Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
NEW YORK -On Thursday, G-III Apparel Group (NASDAQ:GIII) reported fourth-quarter earnings that beat analyst expectations, though its outlook was mixed.
The company’s shares gained 2.13% in premarket trading after the results.
The apparel maker posted adjusted earnings per share of $1.27 for the quarter ended January 31, surpassing the analyst consensus of $0.96. Revenue came in at $839.5 million, also topping estimates of $808.59 million.
For the full fiscal year 2025, G-III reported adjusted EPS of $4.42 on revenue of $3.18 billion.
"Fiscal 2025 was an incredible year, marked by robust top and bottom-line growth," said Morris Goldfarb, G-III’s Chairman and CEO. "We delivered record non-GAAP earnings per diluted share of $4.42, a 9% increase over last year and above our expectations, while also expanding gross margins."
Looking ahead, the company provided a mixed outlook. For the first quarter of fiscal 2026, G-III expects EPS between $0.05 and $0.15 on revenue of approximately $580 million. The EPS guidance straddles the $0.07 analyst estimate, while the revenue projection falls short of the $612.9 million consensus.
For the full fiscal year 2026, the company forecasts EPS of $4.15 to $4.25 on revenue of $3.14 billion. The EPS range is above the $4.10 analyst estimate, but the revenue guidance is below the $3.23 billion consensus.
G-III noted it expects momentum from key owned brands like DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin to continue delivering double-digit sales increases. This growth is anticipated to help offset reduced sales from Calvin Klein and Tommy Hilfiger as the company transitions out of those licenses.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.