---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-015527"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T23:08:30.947987+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# G-III Q2 net sales $659.8M (+9% YoY); non-GAAP EPS $0.40 vs $0.39; raises FY2024 guidance

## Summary
- Net sales $659.8M, up 9% YoY; GAAP net income $16.4M ($0.35 diluted EPS) vs $0.74 last year.
- Non-GAAP diluted EPS $0.40 vs $0.39; raised FY2024 net sales guidance to ~$3.3B, non-GAAP EPS $3.20-3.30.
- New multi-year license with HanesBrands to produce Champion brand outerwear, leveraging G-III's core capabilities.
- Q3 FY2024 guidance: net sales ~$1.13B, non-GAAP EPS $2.03-2.13; cites strong first-half execution.
- FY2023 had $291.5M non-cash goodwill impairment; FY2024 adjusted EBITDA guided $284-289M vs $266.1M prior year.

## SEC filing metadata
- accession: 0001558370-23-015527
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/821002/000155837023015527/0001558370-23-015527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000155837023015527/giii-20230907x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-015527
- JSON: https://secwatch.observer/filing/0001558370-23-015527.json
- Plain text: https://secwatch.observer/filing/0001558370-23-015527.txt

## Key facts
- Earnings Releases
  G III APPAREL GROUP LTD /DE/ reported second fiscal quarter ended July 31, 2023 results: revenue $659.8 million, net income $16.4 million, EPS $0.35 per diluted share. Guidance raised.
  - Period: second fiscal quarter ended July 31, 2023
  - Revenue: $659.8 million
  - Net income: $16.4 million
  - EPS: $0.35 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Net sales for the second quarter ended July 31, 2023 increased 9% to $659.8 million from $605.2 million in the prior year's quarter. The Company reported net income for the second quarter of $16.4 million, or $0.35 per diluted share, compared to $36.3 million, or $0.74 per diluted share, in the prior year's quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821002/000155837023015527/0001558370-23-015527-index.htm

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