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News  ›  GlobeNewswire Inc.

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

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

G-III Apparel Group reported Q3 fiscal 2026 net sales of $988.6 million, slightly down from last year. The company raised earnings guidance, initiated its first quarterly dividend of $0.10 per share, and maintained a strong cash position despite challenging market conditions.

Insights
GIII   positive

Despite a 9% decrease in net sales, the company exceeded earnings expectations, raised fiscal guidance, introduced a dividend program, and maintained a strong cash position with significant debt reduction