Record Non-GAAP Earnings
The company achieved record non-GAAP earnings per share of $4.42 in fiscal 2025, an increase of 9% over the previous year.
Successful Brand Launches
Four new brands were launched, contributing significantly to top-line growth. The Donna Karan relaunch exceeded expectations, showing strong profitability.
Strong Performance of Key Owned Brands
Key owned brands like DKNY, Karl Lagerfeld, and Donna Karan grew over 20%, contributing to a 2.7% increase in annual net sales to $3.18 billion.
Improved Gross Margins
Gross margin percentage expanded by approximately 70 basis points to 40.8% for the full fiscal year.
Retail Segment Turnaround
Retail segment losses in North America were cut in half, adding over $15 million to the bottom line.