Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+1.05%
$34.14
57% positive prob.
5-Day Prediction
+3.47%
$34.95
57% positive prob.
20-Day Prediction
+0.93%
$34.09
54% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q1 2026 | HOLD | +1.05% | +3.47% | +0.93% | 13.8% | +4.44% |
| Q4 2025 | SELL | -6.40% | -8.27% | -5.68% | 99.5% | Pending |
| Q3 2025 | BUY | +1.98% | +7.07% | +0.29% | 99.8% | +3.02% |
SEC 8-K filings with transcript text
Jun 5, 2026 · 14% conf.
1D
+1.05%
$34.14
Act: +3.37%
5D
+3.47%
$34.95
Act: +4.44%
20D
+0.93%
$34.09
2 giii-20260605xex99d1.htm
Fulbright & Jaworski L.L.P. Document
Exhibit 99.1
G-III APPAREL GROUP, LTD. REPORTS FIRST QUARTER FISCAL 2027 RESULTS AND RAISES EARNINGS GUIDANCE
●Net Sales of $536 Million, Ahead of Guidance
●Net Income Per Diluted Share of $1.50 Compared to $0.17 Last Year
●Non-GAAP Net Loss Per Share of ($0.21), Ahead of Guidance
●Raises GAAP and Non-GAAP Net Income Guidance for Fiscal 2027
●Marc Jacobs Transaction to Accelerate G-III’s Growth Transformation
New York, New York – June 5, 2026 – G-III Apparel Group, Ltd. (NasdaqGS: GIII) (“G-III” or the “Company”) today reported results for the first quarter of fiscal year 2027, ended April 30, 2026.
Morris Goldfarb, G-III’s Chairman and Chief Executive Officer, said, “I am very pleased with our first quarter results, which demonstrate the G-III team’s ability to execute in a dynamic environment. The quarter was better than expected with both our net sales and earnings coming in ahead of guidance. Our go-forward portfolio saw continued momentum and healthy full-price selling, which contributed to meaningful gross margin expansion versus the prior year. Based on our strong first quarter results, we are raising our earnings guidance for fiscal 2027.”
Mr. Goldfarb continued, “Our recently announced acquisition of the iconic Marc Jacobs brand in partnership with WHP Global marks an exciting new chapter for G-III and will significantly accelerate our transformation into a brand-led global powerhouse. Marc Jacobs is one of the most influential brands in fashion, and we see tremendous opportunity to build on its strong foundation and drive long-term growth across categories, channels, and geographies. With an increasingly powerful portfolio of owned and licensed brands, disciplined execution, and a talented global team, we believe G-III is exceptionally well-positioned to drive sustainable long-term growth and significant shareholder value.”
Results of Operations
First Quarter Fiscal 2027
Net sales for the first quarter ended April 30, 2026 decreased 8% to $536.0 million compared to $583.6 million in the prior year’s quarter.
Gross margin increased 2,270 basis points to 64.9%, compared to 42.2% in the first quarter of last year. This increase includes a $102.7 million pre-tax benefit related to the expected recovery of previously incurred tariffs, imposed under the International Emergency Economic Powers Act (“IEEPA”) on inventory sold in the prior year. Excluding this benefit, adjusted gross margin increased 350 basis points to 45.7% from 42.2%.
Net income for the first quarter ended April 30, 2026 was $66.5 million, or $1.50 per diluted share, compared to $7.8 million, or $0.17 per diluted share, in the same period last year. The current period’s results include a $77.9 million benefit, net of tax, recognized in connection with the expected recovery of previously incurred tariffs under the IEEPA, equivalent to $1.75 per share.
1
Non-GAAP net income (loss) per share for the first quarter ended April 30, 2026 was ($0.21) per share, compared to $0.19 per diluted share, in the same period last year.
Balance Sheet as of First Quarter Fiscal 2027
Cash and cash equivalents were $394.2 million compared to $257.8 million last year.
Inventories decreased 8% to $417.9 million this year compared to $456.5 million last year.
Capital return to shareholders of $4.2 million in dividend payments.
Outlook
The Company today increased its outlook for the fiscal year ending January 31, 2027 and provided its outlook for the second quarter ending July 31, 2026.
The Company’s updated outlook assumes that tariffs for the remainder of the year will approximate those rates that existed under the IEEPA tariff regime. Additionally, the Company’s outlook does not include any impact related to its pending transaction to acquire Marc Jacobs.
Fiscal 2027
Net sales for fiscal 2027 are expected to be approximately $2.71 billion, which incorporates the loss of approximately $470 million of sales from Calvin Klein and Tommy Hilfiger products. This compares to net sales of $2.96 billion for fiscal 2026.
Net income is expected to be between $171.0 million and $175.0 million, or diluted earnings per share between $3.85 and $3.95. This compares to net income of $67.4 million, or $1.51 per diluted share for fiscal 2026.
