---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008460"
form_type: "8-K"
ticker: "GIII"
cik: "0000821002"
company_name: "G III APPAREL GROUP LTD /DE/"
filed_at: "2025-06-06T23:59:59+00:00"
generated_at: "2026-05-19T19:11:27.819414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# G-III Q1: EPS $0.17 beats guidance; withdraws FY net income guidance citing $135M tariff cost

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-008460
- form_type: 8-K
- ticker: GIII
- cik: 0000821002
- company_name: G III APPAREL GROUP LTD /DE/
- filed_at: 2025-06-06T23:59:59+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/821002/000155837025008460/0001558370-25-008460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821002/000155837025008460/giii-20250606x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008460
- JSON: https://secwatch.observer/filing/0001558370-25-008460.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008460.txt

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