GIII's Q2 Earnings Beat, FY26 Sales View Trimmed Amid Tariff Headwinds

Key Takeaways G-III Apparel's Q2 sales beat estimates despite a 4.9% year-over-year decline.Gross margin slid 200 bps to 40.8%, with adjusted EBITDA down 46.3% to $23.3 million.FY26 sales view cut to $3.02B, reflecting tariff costs and cautious retailer demand.G-III Apparel Group, Ltd. (GIII) has reported second-quarter fiscal 2026 results, wherein both top and bottom lines beat the Zacks Consensus Estimate. However, the company’s net sales and earnings decreased year over year. The company updated its fisc ...