G-III Apparel raises profit outlook despite losing Calvin Klein, Tommy Hilfiger lines

G-III Apparel Group reported a second-quarter 2026 revenue of $554.09 million and net income of $20.21 million, with six-month sales reaching $1,090.06 million and net income $86.75 million. The company raised its guidance for the fiscal year ending January 31, 2027, targeting net income of $181–$185 million and diluted EPS of $4.10–$4.20 on net sales around $2.71 billion, reflecting an approximate $460 million sales impact from losing Calvin Klein and Tommy Hilfiger lines. For the third quarter ending October 31, 2026, G-III expects net income of $59–$64 million and EPS of $1.35–$1.45 on net sales near $870 million, versus prior-year quarterly results of $80.6 million GAAP net income and $988.6 million in sales. In one earnings piece, the company posted Q2 EPS of $0.26, beating estimates by $0.03, with revenue of $554.09 million slightly below consensus of $570.37 million. Market coverage notes the stock trading around $32.17 with mixed revisions in the last 90 days, and investor commentary highlights a strong financial health score described as “great performance.” These results illustrate G-III’s ongoing portfolio adjustments as it pursues growth into the next fiscal year despite trasladating licensing losses.