Tillkännagivande • May 06
G-III Apparel Group, Ltd., Annual General Meeting, Jun 11, 2026 G-III Apparel Group, Ltd., Annual General Meeting, Jun 11, 2026. Location: at the ofices of paul, weiss, rifkind, wharton, 1285 avenue of the americas, 29th floor, new york 10019, new york, United States Tillkännagivande • Mar 13
G-III Apparel Group, Ltd. Declares Quarterly Dividend, Payable on March 30, 2026 G-III Apparel Group, Ltd. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share. The dividend is payable on March 30, 2026 to stockholders of record on March 23, 2026. Tillkännagivande • Mar 12
G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter 2027 and Full Fiscal Year Ending January 31, 2027 G-III Apparel Group, Ltd. provided earnings guidance for the first quarter 2027 and full fiscal year ending January 31, 2027. For the First quarter 2027, the company expects net sales for the first quarter fiscal 2027 are expected to be approximately $530.0 million. This compares to net sales of $583.6 million in last year’s first quarter. Net loss for the first quarter of fiscal 2027 is expected to be between $18.0 million and $13.0 million, or earnings per share between $0.40 and $0.30. This compares to net income of $7.8 million, or $0.17 per diluted share, in last year’s first quarter.
For the year 2027, the company expects net sales for fiscal 2027 are expected to be approximately $2.71 billion, which incorporates the loss of $470 million of sales from Calvin Klein and Tommy Hilfiger products. This compares to net sales of $2.96 billion for fiscal 2026.Net income is expected to be between $88.0 million and $92.0 million, or diluted earnings per share between $2.00 and $2.10. This compares to net income of $67.4 million, or $1.51 per diluted share for fiscal 2026. Tillkännagivande • Mar 05
G-III Apparel Group, Ltd. to Report Q4, 2026 Results on Mar 12, 2026 G-III Apparel Group, Ltd. announced that they will report Q4, 2026 results Pre-Market on Mar 12, 2026 Tillkännagivande • Dec 10
G-III Apparel Group, Ltd. announces Semi-Annual dividend, payable on December 29, 2025 G-III Apparel Group, Ltd. announced Semi-Annual dividend of USD 0.1000 per share payable on December 29, 2025, ex-date on December 15, 2025 and record date on December 15, 2025. Tillkännagivande • Dec 02
G-III Apparel Group, Ltd. to Report Q3, 2026 Results on Dec 09, 2025 G-III Apparel Group, Ltd. announced that they will report Q3, 2026 results Pre-Market on Dec 09, 2025 Tillkännagivande • Sep 04
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Third Quarter Ending October 31, 2025 and Updates Earnings Guidance for the Fiscal Year Ending January 31, 2026 G-III Apparel Group, Ltd. updated earnings guidance for the fiscal year 2026. For the quarter, Net sales for the third quarter of fiscal 2026 are expected to be approximately $1.01 billion. This compares to net sales of $1.09 billion in last year’s third quarter. Net income for the third quarter of fiscal 2026 is expected to be between $62.0 million and $72.0 million, or diluted earnings per share between $1.43 and $1.63. This compares to net income of $114.8 million, or $2.55 per diluted share, in last year’s third quarter.
For the year, Net sales are expected to be approximately $3.02 billion. This compares to net sales of $3.18 billion for fiscal 2025. Net income is expected to be between $112.0 million and $122.0 million, or diluted earnings per share between $2.53 and $2.73. This compares to net income of $193.6 million, or $4.20 per diluted share, for fiscal 2025. Tillkännagivande • Aug 28
G-III Apparel Group, Ltd. to Report Q2, 2026 Results on Sep 04, 2025 G-III Apparel Group, Ltd. announced that they will report Q2, 2026 results Pre-Market on Sep 04, 2025 Tillkännagivande • Jun 06
G-III Apparel Group, Ltd. Reaffirms Its Earnings Guidance for the Second Quarter and Full Year 2026 G-III Apparel Group, Ltd. reaffirmed its earnings guidance for the second quarter and full year 2026. For the second quarter company expects Net sales for the second quarter of fiscal 2026 are expected to be approximately $570.0 million. Net income for the second quarter of fiscal 2026 is expected to be between $1.0 million and $6.0 million, or diluted earnings per share between $0.02 and $0.12. This compares to net income of $24.2 million, or $0.53 per diluted share, in last year’s second quarter.
