G-III Apparel surpassed expectations in Q2 2026, posting solid revenue and earnings, led by strong performance in its core brand portfolio. The company also made significant progress on debt reduction and share repurchases.
Net sales reached $613,266,000, exceeding guidance despite a 5% YoY decline.
Net income was $10,939,000 with diluted EPS of $0.25.
The company repurchased $24.6M worth of shares during the quarter.
Total debt dropped 96% YoY to $15,481,000.
G-III lowered its fiscal 2026 outlook due to macro headwinds and tariff pressures but remains confident in its ability to adapt and invest for long-term growth.
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