G-III Apparel Posts 5% Sales Drop in Q2

G-III Apparel Group (NASDAQ:GIII), a fashion company known for its portfolio of owned and licensed brands such as DKNY and Karl Lagerfeld, reported results for the quarter ended July 31, 2025. Released on Sept. 4, 2025, the earnings showed that GAAP net sales and adjusted EPS surpassed the company’s guidance. Revenue reached $613.3 million, outpacing the $570 million target, and adjusted EPS came in at $0.25, topping guidance of $0.02–$0.12. However, both sales and profits fell significantly compared to the same quarter last year. Management’s new outlook signals a challenging period ahead, with a substantial cut in full-year forecasts and profitability under increased pressure. Overall, the quarter demonstrated solid execution against reduced targets, but underscored lingering headwinds in sales, profit margins, and inventory management.Source: G-III Apparel. Note: Fiscal 2026's second quarter ended July 31, 2025. Fiscal 2025's Q2 ended July 31, 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool