G-III Q1 GAAP EPS $1.50 vs $0.17; raises FY2027 guidance; Marc Jacobs acquisition with WHP Global

G III APPAREL GROUP LTD /DE/

Net sales $536M (-8% YoY); GAAP net income $66.5M ($1.50 diluted EPS) vs $7.8M ($0.17).
Includes $102.7M pre-tax tariff recovery benefit; adjusted gross margin up 350 bps to 45.7%.
Non-GAAP diluted EPS ($0.21) vs $0.19 last year; ahead of guidance.
Raises FY2027 guidance: GAAP EPS $3.85-$3.95, non-GAAP EPS $2.15-$2.25, adj. EBITDA $178M-$182M.
Announces Marc Jacobs acquisition via JV with WHP Global to accelerate brand transformation.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

G III APPAREL GROUP LTD /DE/ reported fiscal year ending January 31, 2027 results: revenue approximately $2.71 billion, net income between $171.0 million and $175.0 million, EPS between $3.85 and $3.95. Guidance raised.

Period: fiscal year ending January 31, 2027
Revenue: approximately $2.71 billion
Net income: between $171.0 million and $175.0 million
EPS: between $3.85 and $3.95
Guidance: raised
Result: guidance update

Exact text from the filing

outlook does not include any impact related to its pending transaction to acquire Marc Jacobs. Fiscal 2027 Net sales for fiscal 2027 are expected to be approximately $2.71 billion, which incorporates the loss of approximately $470 million of sales from Calvin Klein and Tommy Hilfiger products. This compares to net sales of $2.96 billion for fiscal 2026.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

G III APPAREL GROUP LTD /DE/ reported second quarter ending July 31, 2026 results: revenue approximately $570.0 million, net income between $7.0 million and $11.0 million, EPS between $0.15 and $0.25. Guidance raised.

Period: second quarter ending July 31, 2026
Revenue: approximately $570.0 million
Net income: between $7.0 million and $11.0 million
EPS: between $0.15 and $0.25
Guidance: raised
Result: guidance update

Exact text from the filing

Net sales for the second quarter of fiscal 2027 are expected to be approximately $570.0 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

G III APPAREL GROUP LTD /DE/ reported first quarter ended April 30, 2026 results: net income Net income for the first quarter ended April 30, 2026 was $66.5 million, EPS $1.50 per diluted share.

Period: first quarter ended April 30, 2026
Net income: Net income for the first quarter ended April 30, 2026 was $66.5 million
EPS: $1.50 per diluted share
Result: reported results

Exact text from the filing

Net sales for the first quarter ended April 30, 2026 decreased 8% to $536.0 million compared to $583.6 million in the prior year’s quarter.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

G III APPAREL GROUP LTD /DE/ reported first quarter ended April 30, 2026 results: net income Net income for the first quarter ended April 30, 2026 was $66.5 million, EPS $1.50 per diluted share.

Period: first quarter ended April 30, 2026
Net income: Net income for the first quarter ended April 30, 2026 was $66.5 million
EPS: $1.50 per diluted share
Result: reported results

Exact text from the filing

Net income for the first quarter ended April 30, 2026 was $66.5 million, or $1.50 per diluted share, compared to $7.8 million, or $0.17 per diluted share, in the same period last year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

G III APPAREL GROUP LTD /DE/ reported first fiscal quarter ended April 30, 2026 results: revenue Net sales of $536 million, net income Net income of $66.5 million, or $1.50 per diluted share, EPS $1.50 per diluted share.

Period: first fiscal quarter ended April 30, 2026
Revenue: Net sales of $536 million
Net income: Net income of $66.5 million, or $1.50 per diluted share
EPS: $1.50 per diluted share
Result: reported results

Exact text from the filing

L.L.P. Document Exhibit 99.1 G-III APPAREL GROUP, LTD. G-III APPAREL GROUP, LTD. REPORTS FIRST QUARTER FISCAL 2027 RESULTS AND RAISES EARNINGS GUIDANCE ● Net Sales of $536 Million, Ahead of Guidance ● Net Income Per Diluted Share of $1.50 Compared to $0.17 Last Year ● Non-GAAP Net Loss Per Share of ($0.21), Ahead of Guidance ● Raises GAAP and Non-GAAP Net

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Source: SEC EDGAR

accession 0001104659-26-070742

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