For the full year company expects Net sales are expected to be approximately $3.14 billion. This compares to net sales of $3.18 billion for fiscal 2025. Tillkännagivande • May 30
G-III Apparel Group, Ltd. to Report Q1, 2026 Results on Jun 06, 2025 G-III Apparel Group, Ltd. announced that they will report Q1, 2026 results Pre-Market on Jun 06, 2025 Tillkännagivande • Mar 13
G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter and Full Fiscal Year Ending January 31, 2026 G-III Apparel Group, Ltd. provided earnings guidance for the first quarter and full fiscal year ending January 31, 2026. For the first quarter, the company expects net sales to be approximately $580.0 million. This compares to net sales of $609.7 million in last year’s first quarter. Net income is expected to be between $2.0 million and $7.0 million, or diluted earnings per share between $0.05 and $0.15. This compares to net income of $5.8 million, or $0.12 per diluted share, in last year’s first quarter.
For the full fiscal year, the company expects net sales to be approximately $3.14 billion. This compares to net sales of $3.18 billion for fiscal 2025. Net income is expected to be between $192.0 million and $197.0 million, or diluted earnings per share between $4.15 and $4.25. This compares to net income of $193.6 million, or $4.20 per diluted share, for fiscal 2025. Tillkännagivande • Mar 06
G-III Apparel Group, Ltd. to Report Q4, 2025 Results on Mar 13, 2025 G-III Apparel Group, Ltd. announced that they will report Q4, 2025 results Pre-Market on Mar 13, 2025 Tillkännagivande • Dec 03
G-III Apparel Group, Ltd. to Report Q3, 2025 Results on Dec 10, 2024 G-III Apparel Group, Ltd. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Dec 10, 2024 Recent Insider Transactions • Sep 27
Chairman & CEO recently sold €4.6m worth of stock On the 26th of September, Morris Goldfarb sold around 167k shares on-market at roughly €27.80 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Morris' only on-market trade for the last 12 months. Reported Earnings • Sep 06
Second quarter 2025 earnings released: EPS: US$0.54 (vs US$0.36 in 2Q 2024) Second quarter 2025 results: EPS: US$0.54 (up from US$0.36 in 2Q 2024). Revenue: US$644.8m (down 2.3% from 2Q 2024). Net income: US$24.2m (up 47% from 2Q 2024). Profit margin: 3.8% (up from 2.5% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • Aug 29
G-III Apparel Group, Ltd. to Report Q2, 2025 Results on Sep 05, 2024 G-III Apparel Group, Ltd. announced that they will report Q2, 2025 results Pre-Market on Sep 05, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €24.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Luxury industry in Europe. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.46 per share. Tillkännagivande • Jun 08
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter of 2025 and Revises Earnings Guidance for the Fiscal Year Ending January 31, 2025 G-III Apparel Group, Ltd. provided earnings guidance for the second quarter of 2025 and revised earnings guidance for the fiscal year ending January 31, 2025. For the second quarter of fiscal 2025, the company expects net sales of approximately $650.0 million compared to $659.8 million in the same period last year. Net income is expected to be in the range of $10.0 million and $15.0 million, or $0.22 and $0.32 per share. This compares to net income of $16.4 million, or $0.35 per diluted share, in last year’s second quarter. For fiscal 2025, the company expects net sales of approximately $3.20 billion and net income between $170.0 million and $175.0 million, or between $3.58 and $3.68 per diluted share. This compares to net sales of $3.10 billion and net income of $176.2 million, or $3.75 per diluted share, for fiscal 2024. Reported Earnings • Jun 07
First quarter 2025 earnings released: EPS: US$0.13 (vs US$0.07 in 1Q 2024) First quarter 2025 results: EPS: US$0.13 (up from US$0.07 in 1Q 2024). Revenue: US$609.7m (flat on 1Q 2024). Net income: US$5.80m (up 79% from 1Q 2024). Profit margin: 1.0% (up from 0.5% in 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Tillkännagivande • May 31
G-III Apparel Group, Ltd. to Report Q1, 2025 Results on Jun 06, 2024 G-III Apparel Group, Ltd. announced that they will report Q1, 2025 results Pre-Market on Jun 06, 2024 Tillkännagivande • May 14
