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Jan 31

G-III Apparel Q4 2025 Earnings Report

G-III Apparel reported strong revenue growth and a significant increase in earnings per share for Q4 2025.

Key Takeaways

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.

Revenue increased 9.8% to $839.5 million.

Net income rose to $48.8 million, up from $28.9 million last year.

Diluted EPS surged 75.4% to $1.07.

Inventories decreased by 8%, improving working capital.

Total Revenue
$840M
Previous year: $765M
+9.8%
EPS
$1.27
Previous year: $0.76
+67.1%
Working Capital
$825M
Previous year: $1.17B
-29.3%
Inventories
$478M
Previous year: $520M
-8.1%
Gross Profit
$332M
Previous year: $282M
+17.6%
Cash and Equivalents
$181M
Previous year: $508M
-64.3%
Total Assets
$2.48B
Previous year: $2.68B
-7.4%

G-III Apparel

G-III Apparel

G-III Apparel Revenue by Segment

Forward Guidance

G-III Apparel expects fiscal 2026 revenue of $3.14 billion and EPS between $4.15 and $4.25, slightly below fiscal 2025 figures.

Positive Outlook

  • Projected revenue of $3.14 billion for fiscal 2026.
  • Expected EPS range of $4.15 to $4.25.
  • Non-GAAP EPS expected to be in the same range.
  • Strong performance of owned brands expected to drive growth.
  • Continued focus on margin expansion and operational efficiency.

Challenges Ahead

  • Revenue expected to decline slightly compared to fiscal 2025.
  • Lower projected net income range of $192M to $197M.
  • Transition out of Calvin Klein and Tommy Hilfiger licenses may impact sales.
  • Expected tax rate increase to 28.5%.
  • Projected adjusted EBITDA decline to $310M-$315M from $325.9M.