Filing Flows › G III Apparel Group (GIII) › Q1 FY27
G III Apparel Group (GIII) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 8, 2026
G III Apparel Group (GIII) reported revenue of $536M for the first quarter fiscal 2027 (Q1 FY27), -8% from a year earlier and -31% from the quarter before. Operating margin was 15.9%, net earnings $66.5M (12.4% of revenue).
G III Apparel Group, Q1 FY27: revenue $536M (-8% year over year), operating margin 15.9%, net earnings $66.5M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $536M | -31% | -8% |
| Gross profit | $348M | +22% | +41% |
| Operating profit | $85.2M | — | +906% |
| Net earnings | $66.5M | — | +758% |
| Operating cash flow | −$2.0M | -101% | -102% |
What changed
Revenue was $536.0M in Q1 FY27, down 8% year over year and down 31% from the previous quarter.
Gross margin was 64.9%, up 22.6 points from Q1 FY26. Operating profit was $85.2M, a 15.9% margin (up 14.5 points year over year). Operating expenses grew 10% against a revenue fall of 8%. The fastest-growing cost line was SG&A (+10%). Net earnings were $66.5M, up 758% year over year. The effective tax rate was 22.3%.
Operating cash flow was −$2.0M. Non-cash charges added back $7.2M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items used $85.5M. Capital expenditures of $8.5M exceeded it, leaving free cash flow of −$10.4M.
Questions
What was G III Apparel Group's revenue in the first quarter fiscal 2027?
G III Apparel Group (GIII) reported revenue of $536M for the first quarter fiscal 2027 (Q1 FY27), -8% from a year earlier and -31% from the quarter before.
Was G III Apparel Group profitable in the first quarter fiscal 2027?
Operating profit was $85.2M (15.9% of revenue) and net earnings $66.5M.