III (NASDAQ:GIII) Misses Q2 CY2026 Sales Expectations, Stock Drops
G-III (GIII) reported Q2 CY2026 sales of $554.1M, down 9.6% YoY, missing expectations. Next quarter's revenue guidance of $870M was 3.2% below estimates. Non-GAAP EPS of $0.26 beat expectations by 11.4%. The company's 5-year revenue growth averaged 3.9% annually, underperforming the sector. Operating margin was 2%, stable YoY. EPS grew 7% YoY, but long-term EPS declined 4.2% annually. The stock dropped 9.2% post-earnings.




