earnings
confidence high
sentiment positive
materiality 0.75
G-III Q1: EPS $0.17 beats guidance; withdraws FY net income guidance citing $135M tariff cost
G III APPAREL GROUP LTD /DE/
2025-Q1 EPS reported
$0.17
revenue$583,609,000
- Net sales $583.6M (-4% YoY); net income $7.8M ($0.17) vs $5.8M ($0.12); non-GAAP EPS $0.19.
- Reaffirms FY26 net sales ~$3.14B but withdraws EPS guidance; expects $135M unmitigated tariff cost.
- Q2 guidance: net sales ~$570M, EPS $0.02-$0.12 vs $0.53 last year.
- Debt reduced 96% to $18.7M; repurchased 807K shares for $19.7M.
- Owned brands DKNY, Karl Lagerfeld, Donna Karan grew double-digits, offsetting Calvin Klein exit.