G-III beats Q3 EPS guidance, initiates $0.10 quarterly dividend; raises FY26 outlook

G III APPAREL GROUP LTD /DE/

2025-Q3 EPS reported $2.23 revenue$2,185,524,000

Q3 GAAP EPS $1.84, non-GAAP EPS $1.90 (both above previous guidance); net sales $988.6M, down 9% YoY.
Debt slashed 95% to $10.6M; net cash $173.5M vs net debt $119.5M last year.
First-ever quarterly dividend declared: $0.10/share, payable Dec 29, 2025 to holders of record Dec 15, 2025.
FY26 guidance raised: GAAP EPS $2.72-$2.82 (prior $2.53-$2.73); non-GAAP EPS $2.80-$2.90 (prior $2.55-$2.75).
Revenue guidance trimmed to ~$2.98B (from $3.02B); tariff impact estimated at $135M gross, $65M unmitigated.

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