G-III Apparel Group, Ltd., Annual General Meeting, Jun 18, 2024 G-III Apparel Group, Ltd., Annual General Meeting, Jun 18, 2024. Location: norton rose fulbright us llp, 1301 avenue of the americas, 30th floor newyork, 10019., new york United States New Risk • Mar 20
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: US$3.84 (vs US$2.79 loss in FY 2023) Full year 2024 results: EPS: US$3.84 (up from US$2.79 loss in FY 2023). Revenue: US$3.10b (down 4.0% from FY 2023). Net income: US$176.2m (up US$309.2m from FY 2023). Profit margin: 5.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is expected to decline by 6.2% p.a. on average during the next 3 years, while revenues in the Luxury industry in Europe are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 15
G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter and Full Fiscal Year of 2025 G-III Apparel Group, Ltd. provided earnings guidance for the first quarter and full fiscal year of 2025. For the first quarter of fiscal 2025, the Company expects net sales of approximately $615.0 million compared to $606.6 million in the same period last year. Net loss is expected to be in the range of $(5.0) million and break-even, or $(0.10) and $0.00 per share.For fiscal 2025, the Company expects net sales of approximately $3.20 billion and net income between $167.0 million and $172.0 million, or between $3.50 and $3.60 per diluted share. Tillkännagivande • Mar 08
G-III Apparel Group, Ltd. to Report Q4, 2024 Results on Mar 14, 2024 G-III Apparel Group, Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 14, 2024 Recent Insider Transactions • Dec 21
CFO & Treasurer recently sold €1.0m worth of stock On the 15th of December, Neal Nackman sold around 32k shares on-market at roughly €32.34 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Neal's only on-market trade for the last 12 months. Reported Earnings • Dec 06
Third quarter 2024 earnings released: EPS: US$2.79 (vs US$1.29 in 3Q 2023) Third quarter 2024 results: EPS: US$2.79 (up from US$1.29 in 3Q 2023). Revenue: US$1.07b (down 1.0% from 3Q 2023). Net income: US$127.6m (up 109% from 3Q 2023). Profit margin: 12% (up from 5.7% in 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 29
G-III Apparel Group, Ltd. to Report Q3, 2024 Results on Dec 05, 2023 G-III Apparel Group, Ltd. announced that they will report Q3, 2024 results Pre-Market on Dec 05, 2023 New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Significant insider selling over the past 3 months (€474k sold). Recent Insider Transactions • Oct 19
Independent Director recently sold €250k worth of stock On the 16th of October, Laura Pomerantz sold around 11k shares on-market at roughly €22.96 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Recent Insider Transactions • Sep 15
Independent Director recently sold €224k worth of stock On the 11th of September, Alan Feller sold around 10k shares on-market at roughly €22.37 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.8m. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Reported Earnings • Sep 08
Second quarter 2024 earnings released: EPS: US$0.36 (vs US$0.76 in 2Q 2023) Second quarter 2024 results: EPS: US$0.36 (down from US$0.76 in 2Q 2023). Revenue: US$659.8m (up 9.0% from 2Q 2023). Net income: US$16.4m (down 55% from 2Q 2023). Profit margin: 2.5% (down from 6.0% in 2Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 01
G-III Apparel Group, Ltd. to Report Q2, 2024 Results on Sep 07, 2023 G-III Apparel Group, Ltd. announced that they will report Q2, 2024 results Pre-Market on Sep 07, 2023 Buying Opportunity • Jul 24
Now 22% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €23.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Jul 17
Independent Director recently sold €200k worth of stock On the 12th of July, Laura Pomerantz sold around 11k shares on-market at roughly €18.36 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.8m. Insiders have been net sellers, collectively disposing of €840k more than they bought in the last 12 months. Buying Opportunity • Jul 04
Now 24% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be €23.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jul 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €4.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Significant insider selling over the past 3 months (€4.0m sold). Recent Insider Transactions • Jul 02
