G-III Apparel Group Reports Strong Fiscal 2025 Results

G-Iii Apparel ( (GIII) ) has released its Q4 earnings. Here is a breakdown of the information G-Iii Apparel presented to its investors.

G-III Apparel Group, Ltd. is a global leader in the fashion industry, specializing in the design, sourcing, and marketing of a diverse portfolio of over 30 brands, including both owned and licensed names such as DKNY, Karl Lagerfeld, and Calvin Klein.

G-III Apparel Group has reported a strong fiscal year 2025, achieving record earnings per diluted share and surpassing its own guidance. The company recorded net sales of $3.18 billion, a slight increase from the previous year, and improved its net income per diluted share to $4.20, up from $3.75 last year.

Key financial highlights include a 9.8% increase in fourth-quarter net sales to $839.5 million and a significant rise in fourth-quarter net income to $48.8 million, or $1.07 per diluted share. The company also successfully reduced its total debt by 99% and ended the year with substantial cash and availability of over $775 million, showcasing a robust financial position.

Looking ahead, G-III Apparel Group anticipates a slight decrease in net sales for fiscal 2026 to approximately $3.14 billion. Despite this, the company remains confident in the continued growth of its key owned brands, which is expected to offset the transition away from certain licensed brands. The management is committed to long-term growth and creating shareholder value through strategic investments and brand momentum.