G-III Growth Seen Constrained by PVH Brands Phaseout, Higher Costs, UBS Says

G-III Apparel (GIII) reported Q2 2027 results, with net sales down 10% to $554.1M but gross margin up 440 bps to 45.2%. The company beat earnings estimates and has replaced $700M of lost revenue from exiting Calvin Klein and Tommy Hilfiger licenses. However, full-year sales guidance is down 8% to $2.71B, and Q3 earnings are expected to decline sharply. The Marc Jacobs acquisition is expected to be dilutive in the near term.

G-III Apparel reported Q2 2027 non-GAAP EPS of $0.26, exceeding guidance. The company is transforming its business, having lost $1.2B in revenue from PVH license takebacks but replacing $700M with higher-margin sales. G-III acquired Marc Jacobs, seeing it as a growth opportunity with global appeal. The company also highlighted strong performance from Donna Karan, with sales up 45% in Q2. G-III's balance sheet remains strong with $530M in cash and $1B in liquidity.

G-III Apparel Group (GIII) reported Q2 2026 net sales of $554.1M, down from $613.3M YoY, but net income rose to $20.2M from $10.9M. The company's GF Score is 73/100, with strengths in profitability and valuation but challenges in growth. GIII is trading at $27.63, 2.7% over its GF Value of $26.90. Recent acquisitions, like Marc Jacobs, aim to boost growth.

G-III Apparel Group (GIII) raised its fiscal 2027 earnings outlook after reporting Q2 net income of $20.21M on $554.09M sales and six-month net income of $86.75M on $1.09B sales. The company expects fiscal 2027 diluted EPS of $4.10 to $4.20 and Q3 net income of $59M to $64M on $870M sales, focusing on cost discipline and mix management.

G-III Apparel reported a 9.6% decline in Q2 net sales to $554.1M, with net income falling to $96.6M from $167.8M year-over-year. The drop was driven by lower wholesale and retail volumes, though gross margin expanded to 54.9%. Cash reserves decreased to $236.9M, while inventories were reduced to $555.0M, reflecting tighter management.

G-III Apparel Group reported Q2 2027 earnings, beating estimates due to gross margin expansion and expense management, despite a slight revenue miss. The company completed the Marc Jacobs acquisition, expecting it to drive future growth. Gross margin increased by 440 basis points, and wholesale sales in full-price channels rose by 20%. The Donna Karan brand saw a 45% sales increase. European operations faced challenges due to weather and tourism. Fiscal 2027 guidance was raised, excluding Marc J