Vice Chairman & President recently sold €3.8m worth of stock On the 27th of June, Sammy Aaron sold around 209k shares on-market at roughly €18.02 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sammy's only on-market trade for the last 12 months. Tillkännagivande • Jun 09
G-III Apparel Group, Ltd. Announces the Election of Three New Board Members: Dr. Joyce F. Brown, Michael Shaffer and Andrew Yaeger G-III Apparel Group, Ltd. announced that at its Annual Meeting of Stockholders held today, Dr. Joyce F. Brown, President of the Fashion Institute of Technology, Michael Shaffer, recently retired Chief Operating Officer and Chief Financial Officer of PVH Corp. and an external advisor to a number of fashion businesses, and Andrew Yaeger, Global Head of Jefferies’ Strategic Equity Transactions Group were elected to G-III’s Board of Directors. Dr. Brown has been President of Fashion Institute of Technology (FIT) since 1998. She has had over 40 years of experience in public higher education. Before her position at FIT, she held numerous senior administrative posts at City University of New York (CUNY), including Acting President of Bernard Baruch College and Vice Chancellor of the University. She was professor of Counseling Psychology at the Graduate School and University Center of CUNY, where she is currently a professor emerita. Dr. Brown also served as a New York City Deputy Mayor for Public and Community Affairs during the David Dinkins administration. She served on the Board of Directors of Ralph Lauren Corporation from 2001 to 2020. Mr. Shaffer spent over 30 years at PVH Corp. holding numerous positions in its wholesale and retail divisions before retiring in 2021. He was Executive Vice President, Chief Operating and Financial Officer of PVH Corp. from May 2006 until October 2021 where he oversaw the retail division, treasury, corporate finance, information technology and logistics services. He currently serves on the Board of Directors of Torrid Corporation and The Children’s Place Inc. and served on the Board of Directors of Build-A-Bear Workshops from 2014 to 2019. Mr. Yaeger has been the Global Head of Jefferies’ Strategic Equity Transactions Group since mid-2021. From 2004 until 2021, he held various leadership roles within Deutsche Bank, including Global Head of the Strategic Equity Transactions Group. Prior to that position, he held key positions in the Equity Capital Markets group of Deutsche Bank in the U.S., as well as in their Structuring Group that worked across equity, credit, interest rates and foreign currencies. Prior to Deutsche Bank, he worked at Bear Stearns in investment banking and derivatives for five years. With the addition of these three new members, G-III’s Board of Directors which now consists of fourteen members, includes four women and four individuals of diverse backgrounds. In addition, eleven of the fourteen Board members or 79% of the Board of Directors are independent. New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Tillkännagivande • Jun 07
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and the Full Year Ending January 31, 2024 G-III Apparel Group, Ltd. provided earnings guidance for the second quarter of fiscal 2024 and the full year ending January 31, 2024. For the second quarter of fiscal year 2024, the company expects net sales of approximately $595.0 million compared to $605.2 million in the same period last year. The company expects a net loss for the second quarter of fiscal 2024 in the range of $5.0 million and break even or between $0.10 and $0.00 per share. This compares to net income of $36.3 million, or $0.74 per diluted share, in last year’s second quarter.For fiscal 2024, the company expects net sales of approximately $3.29 billion and net income between $125.0 million and $130.0 million, or between $2.65 and $2.75 per diluted share. This compares to net sales of $3.23 billion and a net loss of $(133.1) million, or $(2.79) per share, for fiscal 2023. Reported Earnings • Jun 07
First quarter 2024 earnings released: EPS: US$0.07 (vs US$0.64 in 1Q 2023) First quarter 2024 results: EPS: US$0.07 (down from US$0.64 in 1Q 2023). Revenue: US$606.6m (down 12% from 1Q 2023). Net income: US$3.24m (down 89% from 1Q 2023). Profit margin: 0.5% (down from 4.4% in 1Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 31
G-III Apparel Group, Ltd. to Report Q1, 2024 Results on Jun 06, 2023 G-III Apparel Group, Ltd. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on Jun 06, 2023 Reported Earnings • Mar 17
