secwatch.observer — SEC 8-K summary
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Issuer:     G III APPAREL GROUP LTD /DE/ (GIII)
CIK:        0000821002
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001104659-25-119484
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000110465925119484/0001104659-25-119484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000110465925119484/giii-20251204x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-119484

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