Non-GAAP net income is expected to be between $95.0 million and $99.0 million, or diluted earnings per share between $2.15 and $2.25. This compares to non-GAAP net income of $116.2 million, or diluted earnings per share of $2.61 for fiscal 2026.
Adjusted EBITDA is expected to be between $178.0 million and $182.0 million compared to adjusted EBITDA of $192.4 million in fiscal 2026.
Net interest income is expected to be approximately $2.0 million.
Tax rate is estimated to be approximately 30.0% for GAAP purposes and 33.5% for
Mar 12, 2026 · 100% conf.
1D
-6.40%
$27.68
Act: +0.73%
5D
-8.27%
$27.12
20D
-5.68%
$27.89
G III APPAREL GROUP LTD /DE/_March 12, 2026 G III APPAREL GROUP LTD /DE/0000821002false00008210022026-03-122026-03-12
PURSUANT TO SECTION 13 OR 15(d) OF THE
Date of Report (Date of earliest event reported): March 12, 2026
(Exact Name of Registrant as Specified in its Charter)
Delaware (State or Other Jurisdiction of Incorporation) 0-18183 (Commission File Number) 41-1590959 (IRS Employer Identification No.)
(Address of principal executive offices)
512 Seventh Avenue New York, New York (Address of Principal Executive Offices) 10018 (Zip Code)
(212) 403-0500 (Registrant’s telephone number, including area code)
Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On March 12, 2026, G-III Apparel Group, Ltd. (the “Company”) announced its results of operations for the fourth fiscal quarter and fiscal year ended January 31, 2026. A copy of the press release issued by the Company relating thereto is furnished herewith as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits. (a)Financial Statements of Businesses Acquired.
None. (b)Pro Forma Financial Information.
None. (c)Shell Company Transactions
None. (d)Exhibits.
99.1 Press release of G-III Apparel Group, Ltd. issued on March 12, 2026 relating to its fourth quarter and fiscal year 2026 results.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Limitation on Incorporation by Reference In accordance with General Instruction B.2 of Form 8-K, the information reported under Item 2.02 and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
-2-
Exhibit No. Description
99.1 Press release of G-III Apparel Group, Ltd. issued on March 12, 2026 relating to its fourth quarter and fiscal year 2026 results.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
-3-
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 12, 2026 By: /s/ Neal S. Nackman
Name: Neal S. Nackman
Title: Chief Financial Officer
-4-
Dec 9, 2025 · 100% conf.
1D
+1.98%
$31.43
Act: +2.21%
5D
+7.07%
$33.00
Act: +3.02%
20D
+0.29%
$30.91
Act: -1.65%
G III APPAREL GROUP LTD /DE/_December 4, 2025 G III APPAREL GROUP LTD /DE/0000821002false00008210022025-12-042025-12-04
PURSUANT TO SECTION 13 OR 15(d) OF THE
Date of Report (Date of earliest event reported): December 9, 2025 (December 4, 2025)
(Exact Name of Registrant as Specified in its Charter)
Delaware (State or Other Jurisdiction of Incorporation) 0-18183 (Commission File Number) 41-1590959 (IRS Employer Identification No.)
(Address of principal executive offices)
512 Seventh Avenue New York, New York (Address of Principal Executive Offices) 10018 (Zip Code)
(212) 403-0500 (Registrant’s telephone number, including area code)
Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On December 9, 2025, G-III Apparel Group, Ltd. (the “Company”) announced its results of operations for the third fiscal quarter ended October 31, 2025. A copy of the press release issued by the Company relating thereto is furnished herewith as Exhibit 99.1. Item 8.01 OTHER EVENTS. On December 4, 2025, the Board of Directors of the Company declared an initial quarterly cash dividend of $0.10 per share in respect of the Company’s common stock (the “Dividend”). The Dividend will be paid on December 29, 2025 to all stockholders of record of issued and outstanding shares of the Company’s common stock as of December 15, 2025. Item 9.01 Financial Statements and Exhibits. (a)Financial Statements of Businesses Acquired.
None. (b)Pro Forma Financial Information.
None. (c)Shell Company Transactions
None. (d)Exhibits.
99.1 Press release of G-III Apparel Group, Ltd. issued on December 9, 2025 relating to its third quarter fiscal 2026 results.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Limitation on Incorporation by Reference In accordance with General Instruction B.2 of Form 8-K, the information reported under Item 2.02 and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
2
Exhibit No. Description
99.1 Press release of G-III Apparel Group, Ltd. issued on December 9, 2025 relating to its third quarter fiscal 2026 results.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 9, 2025 By: /s/ Neal S. Nackman
Name: Neal S. Nackman
Title: Chief Financial Officer
4
This page provides G-III Apparel Group LTD. (GIII) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on GIII's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.