G-III Apparel Group, Ltd. · NASDAQ:GIII
G-III Apparel — Q1 FY2026 Earnings Presentation
19 slides from G-III Apparel's earnings presentation, June 2025
Slide 1: Q1 FY26 Investor Presentation
Q1 FY26 Investor Presentation June, 2025
Slide 2: Q1 FY26 Business Update
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Slide 3: Q1 FY26 Overview
Q1 FY26 OVERVIEW • We delivered solid first quarter results with earnings outperformance that exceeded the high end of our guidance. • Our results were driven by double-digit growth of our key owned brands DKNY, Karl Lagerfeld, and Donna Karan, largely offsetting the lost sales of the Calvin Klein j
Slide 4: Q1 FY26 Financial Results
Q1 FY26 FINANCIAL RESULTS Solid First Quarter Results with Earnings Exceeding the High End of Guidance “G-III delivered solid first quarter results, marked by earnings that exceeded the high end of guidance. Our performance was fueled by double-digit growth of our TOTAL SALES WHOLESALE SALES RETAIL
Slide 5: Q1 FY26 P&L Highlights
Q1 FY26 P&L HIGHLIGHTS Solid Operating Results with Sales In-Line with Guidance and Earnings Outperformance, Despite a Challenging Global Environment (Unaudited) Three Months Ended April 30, • Net Sales decreased 4% to $583.6 million ($ in thousands, except for per share data) 2025 2024 compared to
Slide 6: Q1 FY26 Balance Sheet Highlights
Q1 FY26 BALANCE SHEET HIGHLIGHTS Healthy Balance Sheet Provides Flexibility to Invest in Future Growth Opportunities (Unaudited) As of April 30, ($ in thousands) 2025 2024 • Inventory decreased 5% to $456 million at the end of the quarter compared to last Cash & Cash Equivalents $257,785 $508,434 ye
Slide 7: Appendix: Q1 FY26 Brand Highlights
APPENDIX Q1 FY26 Brand Highlights 7
Slide 8: Donna Karan
Q1 FY26 DONNA KARAN • Donna Karan had a stellar first year after relaunching last Spring, with sales growing nearly 50% in the first quarter and AURs and sell-throughs remaining the strongest across our portfolio. • Retailers are dedicating additional floor space with the brand now in over 1,700 dom
Slide 9: DKNY
Q1 FY26 DKNY • DKNY delivered another strong quarter with double digit sales increases, driven by continued momentum in North America. • The brand is gaining market share in North America across key categories including jeans, with sales nearly doubling in the first quarter, and additional outperfor
Slide 10: Karl Lagerfeld
Q1 FY26 KARL LAGERFELD • Karl Lagerfeld delivered another quarter of double-digit growth with North America showing particular strength in sportswear, footwear, dresses, and suits, which collectively grew over 20%. • Internationally, the brand grew mid-single-digits, driven by broad based growth acr
Slide 11: FY25 Results Overview
FY25 Results Overview 11
Slide 12: FY25 Achievements
FY25 ACHIEVEMENTS A Year of Investments to Fuel Future Growth • We powered global growth with total revenue increasing 2.7% to $3.18 billion annual net sales, driven by over 20% growth of our key owned brands DKNY, Karl Lagerfeld, Donna Karan, and Vilebrequin, while expanding gross margin. • We succ
Slide 13: FY25 Financial Highlights
FY25 FINANCIAL HIGHLIGHTS Strong Top-Line Growth and Record Earnings Per Diluted Share TOTAL REVENUE GROSS MARGIN NON-GAAP NET INCOME* $3.18B 40.8% $204M +2.7% YoY vs. $3.10B last year +70 bps YoY vs. 40.1% last year +7.3% YoY vs. $190M last year Led by over 20% growth of our key owned Driven by gre
Slide 14: FY25 Strong Financial Position
FY25 STRONG FINANCIAL POSITION Ample Flexibility to Invest in Future Opportunities to Fuel Growth (Unaudited) As of January 31, $175M $775M+ ($ in thousands) 2025 2024 Net Cash Position Cash & Availability Cash & Cash Equivalents $181,440 $507,829 Long-Term Debt $6,159 $417,833 $400M $60M Net Cash $
Slide 15: Appendix
Appendix 15
Slide 16: Q1 FY26 GAAP to Non-GAAP Reconciliation (Unaudited)
Q1 FY26 GAAP TO NON-GAAP RECONCILIATION (UNAUDITED) ($ in thousands, except per share amounts) ($ in thousands, except per share amounts) 16
Slide 17: FY25 GAAP to Non-GAAP Reconciliation (Unaudited)
FY25 GAAP TO NON-GAAP RECONCILIATION (UNAUDITED) ($ in thousands, except per share amounts) GAAP Net Income to Non-GAAP Net Income For the Year Ended January 31, 2025 Q1 Q2 Q3 Q4 Full Year Net Income $ 5,802 $ 24,212 $ 114,768 $ 48,784 $ 193,566 Asset impairments - - - 8,195 8,195 One-time warehouse
Slide 18: Quote from Morris Goldfarb, Chairman & CEO
“We have grown and evolved significantly over the past 50 years because we lead with an entrepreneurial approach and value relationships. This proven formula will drive G-III as we enter the next phase of our business.” MORRIS GOLDFARB, CHAIRMAN & CEO 18
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