Full year 2023 earnings released: US$2.79 loss per share (vs US$4.14 profit in FY 2022) Full year 2023 results: US$2.79 loss per share (down from US$4.14 profit in FY 2022). Revenue: US$3.23b (up 17% from FY 2022). Net loss: US$133.1m (down 166% from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorated over the past week After last week's 41% share price decline to €12.10, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 17x in the Luxury industry in Germany. Total loss to shareholders of 55% over the past three years. Reported Earnings • Dec 02
Third quarter 2023 earnings released: EPS: US$1.29 (vs US$2.20 in 3Q 2022) Third quarter 2023 results: EPS: US$1.29 (down from US$2.20 in 3Q 2022). Revenue: US$1.08b (up 6.2% from 3Q 2022). Net income: US$61.1m (down 43% from 3Q 2022). Profit margin: 5.7% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Tillkännagivande • Dec 01
G-III Apparel Group, Ltd. Announces Earnings Guidance for the Year 2023 For fiscal 2023, G-III Apparel Group, Ltd. announced that the Company expects net sales of approximately $3.15 billion and net income between $147 million and $152 million, or between $3.00 and $3.10 per diluted share. This compares to net sales of $2.77 billion and net income of $200.6 million, or $4.05 per diluted share, last year. This guidance is inclusive of approximately $130.0 million in net sales and net income of approximately $0.10 per diluted share in connection with the operations of the Karl Lagerfeld business for the seven months in this fiscal year subsequent to Karl Lagerfeld becoming a wholly-owned subsidiary of the Company. Tillkännagivande • Nov 29
G-III Apparel Group, Ltd. to Report Q3, 2023 Results on Dec 01, 2022 G-III Apparel Group, Ltd. announced that they will report Q3, 2023 results Pre-Market on Dec 01, 2022 Reported Earnings • Sep 08
Second quarter 2023 earnings released: EPS: US$0.76 (vs US$0.40 in 2Q 2022) Second quarter 2023 results: EPS: US$0.76 (up from US$0.40 in 2Q 2022). Revenue: US$605.2m (up 25% from 2Q 2022). Net income: US$36.3m (up 90% from 2Q 2022). Profit margin: 6.0% (up from 4.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Tillkännagivande • Sep 08
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2023 G-III Apparel Group, Ltd. provided earnings guidance for the third quarter and full fiscal year 2023. For the year, the company expects net sales of approximately $3.15 billion and net income of between $182 million and $187 million or between $3.69 and $3.79 per diluted share. This guidance is inclusive of approximately $130 million in net sales and net income of approximately $0.10 per diluted share in connection with the acquisition of the Karl Lagerfeld brand for the 7 months of ownership in this fiscal year.For the third quarter of fiscal year 2023, the company expects net sales of approximately $1.07 billion compared to $1.02 billion in the same period last year. Net income for the third quarter of fiscal 2023 is expected to be in the range of $83 million to $88 million or $1.70 and $1.80 per diluted share. Tillkännagivande • Sep 01
G-III Apparel Group, Ltd. to Report Q2, 2023 Results on Sep 07, 2022 G-III Apparel Group, Ltd. announced that they will report Q2, 2023 results Pre-Market on Sep 07, 2022 Reported Earnings • Jun 09
First quarter 2023 earnings released: EPS: US$0.64 (vs US$0.54 in 1Q 2022) First quarter 2023 results: EPS: US$0.64 (up from US$0.54 in 1Q 2022). Revenue: US$688.8m (up 33% from 1Q 2022). Net income: US$30.6m (up 16% from 1Q 2022). Profit margin: 4.4% (down from 5.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 08
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter and Full Year of 2023 G-III Apparel Group, Ltd. provided earnings guidance for the second quarter and full year of 2023. For the quarter, the company expects net sales of approximately $600.0 million compared to $483.1 million in the same period last year. Net income for the second quarter of fiscal 2023 is expected to be in the range $20.0 million and $25.0 million, or $0.42 and $0.52 per diluted share. This compares to net income of $19.2 million, or $0.39 per diluted share in last year’s second quarter.For the year, the company expected net sales of approximately $3.24 billion and net income between $205.0 million and $215.0 million, or between $4.23 and $4.33 per diluted share. Tillkännagivande • Jun 03
