---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-026716"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T14:37:40.425654+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# G-III Apparel reports FY 2026 EPS $1.51; non-GAAP $2.61; guides FY 2027 net income $88-92M

## Summary
- Net sales $2.96B, down 7% YoY; lost $254M from PVH brands; owned brands up mid-single digits.
- GAAP net income $67.4M ($1.51/diluted); non-GAAP net income $116.2M ($2.61/diluted).
- Includes $46.1M impairment charges and $17.5M bad debt from Saks Global bankruptcy.
- FY 2027 outlook: net sales ~$2.71B (lost $470M Calvin Klein/Tommy Hilfiger); net income $88-92M ($2.00-2.10/sh).
- Cash $406.7M; returned $54M to shareholders ($49.8M buybacks, $4.2M dividends); $25M cost savings initiated.

## SEC filing metadata
- accession: 0001104659-26-026716
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821002/000110465926026716/0001104659-26-026716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000110465926026716/giii-20260312x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-026716
- JSON: https://secwatch.observer/filing/0001104659-26-026716.json
- Plain text: https://secwatch.observer/filing/0001104659-26-026716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
