NASDAQ$GIII

G-III Apparel Group Ltd · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

G-III Apparel reported Q1 2026 earnings with EPS and net income exceeding guidance despite a drop in revenue.

G-III Apparel delivered solid first-quarter results driven by growth in owned brands like DKNY and Karl Lagerfeld, which offset headwinds from exiting Calvin Klein lines. EPS and net income beat expectations, though revenue fell year-over-year.

  • Net income rose to $7.8 million, up from $5.8 million the previous year.
  • EPS reached $0.17, while non-GAAP EPS came in at $0.19.
  • Revenue declined to $583.6 million from $609.7 million year-over-year.
  • Double-digit growth in DKNY, Karl Lagerfeld, and Donna Karan helped offset revenue pressures.

Headline financials

Total Revenue

$584M

No prior period
EPS (adj)

$0.19

No prior period
Working Capital

$818M

No prior period
Inventories

$456M

No prior period
Total Debt

$18.7M

No prior period
Capital Expenditures

-$8.08M

No prior period
Net Income

$7.76M

No prior period
Operating Income

$8.48M

No prior period
Gross Profit

$247M

No prior period
R&D Expense

$0.00

No prior period

Revenue & EPS history

G-III Apparel · Revenue · Quarterly

$584M

Q1 2026
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

G-III reaffirmed full-year sales guidance of $3.14 billion but withdrew profit guidance due to tariff-related uncertainties. Q2 sales are expected to decline due to supply chain disruptions.

Tailwinds

  • Reaffirmed net sales forecast for fiscal 2026 at $3.14 billion.
  • Expected sales acceleration in second half of fiscal 2026.
  • Gross margins projected to remain stable in Q2.
  • Management is executing cost-saving and sourcing diversification initiatives.
  • Strong growth momentum from owned brands expected to continue.

Headwinds

  • Q2 revenue expected to decline from $644.8M to $570M.
  • Tariffs expected to increase costs by $135 million.
  • Profitability guidance withdrawn due to uncertainty.
  • Supply chain challenges impacting Q2 revenue timing.
  • No updated guidance on non-GAAP net income or adjusted EBITDA for FY26.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.0%

Avg return

Earnings day

+3.8%

Avg return

5 days after

+4.4%

Avg return

30 days after

60%

37 / 62 earnings

Positive

+34.7%

Q4 2020

Best reaction

-43.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2025
Q4 2026-11.2%-12.9%+0.0%
Q3 2026+3.7%+5.9%+2.2%
Q2 2026+2.0%-0.8%+1.4%
Q1 2026-18.7%-21.3%-16.0%
Q4 2025+3.0%+3.1%-2.6%
Q4 2024-13.6%-9.8%-10.6%
Q3 2024-2.8%+7.1%+8.4%
Q2 2024+22.5%+26.8%+21.3%
Q1 2024+24.0%+23.2%+15.4%
Q4 2023-2.8%-4.1%+4.9%
Q3 2023-43.7%-42.3%-35.5%
Q2 2023-9.3%-8.7%-20.0%
Q1 2023-5.3%-9.4%-24.5%
Q4 2022+19.4%+13.3%+10.2%
Q3 2022-0.8%-3.1%-6.7%
Q2 2022-1.6%-3.9%-10.5%
Q1 2022+11.1%+10.6%-2.7%
Q4 2021+10.3%-3.7%+1.8%
Q3 2021-1.5%-5.2%+12.9%
Q2 2021+15.9%+17.4%+26.5%
Q1 2021+24.3%+28.7%-3.6%
Q4 2020+34.7%+51.3%+107.6%
Q3 2020+0.1%+1.2%+16.7%
Q2 2020+28.3%+42.4%+30.3%
Q1 2020-13.5%-5.4%+7.1%
Q4 2019+7.4%+8.4%+20.5%
Q3 2019-19.4%-24.9%-28.9%
Q2 2019-0.0%+3.6%-8.7%
Q1 2019+13.3%+14.3%+0.6%
Q4 2018-7.1%-2.4%-6.6%
Q3 2018+16.4%+15.6%+28.1%
Q2 2018+10.3%+5.2%+3.7%
Q1 2018+23.2%+29.9%+16.7%
Q4 2017-12.0%-4.5%+7.7%
Q3 2017+2.0%+9.3%+8.8%
Q2 2017-24.4%-21.3%-31.1%
Q1 2017+4.2%+8.3%+17.8%
Q4 2016-20.6%
Q3 2016+7.8%
Q2 2016+4.7%
Q1 2016+15.4%
Q4 2015-1.8%
Q3 2015+13.9%
Q2 2015+2.9%
Q1 2015+9.0%
Q4 2014-6.5%
Q3 2014+17.2%
Q2 2014+14.9%
Q1 2014+23.0%
Q4 2013-4.1%
Q3 2013+0.1%
Q2 2013+11.0%
Q1 2012+0.5%
Q1 2013+4.7%
Q4 2010+4.7%
Q4 2012+4.7%
Q3 2012+1.7%
Q3 2011+1.7%
Q2 2012-21.2%
Q4 2011-21.2%
Q2 2011-21.2%
Q1 2011-6.7%

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