The earnings call reflected a balanced view, with strong brand performance and financial management being offset by macroeconomic challenges, such as tariffs and supply chain disruptions. The postponement of the Sonia Rykiel brand relaunch and sales decreases were notable challenges, but the company's strategic initiatives and strong financial position provided a positive counterbalance.

Company Guidance

During the G-III Apparel Group's first quarter fiscal 2026 earnings call, the company provided detailed guidance on several financial metrics and strategic initiatives. The earnings per diluted share for the first quarter were $0.19, surpassing the guidance range, with net sales reaching $584 million. The company is actively mitigating the impact of potential $135 million in unmitigated tariffs for fiscal 2026 through sourcing diversification, vendor negotiations, and selective price increases. Despite the macroeconomic challenges, G-III remains optimistic about consumer demand and is reaffirming its fiscal 2026 net sales guidance at approximately $3.14 billion. The second quarter is expected to see net sales of around $570 million, influenced by timing shifts and supply chain disruptions. Furthermore, the company has postponed the launch of Sonia Rykiel due to market uncertainties, while leveraging the strength of its owned brands like DKNY, Karl Lagerfeld, and Donna Karan to drive growth. Inventory levels are managed tightly, with a 5% decrease from the previous year, positioning the company to navigate potential market disruptions effectively.

Earnings Outperformance and Key Brand Growth

G-III Apparel Group delivered solid first-quarter results with earnings exceeding the high end of guidance. This was driven by double-digit growth in key owned brands: DKNY, Karl Lagerfeld, and Donna Karan, mostly offsetting the lost sales from the exited Calvin Klein jeans and sportswear license business.

Significant Inventory Management and Financial Position

The company ended the quarter with inventory down 5% from last year and a net cash position of approximately $239 million. G-III also repurchased 800,000 shares for approximately $20 million, maintaining a strong financial position with approximately $740 million of liquidity.

Successful Brand Campaigns and International Expansion

The Donna Karan brand saw sales grow nearly 50% year-over-year, with strong AURs and sell-throughs. There was also significant international growth, particularly in Europe and the Middle East.

Cost Reduction and Operational Efficiency Initiatives

G-III is realigning its organization to unlock further efficiencies, including exiting four warehouses and reducing staff by over 150 people, as well as investing in systems to increase supply chain transparency.

G-III Apparel Group (GIII) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GIII Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 04, 2025	2026 (Q2)	0.09 / -	0.52	―	―	―
Jun 06, 2025	2026 (Q1)	0.13 / 0.19	0.12	58.33% (+0.07)	―
Mar 13, 2025	2025 (Q4)	0.97 / 1.27	0.76	67.11% (+0.51)	―
Dec 10, 2024	2025 (Q3)	2.28 / 2.59	2.78	-6.83% (-0.19)	―
Sep 05, 2024	2025 (Q2)	0.27 / 0.52	0.4	30.00% (+0.12)	―
Jun 06, 2024	2025 (Q1)	-0.03 / 0.12	0.13	-7.69% (-0.01)	―
Mar 14, 2024	2024 (Q4)	0.68 / 0.76	0.41	85.37% (+0.35)	―
Dec 05, 2023	2024 (Q3)	2.18 / 2.78	1.26	120.63% (+1.52)	―
Sep 07, 2023	2024 (Q2)	0.01 / 0.40	0.74	-45.95% (-0.34)	―
Jun 06, 2023	2024 (Q1)	-0.10 / 0.13	0.62	-79.03% (-0.49)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GIII Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 06, 2025	$27.67	$22.51	-18.65%
Mar 13, 2025	$25.34	$26.10	+3.00%
Dec 10, 2024	$31.58	$34.87	+10.42%
Sep 05, 2024	$25.04	$30.55	+22.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.