Financial Data and Key Metrics Changes - Net sales for the third quarter were $989 million, down from $1.09 billion in the same period last year, generally in line with expectations [27] - Non-GAAP earnings per diluted share were $1.90, compared to $2.59 in the previous year, exceeding the midpoint of guidance by $0.37 [6][29] - Gross margins were 38.6%, down from 39.8% in the previous year's third quarter, primarily due to tariffs [28] - The company ended the quarter with a net cash position of $174 million, compared to a net debt position of $119 million in the same period last year [29] Business Line Data and Key Metrics Changes - Wholesale segment net sales were $977 million, down from $1.07 billion last year, mainly due to lower sales from Calvin Klein and Tommy Hilfiger licensed businesses [27] - Retail segment net sales increased to $46 million from $42 million, driven by solid comp sales increases across North American DKNY and Karl Lagerfeld stores [27] - Donna Karan is expected to grow by 40% in fiscal 2026, reflecting strong consumer demand and pricing power [9][56] Market Data and Key Metrics Changes - North America saw double-digit growth compared to last year, while Europe posted high single-digit growth during the Black Friday period [5] - Digital traffic increased over 20% across owned dot-com, leading to substantial growth in conversion rates and overall sales [5][21] - The company experienced robust digital performance across North America and Europe, with nearly 20% growth in digital sales [20][21] Company Strategy and Development Direction - The company is focused on driving both near and long-term growth through brand strength, direct-to-consumer initiatives, international expansion, and category expansion through licensing [7][8] - Strategic investments in technology, infrastructure, and talent are prioritized to enhance business efficiency [7] - The company aims to capture long-term potential of owned brands, which are seen as sustainable drivers of profitability [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage through a dynamic marketplace, despite challenges from tariffs and the exit of PVH licenses [3][4] - The company is taking a prudent approach to its outlook for the remainder of the year, mindful of the global consumer environment [5] - Fiscal 2026 guidance was updated to expect net sales of approximately $2.98 billion and non-GAAP earnings per diluted share of $2.80-$2.90 [26][30] Other Important Information - The company introduced its first-ever dividend program, declaring an initial quarterly cash dividend of $0.10 per share [30] - The gross impact of tariffs is estimated to be approximately $135 million, with an unmitigated impact of about $65 million for fiscal 2026 [31] - The company is redeploying talent and resources to accelerate growth in its go-forward brands as it winds down PVH licenses [23] Q&A Session Summary Question: Can you unpack the gross margin performance? - Management indicated that gross margins were better than expected due to strong full-price selling, despite the impact of tariffs [40][41] Question: What are the preliminary thoughts around the top line or bottom line goals for next year? - Management mentioned that they are exploring various strategic opportunities, including acquisitions and licenses, but are not in a rush [47] Question: How has the order trend been changing for your own brands? - Management noted that demand was significantly higher at the full-price channel, with strong sell-throughs across all brands [75] Question: What are the priority levers to keep momentum for owned brands like Donna Karan? - Management highlighted the importance of repeat customers and expanding distribution in premium department stores as key growth drivers [56][80]

G-III Apparel Group (NasdaqGS:GIII) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Speaker1Ladies and gentlemen, thank you for standing by. Welcome to G-III Apparel Group Third Quarter Fiscal 2026 earnings call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. ...

G-III Apparel Group (GIII) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $2.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.75%. A quarter ago, it was expected that this clothing and accessories maker would post earnings of $0.1 per share when it actually produced earnings of $0.25, delivering a surprise of +150%.Over the last fou ...

G-III APPAREL GROUP, LTD. G-III APPAREL GROUP, LTD. REPORTS THIRD QUARTER FISCAL 2026 RESULTS AND UPDATES FISCAL 2026 OUTLOOK; INITIATES FIRST EVER QUARTERLY DIVIDEND PROGRAM New York, New York – December 9, 2025 – G-III Apparel Group, Ltd. (NasdaqGS: GIII) ("G-III" or the "Company") today reported results for the third quarter of fiscal 2026, ended October 31, 2025 and announces approval of a quarterly dividend. Morris Goldfarb, G-III's Chairman and Chief Executive Officer, said, "We delivered a strong thi ...

Net Income Per Diluted Share of $1.84 and Non-GAAP Net Income Per Diluted Share of $1.90 for the Third Quarter, Both Exceeding GuidanceNet Sales of $988.6 Million for the Third QuarterRaises GAAP and Non-GAAP Net Income Per Diluted Share GuidanceMaintains Strong Cash and Availability PositionIntroduces First Ever Quarterly Dividend of $0.10 Per Share NEW YORK, Dec. 09, 2025 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NasdaqGS: GIII) (“G-III” or the “Company”) today reported results for the third quarter ...

