G-III Apparel Q2 net sales fell 2% to $644.8 million; EPS rose and guidance was raised
G-III reported second-quarter fiscal 2025 results for the quarter ended July 31, 2024. Net sales fell 2% from a year earlier, while GAAP net income per diluted share rose to $0.53 from $0.35, and the company raised its fiscal 2025 earnings per share outlook to $3.94 to $4.04 while reaffirming its net sales forecast of $3.20 billion. The company also announced a license agreement for the Converse brand, with products expected to launch in Fall 2025.
Key points
- Net sales fell 2% to $644.8 million from $659.8 million in the prior-year second quarter.
- GAAP diluted EPS was $0.53 versus $0.35; non-GAAP diluted EPS was $0.52 versus $0.40.
- Fiscal 2025 GAAP diluted EPS outlook raised to $3.94 to $4.04 from $3.58 to $3.68; net sales outlook unchanged at $3.20 billion.
- Repaid $400 million senior secured notes due August 2025 and repurchased 1.2 million shares for $31.6 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 05, 2024.
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