U P S W I T H O W N E D B R A N D S 17

  18. Slide 18: Industry Leading Performance

    INDUSTRY LEADING PERFORMANCE Total Shareholder Return (as a percentage of amount invested) 3-Years 5-Years 10-Years (12/31/2021 – 12/31/2024) (12/31/2019 – 12/31/2024) (12/31/2014 – 12/31/2024) +30% +93% +426% (34%) (37%) (55%) (78%) (58%) +22% (14%) +39% +175% (7%) +65% +435% (67%) (73%) +45% Sourc

  19. Slide 19: Financial Update & Outlook

    FINANCIAL UPDATE & OUTLOOK

  20. Slide 20: Financial Update: Third Quarter 2025

    FINANCIAL UPDATE:THIRD QUARTER 2025 Quarter Ended September 30, ($ in millions, except per share data) 2025 2024 % Change Net Sales $430 $425 +1% Gross Profit $273 $271 +1% Gross Margin 63.5% 63.9% (40) bps Operating Income $109 $106 +2% Operating Margin 25.3% 25.0% +30 bps Net Income attributable t

  21. Slide 21: Financial Update: Year-to-Date 2025

    FINANCIAL UPDATE:YEAR–TO–DATE 2025 Nine Months Ended September 30, ($ in millions, except per share data) 2025 2024 % Change Net Sales $1,102 $1,091 +1% Gross Profit $710 $694 +2% Gross Margin 64.4% 63.6% +80 bps Operating Income $243 $239 +2% Operating Margin 22.0% 21.9% +10 bps Net Income attribut

  22. Slide 22: Latest Balance Sheet

    LATEST BALANCE SHEET September 30, December 31, ($ in millions) 2025 2024 Cash and cash equivalents $110 $125 Short-term investments 77 109 Accounts receivable, net 364 275 Inventories 388 372 Receivables, other 10 6 Other current assets 41 27 Income taxes receivable — <1 Total current assets 991 91

  23. Slide 23: Latest Cash Flow Statement

    LATEST CASH FLOW STATEMENT Nine Months Ended September 30, ($ in millions) 2025 2024 Cash and cash equivalents – beginning of year $125 $88 Cash flows from operating activities: Net Income 180 177 Non-cash adjustments to net income 22 20 Cash used in working capital (134) (147) Net cash provided by

  24. Slide 24: Sales by Key Brands

    SALES BY KEY BRANDS Nine Months Ended September 30, % of ($ in millions) 2025 2024 % Change Portfolio* Jimmy Choo $199 $182 +9% 18% Coach $178 $151 +18% 16% Montblanc $166 $177 (6%) 15% GUESS $120 $125 (4%) 11% Lacoste $88 $68 +29% 8% Donna Karan/DKNY $68 $75 (9%) 6% Ferragamo $40 $46 (14%) 4% Top S

  25. Slide 25: Sales by Region

    SALES BY REGION NINE MONTHS ENDED SEPTEMBER 30, 2025 Western Eastern North Europe Europe America $81 $289 +6% $415 +3% Asia/Pacific +4% Middle East $141 & Africa (9%) Central & $78 South (16%) America $100 +12% $ in millions; growth rate vs. nine months ended September 30, 2024 25

  26. Slide 26: 2025 Guidance – Updated

    2025 GUIDANCE – UPDATED Net Sales ($ in Billions) Earnings Per Diluted Share $1.45 $1.47 $5.12 $5.12 2024 2025E 2024 2025E Guidance for 2025 assumes that the average dollar/euro exchange rate remains at current levels As of November 5, 2025 26

  27. Slide 27: ESG Strategy & Philosophy

    ESG STRATEGY & PHILOSOPHY Reducing and optimizing our environmental footprint ESG Rating Upgrade: BB Creating a more diverse and inclusive culture and impacting our community (Improved from B) While we do not own our manufacturing facilities, Understanding the impact of we set a high bar with our in

  28. Slide 28: Corporate Leadership & Contacts

    CORPORATE LEADERSHIP & CONTACTS Jean Madar Michel Atwood Co-Founder, Chairman of the Board, Chief Financial Officer and Chief Executive Officer Investor Relations Contact Karin Daly ─ Vice President, The Equity Group Inc. Email: kdaly@theequitygroup.com | Phone: (212) 836-9623 Media Contact Ildiko J

