{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-018289","form_type":"8-K","ticker":"GIII","cik":"0000821002","company_name":"G III APPAREL GROUP LTD /DE/","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.655595+00:00","generated_at":"2026-06-21T11:56:25.842325+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"G-III Q3 net sales $1.08B (+6.2% YoY); EPS $1.26; extends Calvin Klein/Tommy Hilfiger licenses through 2027","bullets":["GAAP net income $61.1M ($1.26/diluted share) vs $106.7M ($2.16) prior year; non-GAAP EPS $1.35 vs $2.18.","Net sales rose 6.2% to $1.08B; one-time supply chain charges of ~$0.40/share weighed on bottom line.","FY 2023 guidance: net sales ~$3.15B, net income $147M-$152M ($3.00-$3.10/sh), adjusted EBITDA $265M-$270M.","Calvin Klein and Tommy Hilfiger licenses extended through Dec 2027 on a staggered basis; PVH intends to produce products itself after expiry, posing material revenue risk."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-018289","json":"https://secwatch.observer/filing/0001558370-22-018289.json","markdown":"https://secwatch.observer/filing/0001558370-22-018289.md","text":"https://secwatch.observer/filing/0001558370-22-018289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821002/000155837022018289/0001558370-22-018289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821002/000155837022018289/giii-20221130x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:56:25.842325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39ef842e4e1559d55a3d3b00e7a360f9969713d7","claim":"G III APPAREL GROUP LTD /DE/ reported fiscal year ending January 31, 2023 results: revenue approximately $3.15 billion, net income between $147 million and $152 million, EPS between $3.00 and $3.10 per diluted share. Guidance lowered.","evidence_excerpt":"For fiscal 2023, the Company expects net sales of approximately $3.15 billion and net income between $147 million and $152 million, or between $3.00 and $3.10 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/821002/000155837022018289/0001558370-22-018289-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ending January 31, 2023"},{"label":"Revenue","value":"approximately $3.15 billion"},{"label":"Net income","value":"between $147 million and $152 million"},{"label":"EPS","value":"between $3.00 and $3.10 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"a0e5894522f8eb3b5256d26def710cda3e24a2eb","claim":"G III APPAREL GROUP LTD /DE/ reported third quarter ended October 31, 2022 results: revenue $1.08 billion, net income $61.1 million, EPS $1.26 per diluted share.","evidence_excerpt":"Net sales for the third quarter ended October 31, 2022 increased 6.2% to $1.08 billion from $1.02 billion in the prior year’s quarter. The Company reported net income for the third quarter of $61.1 million, or $1.26 per diluted share, compared to $106.7 million, or $2.16 per diluted share, in the prior year’s quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/821002/000155837022018289/0001558370-22-018289-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 31, 2022"},{"label":"Revenue","value":"$1.08 billion"},{"label":"Net income","value":"$61.1 million"},{"label":"EPS","value":"$1.26 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}