July 23 (Reuters) - ** Shares in Interparfums IPAR.PA fall 5.7% after the French fragrance group reported "disappointing" first-half sales

** Half-year sales came at 414.3 million euros ($473.34 million), down 7.3% yoy

** Interparfums expects 2026 revenue to be between 850 and 870 million euros, or down 3% year-on-year at constant exchange rates

** Analysts at TP ICAP Midcap call the first-half revenue performance "disappointing" and cut their sales forecasts, although they note operating margins remain resilient

** Shares are on track for the worst day since November 2025

($1 = 0.8753 euros)