G-III Apparel Earnings Reports

G-III Apparel's Q4 2025 revenue increased by 9.8% to $839.5 million, reflecting strong demand and expansion efforts. Net income grew to $48.8 million, with diluted EPS rising 75.4% to $1.07. Non-GAAP EPS reached $1.27, driven by margin expansion and operational efficiency. Inventory management improved, with an 8% reduction in stock levels.

G-III Apparel Group reported a 1.8% increase in net sales to $1.09 billion for the third quarter of fiscal 2025. Net income was $114.8 million, or $2.55 per diluted share, while non-GAAP net income per diluted share was $2.59. The company raised its GAAP and non-GAAP net income per diluted share guidance for fiscal 2025.

G-III Apparel Group reported a decrease in net sales by 2% to $644.8 million compared to $659.8 million in the prior year's second quarter. Net income for the second quarter was $24.2 million, or $0.53 per diluted share, compared to $16.4 million, or $0.35 per diluted share, in the prior year's second quarter. Non-GAAP net income per diluted share was $0.52 for the second quarter compared to $0.40 in the same period last year.

G-III Apparel Group reported first quarter fiscal 2025 results with net sales of $609.7 million compared to $606.6 million last year. Net income was $5.8 million, or $0.12 per diluted share, compared to $3.2 million, or $0.07 per diluted share, in the prior year’s quarter.

G-III Apparel Group reported a decrease in net sales for the fourth quarter ended January 31, 2024, but net income improved compared to the prior year's quarter. The company is optimistic about fiscal year 2025, with new initiatives and continued organic growth of owned brands.

G-III Apparel Group reported strong profitability for the third quarter of fiscal 2024, exceeding earnings per diluted share guidance. Net sales reached $1.07 billion, slightly lower than the previous year. The company raised its full-year earnings per share guidance, reflecting confidence in its ability to navigate market challenges.

G-III Apparel Group reported a strong second quarter, exceeding both top and bottom line guidance. Net sales increased by 9% to $659.8 million, and non-GAAP net income per diluted share was $0.40. The company also raised its guidance for fiscal year 2024 and announced a new multi-year outerwear license for the Champion brand.

G-III Apparel Group reported strong Q1 fiscal 2024 results, exceeding both top and bottom-line guidance. Net sales reached $606.6 million, and non-GAAP net income per diluted share was $0.13. The company also rightsized its inventory and announced a licensing agreement with Xcel Brands for the Halston brand. Raised fiscal year 2024 guidance due to positive results.

G-III Apparel Group reported a 14.2% increase in net sales for the fourth quarter, reaching $854.4 million. However, the company experienced a net loss of $(261.1) million, or $(5.54) per share, primarily due to a $291.5 million non-cash goodwill impairment charge. Non-GAAP net income per diluted share was $0.41, compared to $1.06 in the same period last year. The company announced the re-positioning and expansion of Donna Karan and a new long-term license for Nautica.

G-III Apparel Group reported a 6.2% increase in net sales for the third quarter of fiscal 2023, reaching $1.08 billion. However, net income decreased to $61.1 million, or $1.26 per diluted share, compared to $106.7 million, or $2.16 per diluted share, in the prior year's quarter. Non-GAAP net income per diluted share was $1.35, down from $2.18 in the same period last year, impacted by one-time charges related to higher inventory levels and logistical challenges.

G-III Apparel Group reported a strong second quarter with a 25% increase in net sales compared to the prior year. The company's net income also increased, and they completed the acquisition of the Karl Lagerfeld brand.

G-III Apparel Group reported a strong first quarter for fiscal year 2023, with net sales increasing by 32.5% to $688.8 million compared to $519.9 million in the prior year's quarter. Net income also increased to $30.6 million, or $0.62 per diluted share, compared to $26.3 million, or $0.53 per diluted share, in the prior year's quarter. The company raised its guidance for fiscal year 2023.

G-III Apparel Group reported a strong fourth quarter and full fiscal year 2022. Net sales for the fourth quarter increased by 42% to $748.2 million, and net income per diluted share rose to $0.98 compared to $0.30 in the same quarter last year. The company's strong performance was attributed to capturing market share and working with retail partners despite supply chain challenges.

G-III Apparel Group reported a successful third quarter in fiscal 2022, with net sales increasing by 22.8% to $1.02 billion and net income per diluted share rising to $2.16. The company raised its full year guidance, anticipating the highest annual earnings in its history.

G-III Apparel Group reported a strong second quarter with net sales of $483.1 million, a 62.5% increase from the prior year, and net income of $19.2 million, or $0.39 per diluted share, compared to a net loss of $15.0 million, or $(0.31) per share, in the prior year’s quarter.

G-III Apparel Group reported a strong first quarter for fiscal year 2022, with net sales increasing by 28.3% to $519.9 million compared to $405.1 million in the prior year's quarter. The company's net income for the quarter was $26.3 million, or $0.53 per diluted share, a significant improvement from the net loss of $39.3 million, or $(0.82) per share, in the prior year's quarter.

G-III Apparel Group reported a decrease in net sales for the fourth quarter ended January 31, 2021, to $526.2 million from $754.6 million in the prior year. The company's GAAP net income for the fourth quarter was $14.6 million, or $0.30 per diluted share, compared to $25.3 million, or $0.52 per diluted share, in the fourth quarter last year. The company completed the restructuring of its retail operations segment and has permanently closed the Wilsons Leather and G.H. Bass stores.

G-III Apparel Group reported a decrease in net sales by 26.7% to $826.6 million compared to the same period last year. Net income for the quarter was $63.2 million, or $1.29 per diluted share, compared to $95.4 million, or $1.97 per diluted share, in the prior year’s comparable period.

G-III Apparel Group reported a significant decrease in net sales by 53.8% to $297.2 million for the second quarter of fiscal 2021, compared to $643.9 million in the same period last year. The company experienced a net loss of $15.0 million, or $(0.31) per share, a stark contrast to the net income of $11.1 million, or $0.23 per diluted share, in the prior year's comparable period. The results were impacted by the COVID-19 pandemic and the restructuring of its retail operations, including the closure of Wilsons Leather and G.H. Bass stores.

G-III Apparel Group reported a decrease in net sales by 36.1% to $405.1 million compared to the same period last year. The company experienced a GAAP net loss of $39.3 million, or $(0.82) per share, and a non-GAAP net loss per share of $(0.75). The company is not providing any guidance due to the fluidity of the pandemic.

G-III Apparel Group reported a decrease in net sales for the fourth quarter, but net income per diluted share increased to $0.52 from $0.48 last year, and non-GAAP net income per diluted share increased to $0.75 from $0.55 last year. The company had approximately $800 million of cash and availability under bank facilities at fiscal year end.