G-III Apparel delivered strong Q3 earnings ahead of guidance, driven by margin expansion and brand strength, even as revenue declined from the prior year. The company also announced its first-ever quarterly dividend.
EPS of $1.84 and adjusted EPS of $1.90 exceeded guidance.
Net income was $80.6 million, down from $114.8 million last year.
Revenue declined to $988.6 million from $1.09 billion a year ago.
Introduced first-ever quarterly dividend of $0.10 per share.
G-III raised full-year EPS guidance due to strong Q3 performance but remains cautious due to macroeconomic uncertainty and tariff pressures.
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