  29. Slide 29: Our Portfolio of Brands

    OUR PORTFOLIO OF BRANDS

  30. Slide 30: Jimmy Choo

    THE FRAGRANCES JIMMY CHOO $243M +7% 17% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Largest brand in 2024 Two new flankers in 2025: • Jimmy Choo Man Extreme launched in Q1 • Jimmy Choo I Want Choo extension, I Want Choo With Love, launched in Q3 Managed by European based Operations 30

  31. Slide 31: Montblanc

    THE FRAGRANCES MONTBLANC $222M ~flat 15% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Second largest brand in 2024 Three new flankers in 2025: • Montblanc Collection extension, Star Oud, launched in Q2 • Montblanc Explorer extension, Explorer Extreme, launched in Q2 • Montblanc Signature e

  32. Slide 32: Coach

    THE FRAGRANCES COACH $198M (2%) 14% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Third largest brand in 2024 Two new flankers in 2025: • Coach for Men Eau De Parfum launched in Q1 • Coach Gold for women launched in Q2 Managed by European based Operations 32

  33. Slide 33: GUESS

    THE FRAGRANCES GUESS $175M +13% 12% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Fourth largest brand in 2024 Launch of various flankers in 2025: • Seductive extension, Seductive Dream, launched in Q1 • GUESS Iconic for men launched in Q2 • Bella Vita extension, La Mia Bella Vita, launched

  34. Slide 34: Donna Karan / DKNY

    THE FRAGRANCES DONNA KARAN / DKNY $104M +9% 7% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Fifth largest brand in 2024 Launch of various flankers in 2025: • Donna Karan: Cashmere & Vanilla Essence launched in Q1 • DKNY: Be Delicious Ice Pop collection launched in Q1 • DKNY: 24/7 extension

  35. Slide 35: Lacoste

    THE FRAGRANCES LACOSTE $85M 6% NET SALES IN 2024 OF NET SALES IN 2024 Sixth largest brand in 2024 Launch of various flankers in 2025: • L.12.12 extensions, Silver Rose and Silver Grey, launched in Q2 • Original extension, Original Parfum, launched in Q2 • Original extension, Original Femme, launched

  36. Slide 36: Ferragamo

    THE FRAGRANCES FERRAGAMO $69M ~flat 5% NET SALES IN 2024 GROWTH VS. 2023 OF NET SALES IN 2024 Seventh largest brand in 2024 Blockbuster and flanker launches in 2025: • Blockbuster fragrance, Fiamma, launched in Q1 • Leather extension, Sublime Leather, launched in Q3 Managed by United States based Op

  37. Slide 37: Lanvin

    THE FRAGRANCES LANVIN Owned brand; acquired the Lavin brand in 2007 2025 marks a return to more routine business volumes following supply difficulties in certain Eastern European countries Strength of the Éclat d’Arpège line driving sales No major launches in 2025 A new initiative planned for late 2

  38. Slide 38: Rochas

    THE FRAGRANCES ROCHAS Owned brand; acquired the Rochas brand in 2015 Strong performance by the timeless Eau de Rochas line Blockbuster and flanker launches in 2025: • Blockbuster fragrance, Audace, launched in Q1 • Eau de Rochas extension, Neroli Azur, launched in Q1 Managed by European based Operat

  39. Slide 39: Roberto Cavalli

    THE FRAGRANCES ROBERTO CAVALLI Continued success to start the second full year in our portfolio Various blockbuster and flanker launches in 2025: • Gold Collection extension, Tobaccomore, launched in Q1 • Paradiso extension, Paradiso Rosa, launched in Q1 • Blockbuster fragrance, Serpentine, launched

  40. Slide 40: Karl Lagerfeld

    THE FRAGRANCES KARL LAGERFELD Strong start for Karl Ikonik line in Western Europe Launch of various flankers in 2025: • Jeans duo, Urban Blue and Urban Pink, launched in Q1 • Les Parfums Matières duo, Bois De Santal and Fleur d’Iris, launched in Q1 • New extension Managed by European based Operation

  41. Slide 41: Abercrombie & Fitch

    THE FRAGRANCES ABERCROMBIE & FITCH Global distribution of Fierce fragrance line Blockbuster and flanker launches in 2025: • Blockbuster fragrance duo, 100% Passion, launched in Q1 • Fierce extension, Fierce Reserve, launched in Q3 Managed by United States based Operations 41

