G III APPAREL GROUP LTD /DE/ (GIII) Form 10-Q — Jun 8, 2026
G-III Apparel Group reported net income of $66.5 million for the quarter ended April 30, 2026, a significant increase from $7.8 million in the prior year, driven largely by a $102.7 million one-time benefit from expected tariff refunds on previously paid IEEPA duties. Net sales declined 8.2% year-over-year to $536.0 million, reflecting the expiration of key Calvin Klein and Tommy Hilfiger licenses, which were partially offset by growth in owned brands like Donna Karan and new licenses such as French Connection.
Key figures
- Eps
- 1.58
- Revenue
- 535962000
- Net Income
- 66534000
- Total Assets
- 2584985000
- Cash Position
- 394220000
- Shares outstanding
- 42190573
- Revolver availability usd
- 425000000
- Tariff refund benefit usd
- 102700000
- Marc jacobs investment usd
- 500000000
- Tariff refund receivable usd
- 139500000
Price after filing
Close on the filing date to close N calendar days later (from $34.92). Historical, not a forecast.
AI analysis
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