G-III Apparel Group, Ltd. (NasdaqGS:GIII) Completed it's acquisition of the remaining 81% stake in Karl Lagerfeld BV from Amlon Capital BV and others. G-III Apparel Group, Ltd. (NasdaqGS:GIII) agreed to acquire the remaining 81% stake in Karl Lagerfeld BV for €200 million on May 2, 2022. The Transaction is subject to certain adjustments and customary closing conditions. The all-cash transaction has been approved by the board of directors of both companies. The transaction is expected to close in the second or third quarter of fiscal year 2023. The acquisition is expected to be modestly accretive in our fiscal 2023 year ending January 31, 2023, and incrementally more accretive thereafter. Jakob Rendtorff, Alan Klein, Lori Lesser, Andrew Blau, Sara Razi, Preston Miller, Brian Steinhardt, Andrew Purcell and Timothy Mulvihill of Simpson of Thacher & Bartlett LLP, and De Brauw Blackstone Westbroek P.C. acted as legal advisor to G-III Apparel Group, Ltd. (NasdaqGS:GIII). Barclays Capital Inc. acted as financial advisor to G-III Apparel Group, Ltd. (NasdaqGS:GIII).
G-III Apparel Group, Ltd. (NasdaqGS:GIII) Completed it's acquisition of the remaining 81% stake in Karl Lagerfeld BV from Amlon Capital BV and others on June 2, 2022. The transaction was funded by G-III with cash on hand. As a result of the transaction, the Karl Lagerfeld brand is wholly owned by subsidiaries of G-III Apparel Group, Ltd. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 20% share price gain to €23.20, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 19x in the Luxury industry in Europe. Total loss to shareholders of 2.3% over the past three years. Tillkännagivande • Jun 01
G-III Apparel Group, Ltd. to Report Q1, 2023 Results on Jun 07, 2022 G-III Apparel Group, Ltd. announced that they will report Q1, 2023 results Pre-Market on Jun 07, 2022 Tillkännagivande • May 09
G-Iii Apparel Group, Ltd. Announces Director Resignation G-III Apparel Group, Ltd. announced that Jeanette Nostra and Willem van Bokhorst, current directors of the Company, advised that they will not stand for reelection at the Annual Meeting. Tillkännagivande • May 07
G-III Apparel Group, Ltd., Annual General Meeting, Jun 09, 2022 G-III Apparel Group, Ltd., Annual General Meeting, Jun 09, 2022, at 10:00 US Eastern Standard Time. Location: 1301 Avenue of the Americas, 30 Floor New York New York United States Agenda: To consider the election of twelve directors to serve on board of directors for the ensuing year; to consider for an advisory and non-binding vote on the compensation of named executive officers; to approve the amendment to 2015 long-term incentive plan, as amended, to increase the number of shares of common stock authorized for grant; and to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending January 31, 2023. Tillkännagivande • May 03
G-III Apparel Group, Ltd. (NasdaqGS:GIII) agreed to acquire the remaining 81% stake in Karl Lagerfeld BV for €200 million. G-III Apparel Group, Ltd. (NasdaqGS:GIII) agreed to acquire the remaining 81% stake in Karl Lagerfeld BV for €200 million on May 2, 2022. The Transaction is subject to certain adjustments and customary closing conditions. The all-cash transaction has been approved by the board of directors of both companies. The transaction is expected to close in the second or third quarter of fiscal year 2023. Simpson Thacher & Bartlett LLP and De Brauw Blackstone Westbroek P.C. acted as legal advisor to G-III Apparel Group, Ltd. (NasdaqGS:GIII). Barclays Capital Inc. acted as financial advisor to G-III Apparel Group, Ltd. (NasdaqGS:GIII). Tillkännagivande • Apr 01
G-III Apparel Group, Ltd. Announces the Election of Lisa Warner Wardell and Patti H. Ongman to Its Board of Directors G-III Apparel Group, Ltd. announced the election of Ms. Lisa Warner Wardell, Executive Chairman of the Board of Directors of Adtalem Global Education, and Ms. Patti H. Ongman, recently retired Chief Merchandising Officer at Macy’s Inc. and an external advisor to a leading international consulting company. Lisa Wardell currently serves as Executive Chairman of the Board of Directors for Adtalem Global Education. Patti Ongman currently serves as an external advisor to a leading international consulting company, where she provides guidance to their clients on digital and retail projects. Patti is also a