---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014221"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:47:56.753060+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# G-III Q2 sales up 25% to $605M; GAAP EPS $0.74, non-GAAP $0.39; guides FY23 below prior year

## Summary
- Q2 net sales $605.2M (+25% YoY); GAAP net income $36.3M ($0.74/diluted) vs $19.2M ($0.39) last year.
- Non-GAAP EPS $0.39 vs $0.41; excludes $30.9M gain on Karl Lagerfeld minority stake and $5.7M transaction costs.
- Completed acquisition of remaining 81% of Karl Lagerfeld brand in Q2.
- FY2023 guidance: net sales ~$3.15B, GAAP EPS $3.69-$3.79, non-GAAP EPS $3.60-$3.70 (vs $4.20 non-GAAP last year).
- Q3 FY2023 guidance: net sales ~$1.07B, GAAP EPS $1.70-$1.80 ($2.16 last year).

## SEC filing metadata
- accession: 0001558370-22-014221
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821002/000155837022014221/0001558370-22-014221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000155837022014221/giii-20220907x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014221
- JSON: https://secwatch.observer/filing/0001558370-22-014221.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014221.txt

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