Key Takeaways RL is evolving its growth strategy with strong global demand, digital gains and strength in key categories.GIII refocuses on owned brands as it exits major licenses and navigates tariff and demand pressures.RL shows broader strength with double-digit gains, while GIII's FY26 outlook reflects a cautious transition.Ralph Lauren Corporation (RL) and G-III Apparel Group, Ltd. (GIII) stand on opposite ends of the fashion spectrum, one a global luxury lifestyle powerhouse with under 2% share of a ma ...

Core Viewpoint - G-III Apparel Group, Ltd. is set to release its third quarter fiscal 2026 earnings on December 9, 2025, with a conference call scheduled for 8:30 a.m. ET to discuss the results [1]. Company Overview - G-III Apparel Group, Ltd. is a global fashion leader specializing in design, sourcing, distribution, and marketing, owning and licensing over 30 prominent brands [3]. - The company owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin, and licenses more than 20 sought-after names in global fashion, such as Calvin Klein, Tommy Hilfiger, and Levi's [3]. Conference Call Details - Participants can register in advance for the conference call via a provided link, receiving a confirmation email with dial-in details [2]. - The call will also be accessible through a live audio webcast, with a replay available on the company's Investor Relations website [2].

Core Insights - ReGen III Corp. has received settlement and exchange agreements totaling $3.975 million related to its Convertible Debenture Exchange, indicating strong support from debenture holders [1][2] - The company aims to commercialize sustainable, re-refined Group III base oils, with a nearly 100% agreement from debenture holders reflecting confidence in its strategic direction [2][4] Financial Developments - The company has successfully secured Sub-Agreements from over 97% of debenture holders, which strengthens its financial position [2] - The CD Exchange is expected to close immediately following final approval from the TSX Venture Exchange [2] Business Strategy - ReGen III is focused on transforming used motor oil into high-value Group II and III base oils, which are essential for high-performance engines and industrial applications [4] - The company’s patented ReGen™ technology is designed to reduce CO₂e emissions by up to 82% compared to virgin crude derived oils [4] Operational Updates - The company has completed FEL2 and value engineering for its proposed 5,600 bpd flagship facility in Texas City, Texas, positioning itself to meet rising demand for higher-quality, circular base oils [5] - ReGen III is exploring opportunities to deploy its technology in other strategic markets beyond Texas City [5] Vision and Market Position - The company aims to become the world's largest producer of sustainable, re-refined Group III base oils, setting a new standard for performance and responsibility in the lubricants market [6]

Core Insights - Small-cap stocks present lucrative investment opportunities due to frequent mispricings resulting from limited analyst coverage [1] - The article highlights one small-cap stock to watch and two that are recommended for sale [2] Group 1: Stocks to Sell - G-III (GIII) has a market cap of $1.16 billion and is a fashion and apparel conglomerate with declining annual revenue of 1.2% over the last two years, indicating market positioning issues [3][4] - Korn Ferry (KFY) has a market cap of $3.40 billion and serves major clients including 97% of the S&P 100, but trades at a forward P/E of 12.4x, suggesting potential overvaluation [5][7] Group 2: Stock to Watch - Origin Bancorp (OBK) has a market cap of $1.09 billion and provides personalized banking services across Texas, Louisiana, and Mississippi [8] - OBK has shown impressive annual net interest income growth of 11.8% over the last five years, indicating market share gains [11] - Forecasts suggest operating profits for OBK will increase as it scales, with earnings per share having grown by 19.7% annually, outpacing revenue growth [11]

Core Insights - ReGen III Corp. has appointed Kirk McNamara as Chief Commercial Officer, who has been pivotal in driving the company's initiatives since joining as a consultant in March 2025 [1][2] - The company aims to become the world's largest producer of sustainable, re-refined Group III base oils, leveraging its patented ReGen™ technology to transform used motor oil into high-quality base oils [3][5] - ReGen III's process is designed to deliver up to 82% lower CO₂e emissions compared to virgin crude derived oils, aligning with the growing global demand for sustainable solutions [3][4] Company Developments - Kirk McNamara has been granted 625,000 stock options at a price of $0.19 per option, valid for five years, with performance milestones required for exercisability [3][8] - The company has completed FEL2 and value engineering for its flagship facility in Texas City, Texas, which is designed to produce 5,600 barrels per day (bpd) of high-quality, circular base oils [4] - ReGen III is exploring opportunities to deploy its patented technology in other strategic markets beyond Texas City [4] Market Positioning - The company is positioned to meet the rising demand for higher quality, circular base oils, aiming to set a new standard for performance and responsibility in the global lubricants market [5]