Highest-materiality recent filing
G-III Apparel declares $0.10 per share quarterly dividend
Board declared quarterly cash dividend of $0.10 per share on August 18, 2026.
G-III Apparel annual meeting: all directors elected, say-on-pay approved, 2.5M share LTIP increase
All 11 director nominees elected; Victor Herrero received lowest support (26.2M for, 8.5M withheld).
G-III Q1 GAAP EPS $1.50 vs $0.17; raises FY2027 guidance; Marc Jacobs acquisition with WHP Global
Net sales $536M (-8% YoY); GAAP net income $66.5M ($1.50 diluted EPS) vs $7.8M ($0.17).
G-III Apparel declares $0.10 quarterly dividend, payable July 8, 2026
Quarterly dividend of $0.10 per share declared by Board of Directors.
G-III Apparel Group to acquire Marc Jacobs in ~$500M joint venture with WHP Global
G-III invests ~$500M to acquire Marc Jacobs operating business; funds via cash and revolver.
G-III grants PSUs to NEOs tied to 3-year EBIT and ROIC targets
PSU awards to five NEOs: Goldfarb 115,163, Aaron 86,372, J. Goldfarb 33,589, Perlman 15,994, Nackman 7,997.
G-III declares $0.10 quarterly dividend payable March 30, 2026
Quarterly cash dividend of $0.10 per share declared.
G-III Apparel reports FY 2026 EPS $1.51; non-GAAP $2.61; guides FY 2027 net income $88-92M
Net sales $2.96B, down 7% YoY; lost $254M from PVH brands; owned brands up mid-single digits.
G-III Apparel grants $5M RSU to EVP Goldfarb, $2M to CPO Perlman; 5-year cliff vest
Jeffrey Goldfarb (EVP) awarded $5M RSUs, Dana Perlman (CGO) awarded $2M RSUs, cliff vest 100% on Dec 12, 2030.
G-III beats Q3 EPS guidance, initiates $0.10 quarterly dividend; raises FY26 outlook
Q3 GAAP EPS $1.84, non-GAAP EPS $1.90 (both above previous guidance); net sales $988.6M, down 9% YoY.
G-III Q2 net sales $613.3M, EPS $0.25 beat guidance; FY2026 outlook cut on tariff impact
Q2 net sales $613.3M (down 5% YoY); net income $10.9M ($0.25 diluted) vs $24.2M ($0.53) last year.
G-III Apparel holds annual meeting; all proposals approved
Elected 13 director nominees with votes ranging from 30.0M to 34.2M for each.
G-III Q1: EPS $0.17 beats guidance; withdraws FY net income guidance citing $135M tariff cost
Net sales $583.6M (-4% YoY); net income $7.8M ($0.17) vs $5.8M ($0.12); non-GAAP EPS $0.19.
G-III Apparel awards ~295k PSUs to execs; vesting tied to FY2026-2028 EBIT and ROIC
CEO Morris Goldfarb receives 134,680 PSUs; 75% tied to 3-year cumulative Adjusted EBIT, 25% to average ROIC.
G-III Apparel reports record FY2025 non-GAAP EPS $4.42; Q4 sales up 9.8% to $839.5M
Full-year net sales $3.18B (+2.7% YoY); GAAP EPS $4.20, non-GAAP EPS $4.42 (record).
G-III Apparel Q3 EPS $2.55 beats guidance; raises FY25 EPS outlook
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).
GIII beats Q2 expectations; raises FY2025 EPS outlook, Converse license
Q2 net sales $644.8M (-2% YoY); GAAP dil. EPS $0.53 vs $0.35; non-GAAP dil. EPS $0.52 vs $0.40, above guidance.
G-III Apparel say-on-pay fails with 69% against; all director nominees elected
Advisory vote on executive compensation: 12.6M for, 28.1M against, 58,360 abstentions (69% opposed).
G-III Apparel Group enters $700M ABL credit facility, extends maturity to 2029
New $700M senior secured asset-based revolving facility replaces $650M prior agreement.
G-III Apparel Q1 EPS $0.12 beats guidance; raises FY2025 outlook; invests in AWWG
Q1 net sales $609.7M (up from $606.6M YoY); net income $5.8M ($0.12 EPS), above guidance.
G-III awards PSUs to named executives tied to 3-year Adjusted EBIT & ROIC targets
Morris Goldfarb (CEO) awarded 125,000 PSUs; other NEOs receive 93,750, 36,458, and 7,812 PSUs.
Director Alan Feller will not stand for re-election at G-III's June 2024 Annual Meeting
Alan Feller notified the Board on March 28, 2024, that he will not stand for re-election.
G-III Apparel reports FY2024 net income $176.2M ($3.75 EPS); guides FY2025 EPS down to $3.50-$3.60
FY2024 net sales $3.10B (-4% YoY); net income $176.2M ($3.75 diluted EPS) vs. net loss of $(133.1M) last year.
G-III Apparel Q3 EPS $2.74 beats guidance; raises FY2024 outlook; appoints new COO
Q3 net sales $1.07B (-1% YoY); GAAP EPS $2.74 vs $1.26; non-GAAP EPS $2.78 vs $1.35.
G-III Appoints Dana Perlman as Chief Growth and Operations Officer; Renews EVP Goldfarb Contract
Dana Perlman named Chief Growth and Operations Officer effective Jan 8, 2024; base salary $750,000, target bonus up to 2x base.
G-III Apparel stockholders approve 2023 Long-Term Incentive Plan at special meeting
Vote results: 35,620,820 For, 3,902,661 Against, 46,116 Abstentions (86.5% quorum).
