G-III Apparel Group, Ltd. Reports Second Quarter Fiscal 2026 Results; Provides Updated Fiscal 2026 Outlook
1. G-III reported Q2 fiscal 2026 earnings surpassed forecasts. 2. Net income dropped to $10.9 million from $24.2 million. 3. Guided down fiscal 2026 expected sales amid cautious retail partner outlook. 4. Repurchased $24.6 million worth of shares in Q2. 5. Tariffs expected to impact revenues, with partial mitigations in place.