AI brief of an SEC Form 8-K · G-III Apparel Group (GIII)

G-III Apparel Q3 EPS falls to $2.55 but fiscal 2025 EPS guidance is raised

Mixed Impact 4 of 5 earnings Written later

G-III Apparel reported third-quarter fiscal 2025 net sales of $1.09 billion, up 1.8% from a year earlier, while diluted earnings per share fell to $2.55 from $2.74. The company raised its fiscal 2025 GAAP diluted EPS guidance to $4.08 to $4.18 from $3.94 to $4.04, and total debt fell 52% year over year after it redeemed its senior secured notes.

Key points

  • Q3 net sales of $1.09 billion vs. $1.07 billion a year earlier; net income of $114.8 million vs. $127.6 million
  • Q3 diluted EPS of $2.55 vs. $2.74; non-GAAP diluted EPS of $2.59 vs. $2.78
  • Fiscal 2025 GAAP diluted EPS guidance raised to $4.08 to $4.18 from $3.94 to $4.04; net sales outlook cut to about $3.15 billion from about $3.20 billion
  • Total debt fell 52% to $224.2 million from $461.9 million after a $400.7 million payment in August 2024 to redeem the $400 million notes

The filing

CompanyG-III Apparel Group (GIII)
Form8-K, current report
Filed with the SECDec 10, 2024, 7:30 AM ET
Accession number0001558370-24-016107

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing 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 December 10, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.