Interparfums reports Q2 net sales of $334M (-2% YoY); US sales plunge 20% on Dunhill exit, tariffs

INTERPARFUMS INC

Net sales Q2 $334M (-2% YoY); first half $673M (+1% YoY).
European operations +6% in Q2 driven by Lacoste (+59%) and Coach (+42%).
US operations -20% in Q2 due to Dunhill discontinuation (8-pt impact) and tariff disruptions.
Jimmy Choo down 20% in Q2; Montblanc flat; Roberto Cavalli up 23% in Q2.
Management expects stronger H2 with pricing actions and innovation; earnings call Aug 6.

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