G-III Apparel Group (GIII) Q4 2025 Earnings Call March 13, 2025 03:25 PM ET Company Participants Neal Nackman - CFOMorris Goldfarb - Chairman & CEOMauricio Serna - Executive DirectorDana Telsey - CEO and Chief Research Officer Conference Call Participants Ashley Owens - Vice President & Senior Equity Research Analyst Operator Good day and thank you for standing by. Welcome to the G3 Apparel Group Fourth Quarter and Full Fiscal Year twenty twenty five Earnings Call. At this time, all participants are in a li ...

G-III Apparel Group, Ltd. (NASDAQ:GIII) Q4 2025 Earnings Conference Call March 13, 2025 8:30 AM ET Company Participants Neal Nackman - CFO Morris Goldfarb - Chairman and CEO Conference Call Participants Ashley Owens - KeyBanc Capital Markets Mauricio Serna - UBS Dana Telsey - Telsey Advisory Group Operator Good day, and thank you for standing by. Welcome to the G-III Apparel Group Fourth Quarter and Full Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode. After the spea ...

Financial Performance - Net sales for the fourth quarter of fiscal 2025 increased by 9.8% to $839.5 million compared to $764.8 million in the prior year's fourth quarter[5]. - Net income for the fourth quarter of fiscal 2025 was $48.8 million, or $1.07 per diluted share, compared to $28.9 million, or $0.61 per diluted share, in the prior year's fourth quarter[5]. - Full-year net sales for fiscal 2025 were $3.18 billion, a 2.7% increase from $3.10 billion in the prior year[8]. - Full-year net income for fiscal 2025 was $193.6 million, or $4.20 per diluted share, compared to $176.2 million, or $3.75 per diluted share, in the prior year[8]. - Non-GAAP net income per diluted share for fiscal 2025 was $4.42, up from $4.04 in the prior year[9]. - GAAP net income for Q3 2025 was $48,784,000, compared to $28,854,000 in Q3 2024, representing a 69% increase[26]. - Non-GAAP net income for the year ended January 31, 2025, was $203,637,000, up from $189,799,000 in 2024, reflecting a growth of 7%[27]. - GAAP diluted net income per share for Q3 2025 was $1.07, an increase from $0.61 in Q3 2024, marking a 75% rise[28]. - Non-GAAP diluted net income per share for the year ended January 31, 2025, was $4.42, compared to $4.04 in 2024, indicating a 9% increase[28]. - Adjusted EBITDA for the year ended January 31, 2025, was $325,921,000, compared to $324,115,000 in 2024, showing a slight increase[30]. Future Projections - For fiscal 2026, net sales are expected to be approximately $3.14 billion, down from $3.18 billion in fiscal 2025[13]. - Fiscal 2026 net income is projected to be between $192.0 million and $197.0 million, or diluted earnings per share between $4.15 and $4.25[14]. - Adjusted EBITDA for fiscal 2026 is expected to be between $310.0 million and $315.0 million, compared to $325.9 million in fiscal 2025[15]. - The company forecasts net income for the year ending January 31, 2026, to be between $192,000,000 and $197,000,000[31]. - The company expects adjusted EBITDA for the year ending January 31, 2026, to be between $310,000,000 and $315,000,000[31]. Inventory and Debt Management - Inventories decreased by 8% to $478.1 million compared to $520.4 million last year[10]. - Total debt decreased by 99% to $6.2 million from $417.8 million last year[11]. Special Expenses - Asset impairments for the year ended January 31, 2025, totaled $8,195,000, compared to $6,758,000 in 2024[30]. - One-time warehouse related severance expenses for the year ended January 31, 2025, were $1,908,000[30]. - The company incurred expenses related to the Karl Lagerfeld acquisition amounting to $6,115,000 in 2024[30].

Delivers Record Full Year GAAP and Non-GAAP Earnings Per Diluted Share, Exceeding GuidanceNet Sales of $3.18 Billion for Fiscal 2025 Compared to $3.10 Billion Last YearNet Income Per Diluted Share of $4.20 for Fiscal 2025 Compared to $3.75 Last Year and Non-GAAP Net Income Per Diluted Share of $4.42 for Fiscal 2025 Compared to $4.04 Last YearInventories Decreased 8% Compared to Last YearEnded the Year with Cash and Availability of Over $775 Million NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- G-III Apparel ...

NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NASDAQ: GIII) a global fashion leader with expertise in design, sourcing, and marketing, today announced that it will release its fourth quarter and full year fiscal 2025 earnings before the market opens on Thursday, March 13, 2025. Management will host a conference call to discuss results at 8:30 a.m. ET that same day, followed by a question and answer session for the investment community. To participate via telephone, please register ...

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Core Insights - Donna Karan New York is relaunching its iconic Cashmere Mist Eau de Parfum with a new campaign featuring supermodel Imaan Hammam, aiming to connect with modern women [1][2] - The fragrance, originally launched in 1994, is celebrated for its luxurious feel and timeless appeal, continuing to attract consumers after three decades [2][7] Campaign Details - The campaign is inspired by the original tagline "A fragrance to seduce the senses" and showcases Hammam's elegance in the Stockholm Archipelago, where the original campaign was shot [4][5] - The imagery is shot in black and white, emphasizing the minimalist beauty of both Hammam and the fragrance [5] Fragrance Composition - Cashmere Mist features top notes of Italian Bergamot, Lily of the Valley, and Orchid Flowers, with middle notes of Heliotrope, Moroccan Jasmine, and Ylang Ylang, and base notes including Sandalwood, Amber, Vanilla, Cedarwood, Patchouli, and Suede Accord [6][7] Product Information - The Eau de Parfum is available in three sizes: 3.4oz for $130, 1.7oz for $107, and 1.0oz for $78 [9] Company Background - Inter Parfums, Inc. has been operating in the global fragrance business since 1982, managing a diverse portfolio of prestige brands and distributing products in over 120 countries [11][12] - G-III Apparel Group, Ltd. owns and licenses a portfolio of over 30 brands, including Donna Karan, and is recognized for its expertise in fashion design and marketing [13]

Core Concept - DKNY's Spring 2025 Campaign shifts focus from literature to cinema, featuring Lila Moss as the new global face of the brand, inspired by iconic films shot in New York City [1][2][3] Brand and Campaign Overview - The campaign highlights the vibrant backdrop of New York City, showcasing both the city and Lila Moss as central characters, allowing her to embody various roles [2] - Lila Moss, as a rising star and daughter of Kate Moss, brings a fresh energy and individuality that aligns with DKNY's blend of timeless style and modern relevance [3] - The campaign is shot by Mikael Jansson and features the "DKNY est. 1989" collection, which revisits and reinterprets iconic pieces from the brand's archive in a contemporary manner [4] Marketing Strategy - The Spring 2025 Campaign emphasizes DKNY's commitment to creativity, authenticity, and accessibility, launching globally through a diverse media mix including social, digital, outdoor, and influencer partnerships [5] - The collection is available worldwide on DKNY.com and in select retailers, reinforcing the brand's global presence [6] Company Background - DKNY, founded in 1989, is synonymous with New York, drawing inspiration from the city's energy and attitude, and has evolved into a global lifestyle powerhouse [6] - G-III Apparel Group, the parent company, owns and licenses over 30 brands, including DKNY, and is recognized for its expertise in design, sourcing, and marketing [7]

Core Perspective - Donna Karan New York is enhancing its brand identity by featuring Kate Moss in the Spring 2025 Campaign, emphasizing timelessness and the brand's enduring spirit [1][4]. Campaign Overview - The Spring 2025 Campaign builds on the previous campaigns' legacy, showcasing Kate Moss in a multi-faceted portrayal that reflects her sensuality and strength [2]. - The campaign is photographed by Craig McDean, highlighting the collection in a serene, light-filled environment that embodies warmth and natural elegance [2]. Collection Highlights - The collection features timeless and chic designs, including a black blazer with a halter neckline and a draped ecru dress, allowing wearers to express sexiness, edge, and ease [3]. - Key pieces include a linen suit and slouchy knits with lurex, showcasing a monochromatic palette enhanced by shimmering surface treatments [3]. Marketing Strategy - The campaign launches across all Donna Karan social channels and employs a 360-degree marketing approach in North America, utilizing digital platforms, print placements, and outdoor displays [5]. - The Spring 2025 collection will be available in select retailers and on DonnaKaran.com starting February 6, 2025 [5]. Company Background - G-III Apparel Group, Ltd. is a global leader in fashion, owning and licensing over 30 brands, including Donna Karan, and is known for its expertise in design, sourcing, and marketing [7].

Core Insights - The Spring 2025 Campaign for Donna Karan New York features Kate Moss, emphasizing the brand's iconic timelessness and enduring spirit [1][4] - The campaign builds on previous efforts, showcasing a multi-faceted depiction of Moss that reflects her sensuality and strength, photographed by Craig McDean [2][3] Campaign Details - The campaign launches today across all Donna Karan social channels, utilizing a diversified media mix including digital platforms, print placements, and outdoor displays [5] - The Spring 2025 collection will be available in select retailers in North America starting February 6, 2025, and on DonnaKaran.com [5] Collection Highlights - The collection features timeless and chic designs, including a black blazer with a halter neckline and a draped ecru dress, allowing wearers to embody sexiness and ease [3] - Key pieces include a linen suit and slouchy knits with lurex, showcasing a monochromatic palette elevated with shimmering treatments [3] Company Background - G-III Apparel Group, Ltd. is a global leader in fashion, owning and licensing over 30 brands, including Donna Karan and DKNY [7]