  42. Slide 42: Van Cleef & Arpels

    THE FRAGRANCES VAN CLEEF & ARPELS Continued success by Collection Extraordinaire, and increasingly selective distribution Two new launches in 2025: • New Collection Extraordinaire extension, Moonlight Cherry, launched in Q1 Managed by European based Operations 42

  43. Slide 43: Oscar de la Renta

    THE FRAGRANCES OSCAR DE LA RENTA Alibi, Bella, and New York lines form the foundation of brand sales New flanker in 2025: • Bella extension, Bella Soleil, launched in Q1 Managed by United States based Operations 43

  44. Slide 44: Kate Spade

    THE FRAGRANCES KATE SPADE Activity mostly concentrated in the United States New flankers in 2025: • Kate Spade extension, Chérie Je T’aime, launched in Q1 • Kate Spade extension, Pop, launched in Q2 Managed by European based Operations 44

  45. Slide 45: Boucheron

    THE FRAGRANCES BOUCHERON Boucheron’s legacy scents, Femme and Homme, and the legendary Jaipur perfume form the foundation of brand sales Managed by European based Operations 45

  46. Slide 46: MCM

    THE FRAGRANCES MCM Continued launches capturing the creative spirit of MCM’s iconic backpacks and animals that resonate with millennials and Gen Z audiences New collection in 2025: • Six-scent MCM Collection launched in Q1 Managed by United States based Operations 46

  47. Slide 47: Moncler

    THE FRAGRANCES MONCLER Highly selective distribution Managed by European based Operations 47

  48. Slide 48: Hollister

    THE FRAGRANCES HOLLISTER We distribute Hollister fragrances in specialty stores, department stores and duty free shops Managed by United States based Operations 48

  49. Slide 49: Emanuel Ungaro

    THE FRAGRANCES EMANUEL UNGARO Brand is best known internationally, and we continue to produce and distribute the brand’s legacy scents, notably Diva New launches in 2025 • New extension • New body mist collection Managed by United States based Operations 49

  50. Slide 50: Anna Sui

    THE FRAGRANCES ANNA SUI Most popular throughout Asia and sold in over 30 countries New flanker in 2025 • Sundae extension, Neon Twist, launched in Q2 Managed by United States based Operations 50

  51. Slide 51: Graff

    THE FRAGRANCES GRAFF Highly selective distribution of the brand’s luxury scents Managed by United States based Operations 51

  52. Slide 52: Introducing the Next Wave of Portfolio Brands

    INTRODUCING THE NEXT WAVE OF PORTFOLIO BRANDS

  53. Slide 53: Solférino Paris

    SOLFÉRINO PARIS WHOLLY OWNED AND ORIGINALLY CREATED FRAGRANCE BRAND A 10-scent unisex collection, with each fragrance made by a different master perfumer The luxury collection is a celebration of Paris, and inspired by Interparfums SA Paris HQ located at 10 Rue de Solférino Opened its first flagship

  54. Slide 54: Longchamp

    LONGCHAMP FRAGRANCE LICENSE AGREEMENT SIGNED IN JULY 2025 Founded in 1948, Longchamp is a leather goods and fashion brand that reinvents French elegance with a twist 400 stores in 80 countries Interparfums SA signed a fragrance license agreement with Longchamp which will run through December 31, 203

  55. Slide 55: Goutal

    GOUTAL COMMERCIALIZATION SET TO COMMENCE IN 2026 Created by Annick Goutal in 1981, the eponymous brand positioned itself from the start in the exclusive high-end segment Known for refined and poetic creations of perfume, bath and home fragrance lines Interparfums SA acquired all worldwide intellectu

  56. Slide 56: Off-White

    OFF-WHITE COMMERCIALIZATION SET TO COMMENCE IN 2026 Founded in 2012, by the late designer Virgil Abloh, Off-White is known for its high-end streetwear influences and bold approach to youth luxury Interparfums SA signed for all Off-White brand names and registered trademarks for Class 3 fragrance and

  57. Slide 57: License Expiration Dates

    LICENSE EXPIRATION DATES Brand Name Expiration Date Abercrombie & Fitch March 14, 2028 Anna Sui December 31, 2026, plus one 5-year optional term Boucheron December 31, 2025 Coach June 30, 2031 Donna Karan/DKNY December 31, 2032, plus a 5-year optional term if certain sales targets are met Emanuel Un

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