G-III Apparel Group, LTD (NASDAQ: GIII) Q1 2026 Earnings Call | 06/06/2025

17 days ago

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Inside Ticker

Earnings Calls

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G-III Apparel Group, LTD (NASDAQ: GIII) reported Q1 fiscal 2026 results on June 6, 2025, with net sales of $583.6 million—a 4% year-over-year decline, missing analyst expectations as the company faces ongoing macroeconomic headwinds and new tariff concerns. Despite beating EPS forecasts at $0.17 per share, G-III withdrew its annual income guidance due to uncertainty over potential tariffs on China-made apparel, contributing to a slide in the stock price. Gross margin remained solid at 40.8% for fiscal 2025, up from 40.1% the previous year. The company’s net sales for fiscal 2025 reached $3.18 billion, a 2.7% increase year-over-year, while non-GAAP net income grew 9% to $204 million ($4.42 per diluted share). However, G-III now expects fiscal 2026 net sales to decline slightly to $3.14 billion, with non-GAAP EPS guidance between $4.15 and $4.25, reflecting a cautious outlook amid tariff risks. Management reaffirmed its focus on owned brands such as DKNY, Donna Karan, and Karl Lagerfeld, which continue to deliver strong performance. The company also announced a new global apparel license for Converse, further diversifying its brand portfolio. Inventory and net cash positions improved, but the uncertain trade environment has forced G-III to prioritize flexibility and cost management as it heads into the critical back-to-school and holiday seasons. Outlook: Fiscal 2026: Net sales expected to decrease ~1% to $3.14 billion; non-GAAP EPS guidance $4.15–$4.25 Guidance on annual income withdrawn due to tariff uncertainty Continued investment in owned brands and new licenses About Inside Ticker: For more expert analysis and real-time updates on G-III Apparel Group (NASDAQ: GIII) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #GIII #EarningsCall #Q12026 #ApparelIndustry #RevenueMiss #Tariffs #StockMarket #Investing #DKNY #DonnaKaran #KarlLagerfeld #Converse #InsideTicker

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