member of the New Yorkers for Children Board of Directors where she serves on the Audit Committee. Previously, Patti served as the Chief Merchandising Officer of Macy’s, as well as the Chief Planning Officer, where she led the company’s merchandising function and omni-channel strategy implementation. Patti was the founding executive sponsor of WAM, an employee resource group for Women at Macy’s. G-III also announced that Willem van Bokhorst and Jeanette Nostra-Katz, two long-standing members of G-III’s Board of Directors, have notified the Company that they will not stand for re-election at the Company’s Annual Meeting of Stockholders to be held in June. Recent Insider Transactions • Mar 24
Vice Chairman & President recently sold €3.2m worth of stock On the 23rd of March, Sammy Aaron sold around 119k shares on-market at roughly €26.72 per share. This was the largest sale by an insider in the last 3 months. This was Sammy's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 22% share price gain to €27.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 19x in the Luxury industry in Europe. Total loss to shareholders of 19% over the past three years. Reported Earnings • Mar 18
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: US$4.14 (up from US$0.49 in FY 2021). Revenue: US$2.77b (up 35% from FY 2021). Net income: US$200.6m (up US$177.0m from FY 2021). Profit margin: 7.3% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.7%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Dec 23
Independent Director recently sold €180k worth of stock On the 15th of December, Laura Pomerantz sold around 8k shares on-market at roughly €23.75 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Reported Earnings • Dec 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: US$2.20 (up from US$1.31 in 3Q 2021). Revenue: US$1.02b (up 23% from 3Q 2021). Net income: US$106.7m (up 69% from 3Q 2021). Profit margin: 11% (up from 7.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 4.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. Tillkännagivande • Dec 02
G-III Apparel Group, Ltd. Revises Earnings Guidance for Fiscal Year Ending January 31, 2022 G-III Apparel Group, Ltd. revised earnings guidance for fiscal year ending January 31, 2022. For fiscal year 2022, the Company expects net sales of approximately $2.77 billion and net income between $180.0 million and $190.0 million, or between $3.65 and $3.75 per diluted share. The Company previously forecasted net sales of approximately $2.70 billion and net income between $155.0 million and $165.0 million, or between $3.10 and $3.20 per diluted share. This compares to net sales of $2.06 billion and net income of $23.5 million, or $0.48 per diluted share, last year. Recent Insider Transactions • Sep 30
Independent Director recently sold €128k worth of stock On the 27th of September, Laura Pomerantz sold around 5k shares on-market at roughly €26.40 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.5m more than they bought in the last 12 months. Tillkännagivande • Sep 24
G-III Apparel Group, Ltd. (NasdaqGS:GIII) entered into agreement to acquire Sonia Rykiel Création Paris from Eric and Michael Dayan. G-III Apparel Group, Ltd. (NasdaqGS:GIII) entered into agreement to acquire Sonia Rykiel Création Paris from Eric and Michael Dayan on September 23, 2021. The transaction is expected to close by the end of October 2021. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS US$0.40 (vs US$0.31 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$483.1m (up 63% from 2Q 2021). Net income: US$19.2m (up US$34.1m from 2Q 2021). Profit margin: 4.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 24
Independent Director recently sold €267k worth of stock On the 17th of June, Alan Feller sold around 10k shares on-market at roughly €26.73 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Tillkännagivande • Jun 08
G-III Apparel Group, Ltd. Provides Earnings Guidance for the Second Quarter of Year 2022 and Full Year Ending January 31, 2022 G-III Apparel Group, Ltd. provided earnings guidance for the second quarter of year 2022 and full year ending January 31, 2022. For the second quarter, the company expects net sales of approximately $460 million, which compares to $297.2 million in the same period last year. Net income is expected to be in the range of $0.03 and $0.13 per diluted share.