G-III Q2 net sales $659.8M (+9% YoY); non-GAAP EPS $0.40 vs $0.39; raises FY2024 guidance
Net sales $659.8M, up 9% YoY; GAAP net income $16.4M ($0.35 diluted EPS) vs $0.74 last year.
New Employment Agreement replaces prior deal; base salary remains $1M/year.
New employment agreement with CEO Morris Goldfarb effective Aug 9, 2023; base salary $1.35M.
G-III board rejects resignations of two directors after majority withheld votes at annual meeting
Directors Thomas J. Brosig and Laura Pomerantz each received more withheld than for votes (47.3% and 48.6% for, respectively).
G-III Apparel Q1 FY2024 beats guidance; raises full-year outlook; signs Halston license
Q1 net sales $606.6M (-11.9% YoY); GAAP EPS $0.07; non-GAAP EPS $0.13 vs $0.72 last year.
G-III Apparel grants 300,963 PSUs to named execs; vesting based on 3-year EBIT and ROIC
PSUs awarded to CEO Morris Goldfarb (156,270), President Sammy Aaron (86,816), EVP Jeffrey Goldfarb (43,408), CFO Neal Nackman (14,469).
G-III Apparel Group amends credit agreement to replace LIBOR with SOFR benchmark
Amendment No. 1 to Second Amended and Restated Credit Agreement effective April 20, 2023.
Net sales $3.23B for FY2023, up 17% YoY; net loss $(133.1)M ($2.79/share) includes $291.5M goodwill impairment.
GAAP net income $61.1M ($1.26/diluted share) vs $106.7M ($2.16) prior year; non-GAAP EPS $1.35 vs $2.18.
G-III Q2 sales up 25% to $605M; GAAP EPS $0.74, non-GAAP $0.39; guides FY23 below prior year
Q2 net sales $605.2M (+25% YoY); GAAP net income $36.3M ($0.74/diluted) vs $19.2M ($0.39) last year.
G-III say-on-pay fails with 32.5M against; three directors who lost majority support remain
Advisory say-on-pay vote received 9.5M for, 32.5M against, 122K abstentions; company will consider results.
G-III Apparel Q1 beats; raises FY2023 guidance to $3.24B sales, $4.23-$4.33 EPS
Q1 net sales $688.8M (+32.5% YoY); GAAP EPS $0.62; non-GAAP EPS $0.72.
G-III completes acquisition of remaining 81% stake in Karl Lagerfeld for €200M cash
Acquired remaining 81% interest in Karl Lagerfeld; total ownership now 100%.
G-III to buy remaining 81% of Karl Lagerfeld for €200M ($210M) cash, becoming sole owner
Acquires remaining 81% stake for €200M ($210M) in cash; expected close in Q2/Q3 of fiscal 2023.
Lisa Wardell (Executive Chairman of Adtalem) and Patti Ongman (former Macy's Chief Merchandising Officer) elected to Board.
CEO and President voluntarily cut FY2022 cash bonuses by 56% and 35%, receive restricted stock
CEO Morris Goldfarb's cash bonus capped at $7.5M (down from $17.2M); receives 415,704 shares with 3-year holding restriction.
G-III awards 270,529 PSUs to top execs; vesting tied to FY23-25 EBIT and ROIC
CEO Morris Goldfarb received 143,221 PSUs; Vice Chairman Sammy Aaron 95,481; EVP Jeffrey Goldfarb 23,870; CFO Neal Nackman 7,957.
G-III Apparel reports record FY2022 EPS of $4.05; guides FY2023 EPS $4.20-$4.30
FY2022 net sales $2.77B (+35% YoY); net income $200.6M ($4.05 diluted EPS) vs $23.5M ($0.48) prior year.
CFO Neal Nackman base salary raised to $750k effective Dec 1, 2021
Compensation Committee approved increase in CFO Neal Nackman's base salary to $750,000 per year.
G-III beats Q3; raises FY22 guidance to highest annual earnings in history
Q3 net sales $1.02B, up 22.8% YoY from $826.6M; diluted EPS $2.16 vs $1.29.
G-III Apparel raises base salary of two top executives to $950K each
Sammy Aaron (President and Vice Chairman) salary increased to $950,000/year, effective Dec 1, 2021.
G-III Apparel beats Q2 estimates; raises FY2022 guidance on strong demand
Q2 net sales $483.1M (+62.5% YoY vs $297.2M); net income $19.2M ($0.39 diluted EPS) vs net loss $15.0M (-$0.31) a year ago.
On March 28, 2024, Alan Feller notified the Board of Directors (the “Board”) of G-III Apparel Group, Ltd. (the “Company”) that he will not stand for re-election at the Company’s Annual Meeting of Stockholders to be held in June 2024.
On December 5, 2023, the Company issued a press release to announce that the Company appointed Ms. Dana Perlman as its Chief Growth and Operations Officer, effective January 8, 2024.
Willem van Bokhorst and Jeanette Nostra-Katz, directors of the Company, have notified the Company that they will not stand for reelection at the Company’s Annual Meeting of Stockholders to be held in June, 2022.
On March 31, 2022, the Board of Directors (the “Board”) of G-III Apparel Group, Ltd. (the “Company”) elected Lisa Warner Wardell and Patti H. Ongman as directors to the Board.
On March 31, 2022, the Board of Directors (the “Board”) of G-III Apparel Group, Ltd. (the “Company”) elected Lisa Warner Wardell and Patti H. Ongman as directors to the Board.
Willem van Bokhorst and Jeanette Nostra-Katz, directors of the Company, have notified the Company that they will not stand for reelection at the Company’s Annual Meeting of Stockholders to be held in June, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings