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G III APPAREL GROUP LTD /DE/ (GIII)

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Earnings summaries and quarterly performance for G III APPAREL GROUP LTD /DE/.

Recent press releases and 8-K filings for GIII.

G-III Apparel Group Reports Strong Q3 2026 Profitability and Raises Full-Year Guidance
GIII
Earnings
Guidance Update
Dividends
  • G-III Apparel Group (GIII) delivered strong profitability in Q3 2026, with net sales of $989 million and non-GAAP diluted earnings per share of $1.90, exceeding the high end of their guidance range.
  • The company updated its fiscal year 2026 guidance, now expecting net sales of approximately $2.98 billion and non-GAAP diluted earnings per share between $2.80 and $2.90.
  • GIII ended the quarter with a strong net cash position of $174 million and announced the approval of its first-ever quarterly cash dividend of $0.10 per share.
  • Despite the accelerated decline in sales from the Calvin Klein and Tommy Hilfiger brands, GIII replaced over 70% of the lost sales volume through organic growth of its owned and licensed portfolio, with Donna Karan delivering impressive double-digit sales increases and expected 40% growth in fiscal 2026.
  • The gross impact of tariffs is expected to be approximately $135 million for fiscal 2026, with an estimated unmitigated impact of approximately $65 million, leading to an anticipated 200 basis point decline in full-year gross margins.
Dec 9, 2025, 1:30 PM
G-III Apparel Group Reports Strong Q3 2026 Earnings and Initiates Dividend Program
GIII
Earnings
Guidance Update
Dividends
  • G-III Apparel Group reported Q3 2026 net sales of $989 million and non-GAAP earnings per diluted share of $1.90, exceeding the high end of its guidance range. Gross margins for the quarter were 38.6%, outperforming expectations.
  • The company updated its fiscal year 2026 guidance, now expecting net sales of approximately $2.98 billion and non-GAAP diluted earnings per share between $2.80-$2.90. The gross impact of tariffs is estimated at approximately $135 million, with an unmitigated impact of approximately $65 million for fiscal 2026.
  • G-III is actively managing the wind-down of its PVH licenses, with sales from these brands expected to be approximately $400 million in fiscal 2027, having already replaced over 70% of the lost sales volume through organic growth of its owned and licensed portfolio. Owned brands like Donna Karan saw impressive growth, with North American sales up double-digits and expected 40% growth for fiscal 2026.
  • The Board of Directors has approved a new dividend program, declaring an initial quarterly cash dividend of $0.10 per share.
Dec 9, 2025, 1:30 PM
G-III Apparel Group Exceeds Q3 2026 Earnings Expectations and Updates Full-Year Guidance
GIII
Earnings
Guidance Update
Dividends
  • G-III Apparel Group reported net sales of $989 million and non-GAAP earnings per diluted share of $1.90 for the third quarter of fiscal 2026, exceeding the high end of its guidance range.
  • The company updated its fiscal year 2026 guidance, now expecting net sales of approximately $2.98 billion and non-GAAP diluted earnings per share between $2.80 and $2.90.
  • Despite the accelerated decline in PVH brand sales, G-III has replaced over 70% of the lost sales volume through organic growth of its go-forward owned and licensed portfolio. PVH brand sales are projected to be approximately $400 million in fiscal 2027.
  • G-III ended the quarter with a net cash position of $174 million after repurchasing approximately $50 million in stock year-to-date, and its board approved an initial quarterly cash dividend of $0.10 per share.
  • The company anticipates the gross impact of tariffs to be approximately $135 million for fiscal 2026, with an unmitigated impact of approximately $65 million, with the majority of the gross margin hit expected in the fourth quarter.
Dec 9, 2025, 1:30 PM
G-III Apparel Group Reports Strong Q3 Fiscal 2026 Results, Raises Earnings Guidance, and Initiates Quarterly Dividend
GIII
Earnings
Guidance Update
Dividends
  • G-III Apparel Group, Ltd. reported net sales of $988.6 million and Non-GAAP net income per diluted share of $1.90 for the third quarter of fiscal 2026, ended October 31, 2025, both exceeding guidance.
  • The company updated its fiscal 2026 outlook, raising its GAAP diluted earnings per share guidance to between $2.72 and $2.82 and Non-GAAP diluted earnings per share to between $2.80 and $2.90, while net sales are now expected to be approximately $2.98 billion.
  • G-III announced the initiation of its first-ever quarterly dividend program, with an initial cash dividend of $0.10 per share payable on December 29, 2025, to stockholders of record as of December 15, 2025.
  • The company significantly improved its financial position, reducing total debt by 95% to $10.6 million and ending the third quarter of fiscal 2026 with a net cash position of $173.5 million.
Dec 9, 2025, 12:30 PM
G-III Apparel Group Reports Q3 FY26 Results, Raises FY26 EPS Guidance, and Initiates Quarterly Dividend
GIII
Earnings
Guidance Update
Dividends
  • G-III Apparel Group, Ltd. reported net sales of $988.6 million and net income per diluted share of $1.84 for the third quarter of fiscal 2026, ended October 31, 2025, with both metrics exceeding guidance.
  • The company initiated its first-ever quarterly dividend program, declaring an initial cash dividend of $0.10 per share to be paid on December 29, 2025.
  • G-III raised its fiscal 2026 GAAP diluted earnings per share guidance to between $2.72 and $2.82 and non-GAAP diluted earnings per share to between $2.80 and $2.90, while revising net sales guidance to approximately $2.98 billion.
  • The company's total debt decreased 95% to $10.6 million, resulting in a net cash position of $173.5 million as of October 31, 2025.
Dec 9, 2025, 12:00 PM
PVH Corp. Reports Strong Q2 2025 Results and Reaffirms Full Year Earnings Outlook
GIII
Earnings
Guidance Update
Share Buyback
  • PVH Corp. reported second quarter 2025 revenue of $2.167 billion, an increase of 4% compared to the prior year period, and non-GAAP diluted EPS of $2.52, with both figures exceeding guidance.
  • The company raised its full-year 2025 revenue outlook to increase slightly to low single-digits and reaffirmed its non-GAAP EPS outlook in the range of $10.75 to $11.00.
  • PVH Corp. made $561 million in share repurchases during the first quarter 2025 but does not expect to make further repurchases for the remainder of 2025.
Aug 26, 2025, 8:15 PM

Quarterly earnings call transcripts for G III APPAREL GROUP LTD /DE/.