---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-009759"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2022-06-07T23:59:59+00:00"
generated_at: "2026-06-25T04:08:12.215075+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# G-III Apparel Q1 beats; raises FY2023 guidance to $3.24B sales, $4.23-$4.33 EPS

## Summary
- Q1 net sales $688.8M (+32.5% YoY); GAAP EPS $0.62; non-GAAP EPS $0.72.
- Net income $30.6M vs $26.3M last year; non-GAAP net income $35.9M.
- FY2023 guidance raised: net sales ~$3.24B, net income $205M-$215M ($4.23-$4.33 diluted EPS).
- Q2 guidance: net sales ~$600M, EPS $0.42-$0.52; non-GAAP EPS $0.45-$0.55.
- Karl Lagerfeld acquisition contributed ~$140M sales, $0.10 EPS for seven months.

## SEC filing metadata
- accession: 0001558370-22-009759
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2022-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821002/000155837022009759/0001558370-22-009759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000155837022009759/giii-20220607x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-009759
- JSON: https://secwatch.observer/filing/0001558370-22-009759.json
- Plain text: https://secwatch.observer/filing/0001558370-22-009759.txt

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