NASDAQ$GIII

G-III Apparel Group Ltd · Q3 2026 earnings

Q3 2026 earnings · · Before market open · Investor relations

Briefing

G-III Apparel reported its Q3 2026 earnings with EPS and margins exceeding expectations despite a decline in revenue.

G-III Apparel delivered strong Q3 earnings ahead of guidance, driven by margin expansion and brand strength, even as revenue declined from the prior year. The company also announced its first-ever quarterly dividend.

  • EPS of $1.84 and adjusted EPS of $1.90 exceeded guidance.
  • Net income was $80.6 million, down from $114.8 million last year.
  • Revenue declined to $988.6 million from $1.09 billion a year ago.
  • Introduced first-ever quarterly dividend of $0.10 per share.

Headline financials

Total Revenue

$989M

No prior period
EPS (adj)

$1.90

No prior period
Working Capital

$889M

No prior period
Inventories

$547M

No prior period
Total Debt

$10.6M

No prior period
Net Income

$80.6M

No prior period
Operating Income

$112M

No prior period
Gross Profit

$382M

No prior period

Revenue & EPS history

G-III Apparel · Revenue · Quarterly

$989M

Q3 2026
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

G-III raised full-year EPS guidance due to strong Q3 performance but remains cautious due to macroeconomic uncertainty and tariff pressures.

Tailwinds

  • Raised GAAP and non-GAAP EPS guidance for FY26.
  • Strong performance of owned brands contributed to higher margins.
  • Healthy mix of full-price sales supported earnings.
  • Improved net cash position of $173.5 million.
  • Introduced dividend as part of capital return strategy.

Headwinds

  • Revenue outlook for FY26 revised downward to $2.98B.
  • Continued macro uncertainty in the consumer environment.
  • Tariff-related pressure expected to impact margins by $65M.
  • Inventory levels increased year-over-year.
  • Overall net income and revenue down compared to prior year Q3.

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 Q3 2026

Historical avgQ3 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro