G-III Apparel Q1 Earnings Beat Estimates, Retail Sales Rise Y/Y

Key Takeaways GIII reported Q1 EPS of $0.19, up 58.3% year over year, with net sales down 4.3% to$ 583.6 million. Retail sales rose to $36 million with the gross margin up to 53.5% on merchandising gains and digital growth. Wholesale sales dropped to$ 563 million as product mix offset strength in higher-margin owned brands.G-III Apparel Group, Ltd. (GIII) reported first-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The company’s net sales decreased and ea ...