G-III Q2 net sales $613.3M, EPS $0.25 beat guidance; FY2026 outlook cut on tariff impact

G III APPAREL GROUP LTD /DE/

2025-Q2 EPS reported $0.42 revenue$1,196,875,000

Q2 net sales $613.3M (down 5% YoY); net income $10.9M ($0.25 diluted) vs $24.2M ($0.53) last year.
FY2026 guidance: net sales ~$3.02B, EPS $2.53-$2.73, down from $4.20 in FY2025; cites $155M tariff cost.
Q3 FY2026: net sales ~$1.01B, EPS $1.43-$1.63, down from $2.55 in prior year Q3.
Total debt reduced 96% to $15.5M; share repurchases of $24.6M (1.14M shares) in Q2.
Tariff impact partially offset, unmitigated $75M, weighted to H2.

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