G-III reported second-quarter fiscal 2027 net sales down 10% to $554.1 million, while GAAP diluted earnings per share rose to $0.46 from $0.25, helped by a 440 basis point gain in gross margin. The company said it raised its fiscal 2027 net income guidance excluding Marc Jacobs, which it completed on September 1, 2026, and expects the acquisition to be slightly dilutive in fiscal 2027. Shareholders face a lower sales and earnings outlook than fiscal 2026 on the company's own figures, offset in part by margin gains and the addition of a brand the company targets for $1 billion in long-term annual revenue.
Second-quarter net sales fell 10% to $554.1 million from $613.3 million; gross margin rose to 45.2% from 40.8%.
Second-quarter GAAP diluted EPS was $0.46 vs. $0.25; non-GAAP diluted EPS was $0.26 vs. $0.25.
Fiscal 2027 guidance excluding Marc Jacobs: net sales of about $2.71 billion vs. $2.96 billion in fiscal 2026; non-GAAP diluted EPS of $2.20 to $2.30 vs. $2.61.
Marc Jacobs acquisition closed September 1, 2026; G-III owns 50% of the joint venture that holds the brand's intellectual property with WHP Global.
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From G-III Apparel Group, Ltd.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$2.96B
-7.0%
$1.51
-64.0%
2.3%
FY2025
$3.18B
+2.7%
$4.20
+12.0%
6.1%
FY2024
$3.10B
-4.0%
$3.75
—
5.7%
FY2023
$3.23B
+16.6%
$-2.79
-168.9%
-4.1%
FY2022
$2.77B
+34.6%
$4.05
+743.8%
7.3%
Frequently asked questions
When is G-III Apparel Group's next earnings date?
G-III Apparel Group has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did G-III Apparel Group earn last quarter?
For the quarter ended Jul 2026, G-III Apparel Group reported diluted EPS of $0.46 (+84.0% year over year) on revenue of $554.09M (-9.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.