G-III Apparel Group, Ltd. Reports Third Quarter Fiscal 2026 Results and Updates Fiscal 2026 Outlook; Initiates First Ever Quarterly Dividend Program

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• Looking ahead, we are raising our fiscal 2026 earnings guidance to reflect our third quarter outperformance tempered by the uncertainties around the consumer environment and tariff-related margin pressures

  80% confidence

• Updated guidance for fiscal 2026 reflects the strength of third-quarter earnings outperformance, along with a disciplined view of the current consumer landscape and the expected effects of tariffs on top and bottom lines

  80% confidence

• We delivered a strong third quarter with gross margins and earnings far exceeding our expectations

  80% confidence

• The Company intends to pay dividends quarterly in the future, subject to market conditions and approval by the Board of Directors

  80% confidence

• Our strong financial profile gives us the ability to return capital directly to stockholders including through our newly initiated dividend program, while also continuing to pursue strategic opportunities to drive profitable growth

  80% confidence

• With our powerful brand portfolio and best-in-class operating model, we are well-positioned to achieve our fiscal 2026 outlook

  80% confidence

• Third quarter performance was driven by the strength of our go-forward portfolio, particularly our owned brands, as well as a healthy mix of full-price sales and mitigation efforts against tariffs

  80% confidence

• I am pleased with how our brands are resonating with consumers and encouraged by the solid demand we have seen throughout the holiday season to date

  80% confidence