G-III Apparel

Q2 FY2027 EarningsQ2 FY27 delivered a significant beat on earnings despite a slight revenue miss, with Non-GAAP EPS of $0.26 exceeding the $0.23 consensus. Revenue of $554.1M was 2.85% below expectations due to the planned phase-out of Calvin Klein and Tommy Hilfiger licenses, yet gross margin surged to 45.2% (vs. 40.8% YoY) driven by a shift toward higher-margin owned brands. Management raised FY27 Non-GAAP EPS guidance to $2.20-$2.30 and completed the strategic acquisition of Marc Jacobs, targeting $1B in long-term annual revenue.