G-III Q1 sales fell 4% to $583.6 million, EPS rose to $0.17; profit outlook withdrawn
G-III Apparel Group reported first quarter fiscal 2026 results for the period ended April 30, 2025. Net sales fell 4% to $583.6 million, while diluted earnings per share rose to $0.17 from $0.12. The company withdrew its fiscal 2026 net income, non-GAAP net income and adjusted EBITDA guidance, citing tariff uncertainty, and reaffirmed its net sales outlook.
Key points
- Net sales were $583.6 million, down from $609.7 million a year earlier; net income was $7.8 million, or $0.17 per diluted share, versus $0.12 a year earlier.
- Non-GAAP diluted EPS was $0.19, excluding $1.0 million in one-time severance expenses related to a closed warehouse.
- Fiscal 2026 net income, non-GAAP net income and adjusted EBITDA guidance was withdrawn; net sales guidance of approximately $3.14 billion was reaffirmed.
- The company expects unmitigated tariff costs of approximately $135.0 million, weighted mainly to the second half of the year.
The filing
Written by AI on Nov 8, 2026, 6:58 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 June 06, 2025.
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