Alan Feller
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.
Highest-materiality recent filing
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 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 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 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 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 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 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 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 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 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.
Net sales $3.23B for FY2023, up 17% YoY; net loss $(133.1)M ($2.79/share) includes $291.5M goodwill impairment.
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.
Max materiality 0.85 · Median 0.65 · Most common event earnings