G III APPAREL GROUP LTD /DE/
For the period ended Jan 31, 2026. Filed Mar 24, 2026.
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FY2026 · Filed Mar 24, 2026
GIII$32.20-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year Ended January 31, | |||||||||
| · · 2026 · · 2025 · · 2024 | |||||||||
| · · (In thousands, except per share amounts) | |||||||||
| Net sales | | $2,957,012 | | $3,180,796 | | $3,098,242 | |||
| Cost of goods sold | | | 1,792,983 | | | 1,882,270 | | | 1,856,395 |
| Gross profit | | | 1,164,029 | | | 1,298,526 | | | 1,241,847 |
| Selling, general and administrative expenses | | | 978,462 | | | 969,812 | | | 924,223 |
| Depreciation and amortization | | | 29,016 | | | 27,444 | | | 27,523 |
| Asset impairments | | | 48,565 | | | 8,195 | | | 6,758 |
| Operating profit | | | 107,986 | | | 293,075 | | | 283,343 |
| Other income (loss) | | | 3,191 | | | (4,374) | | | (3,149) |
| Interest and financing charges, net | | | (508) | | | (18,842) | | | (39,595) |
| Income before income taxes | | | 110,669 | | | 269,859 | | | 240,599 |
| Income tax expense | | | 43,316 | | | 76,566 | | | 65,859 |
| Net income | | | 67,353 | | | 193,293 | | | 174,740 |
| Less: loss attributable to noncontrolling interests | | | — | | | (273) | | | (1,428) |
| Net income attributable to G-III Apparel Group, Ltd. | | $67,353 | | $193,566 | | $176,168 | |||
| | | | | | | | | | |
| NET INCOME PER COMMON SHARE ATTRIBUTABLE TO G-III APPAREL GROUP, LTD.: | | | | | | | | | |
| Basic: | | | | | | | | | |
| Net income per common share | | $1.58 | | $4.35 | | $3.84 | |||
| Weighted average number of shares outstanding | | | 42,734 | | | 44,450 | | | 45,859 |
| | | | | | | | | | |
| Diluted: | | | | | | | | | |
| Net income per common share | | $1.51 | | $4.20 | | $3.75 | |||
| Weighted average number of shares outstanding | | | 44,504 | | | 46,116 | | | 47,000 |
| | | | | | | | | | |
| Net income | | $67,353 | | $193,293 | | $174,740 | |||
| Other comprehensive income (loss): | | | | | | | | | |
| Foreign currency translation adjustments | | | 49,439 | | | (22,350) | | | 8,462 |
| Other comprehensive income (loss) | | | 49,439 | | | (22,350) | | | 8,462 |
| Comprehensive income | | | 116,792 | | | 170,943 | | | 183,202 |
| Comprehensive loss attributable to noncontrolling interests: | | | | | | | | | |
| Net loss | | | — | | | (273) | | | (1,428) |
| Foreign currency translation adjustments | | | — | | | 38 | | | (16) |
| Comprehensive loss attributable to noncontrolling interests | | | — | | | (235) | | | (1,444) |
| Comprehensive income attributable to G-III Apparel Group, Ltd. | | $116,792 | | $170,708 | | $181,758 | |||
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