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.
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.
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.
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 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