For the year, the company is forecasting net sales of approximately $2.57 billion which compares to $2.06 billion last year. Net income for fiscal 2022 is expected to be between $125 million and $135 million, or between $2.60 and $2.70 per diluted share. Reported Earnings • Jun 07
First quarter 2022 earnings released: EPS US$0.54 (vs US$0.82 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$519.9m (up 28% from 1Q 2021). Net income: US$26.3m (up US$65.6m from 1Q 2021). Profit margin: 5.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Apr 18
Independent Director recently sold €215k worth of stock On the 12th of April, Thomas Brosig sold around 8k shares on-market at roughly €26.32 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €2.1m more than they bought in the last 12 months. Recent Insider Transactions • Mar 26
COO & Secretary recently sold €1.9m worth of stock On the 22nd of March, Wayne Miller sold around 66k shares on-market at roughly €28.25 per share. This was the largest sale by an insider in the last 3 months. This was Wayne's only on-market trade for the last 12 months. Tillkännagivande • Mar 21
G-III Apparel Group, Ltd. Provides Earnings Guidance for the First Quarter of Fiscal Year 2022, Ending on April 30, 2021 G-III Apparel Group, Ltd. provides earnings guidance for the first quarter of fiscal year 2022, ending on April 30, 2021. For the first quarter of fiscal year 2022, The company expects net sales of approximately $460.0 million, which compares to $405.1 million in the same period last year. GAAP net income for the first quarter of fiscal year 2022, is expected to be in the range of $0.05 and $0.15 per diluted share. This compares to a GAAP net loss of $(0.82) per share in last year’s first quarter, which includes a net loss per share of $(0.33) associated with the Wilsons Leather and G.H. Bass store operations. Reported Earnings • Mar 19
Full year 2021 earnings released: EPS US$0.49 (vs US$2.98 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: US$2.06b (down 35% from FY 2020). Net income: US$23.5m (down 84% from FY 2020). Profit margin: 1.1% (down from 4.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 16
G-III Apparel Group, Ltd. to Report Q4, 2021 Results on Mar 18, 2021 G-III Apparel Group, Ltd. announced that they will report Q4, 2021 results Pre-Market on Mar 18, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: €25.00 The company is up 40% from its price of €17.80 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.15 per share. Is New 90 Day High Low • Feb 10
New 90-day high: €24.00 The company is up 68% from its price of €14.30 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €220 per share. Tillkännagivande • Jan 12
G-III Apparel Reportedly Eyes Stricken Arcadia G-III Apparel Group, Ltd. (NasdaqGS:GIII) has joined three other potential bidders for the remaining brands of insolvent British retail group Arcadia Group Limited, owned by billionaire Philip Green, the Daily Telegraph reported over the weekend quoting City sources. With administrator Deloitte due to shortlist bidders later in January, G-III is reportedly a frontrunner to contend with Arcadia Group Limited as well as boohoo group plc (AIM:BOO)and NEXT plc (LSE:NXT), backed by Davidson Kempner Capital Management LP. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$21.80, the stock is trading at a trailing P/E ratio of 38.2x, up from the previous P/E ratio of 32.8x. This compares to an average P/E of 132x in the Luxury industry in Germany. Total return to shareholders over the past three years is a loss of 34%. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$21.40, the stock is trading at a trailing P/E ratio of 38.1x, up from the previous P/E ratio of 32.9x. This compares to an average P/E of 133x in the Luxury industry in Germany. Total return to shareholders over the past three years is a loss of 36%. Is New 90 Day High Low • Jan 08
New 90-day high: €21.40 The company is up 67% from its price of €12.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €219 per share. Reported Earnings • Dec 09
Third quarter 2021 earnings released: EPS US$1.31 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$826.6m (down 27% from 3Q 2020). Net income: US$63.2m (down 34% from 3Q 2020). Profit margin: 7.6% (down from 8.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Dec 09
Revenue beats expectations Revenue exceeded analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 5.5%, compared to a 11% growth forecast for the Luxury industry in Germany. Is New 90 Day High Low • Dec 08
New 90-day high: €19.90 The company is up 95% from its price of €10.20 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €174 per share.