G III APPAREL GROUP LTD /DE/
For the period ended Jan 31, 2025. Filed Mar 24, 2025.
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FY2025 · Filed Mar 24, 2025
GIII$32.20-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Income (Loss)
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year Ended January 31, | |||||||||
| · 2025 · 2024 · 2023 | |||||||||
| · · (In thousands, except per share amounts) | |||||||||
| Net sales | | $3,180,796 | | $3,098,242 | | $3,226,728 | |||
| Cost of goods sold | | | 1,882,270 | | | 1,856,395 | | | 2,125,591 |
| Gross profit | | | 1,298,526 | | | 1,241,847 | | | 1,101,137 |
| Selling, general and administrative expenses | | | 969,812 | | | 924,223 | | | 833,151 |
| Depreciation and amortization | | | 27,444 | | | 27,523 | | | 27,762 |
| Asset impairments | | | 8,195 | | | 6,758 | | | 349,686 |
| Operating profit (loss) | | | 293,075 | | | 283,343 | | | (109,462) |
| Other income (loss) | | | (4,374) | | | (3,149) | | | 27,894 |
| Interest and financing charges, net | | | (18,842) | | | (39,595) | | | (56,602) |
| Income (loss) before income taxes | | | 269,859 | | | 240,599 | | | (138,170) |
| Income tax expense (benefit) | | | 76,566 | | | 65,859 | | | (3,788) |
| Net income (loss) | | | 193,293 | | | 174,740 | | | (134,382) |
| Less: loss attributable to noncontrolling interests | | | (273) | | | (1,428) | | | (1,321) |
| Net income (loss) attributable to G-III Apparel Group, Ltd. | | $193,566 | | $176,168 | | $(133,061) | |||
| | | | | | | | | | |
| NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO G-III APPAREL GROUP, LTD.: | | | | | | | | | |
| Basic: | | | | | | | | | |
| Net income (loss) per common share | | $4.35 | | $3.84 | | $(2.79) | |||
| Weighted average number of shares outstanding | | | 44,450 | | | 45,859 | | | 47,653 |
| | | | | | | | | | |
| Diluted: | | | | | | | | | |
| Net income (loss) per common share | | $4.20 | | $3.75 | | $(2.79) | |||
| Weighted average number of shares outstanding | | | 46,116 | | | 47,000 | | | 47,653 |
| | | | | | | | | | |
| Net income (loss) | | $193,293 | | $174,740 | | $(134,382) | |||
| Other comprehensive income (loss): | | | | | | | | | |
| Foreign currency translation adjustments | | | (22,350) | | | 8,462 | | | 2,965 |
| Other comprehensive income (loss): | | | (22,350) | | | 8,462 | | | 2,965 |
| Comprehensive income (loss) | | | 170,943 | | | 183,202 | | | (131,417) |
| Comprehensive loss attributable to noncontrolling interests: | | | | | | | | | |
| Net loss | | | (273) | | | (1,428) | | | (1,321) |
| Foreign currency translation adjustments | | | 38 | | | (16) | | | (89) |
| Comprehensive loss attributable to noncontrolling interests | | | (235) | | | (1,444) | | | (1,410) |
| Comprehensive income (loss) attributable to G-III Apparel Group, Ltd. | | $170,708 | | $181,758 | | $(132,827) | |||
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