---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-016107"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:23:21.831026+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# G-III Apparel Q3 EPS $2.55 beats guidance; raises FY25 EPS outlook

## Summary
- Q3 net sales $1.09B (+1.8% YoY); GAAP EPS $2.55 (down from $2.74), non-GAAP EPS $2.59 (down from $2.78).
- Raised FY25 GAAP EPS guidance to $4.08-$4.18 (prev $3.94-$4.04); non-GAAP EPS to $4.10-$4.20 (prev $3.95-$4.05).
- Owned brands DKNY, Karl Lagerfeld, Donna Karan, Vilebrequin grew organic sales >30% YoY.
- Inventories down 10% to $532.5M; total debt down 52% to $224.2M after redeeming $400M notes.
- FY25 net sales guidance reduced to ~$3.15B (from ~$3.20B) due to ~$55M brand-launch expenses.

## SEC filing metadata
- accession: 0001558370-24-016107
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821002/000155837024016107/0001558370-24-016107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000155837024016107/giii-20241210x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-016107
- JSON: https://secwatch.observer/filing/0001558370-24-016107.json
- Plain text: https://secwatch.observer/filing/0001558370-24-016107.txt

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