Filing Flows › G III Apparel Group (GIII) › Q2 FY27
G III Apparel Group (GIII) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 8, 2026
G III Apparel Group (GIII) reported revenue of $554M for the second quarter fiscal 2027 (Q2 FY27), -10% from a year earlier and +3% from the quarter before. Operating margin was 2.0%, net earnings $20.2M (3.6% of revenue).
G III Apparel Group, Q2 FY27: revenue $554M (-10% year over year), operating margin 2.0%, net earnings $20.2M, operating cash flow $181M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $554M | +3% | -10% |
| Gross profit | $250M | -28% | 0% |
| Operating profit | $10.8M | -87% | -34% |
| Net earnings | $20.2M | -70% | +85% |
| Operating cash flow | $181M | — | +141% |
| Free cash flow | $172M | — | +165% |
What changed
Revenue was $554.1M in Q2 FY27, down 10% year over year and up 3% from the previous quarter.
Gross margin was 45.2%, up 4.3 points from Q2 FY26. Operating profit was $10.8M, a 2.0% margin (down 0.7 points year over year). Operating expenses grew 2% against a revenue fall of 10%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $20.2M, up 85% year over year. The effective tax rate was -43.5%. Non-operating items added $3.3M, 23% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $180.7M (up 141% year over year), 894% of net earnings. Non-cash charges added back $8.2M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $145.5M. Capital expenditures of $9.1M left free cash flow of $171.6M.
Questions
What was G III Apparel Group's revenue in the second quarter fiscal 2027?
G III Apparel Group (GIII) reported revenue of $554M for the second quarter fiscal 2027 (Q2 FY27), -10% from a year earlier and +3% from the quarter before.
Was G III Apparel Group profitable in the second quarter fiscal 2027?
Operating profit was $10.8M (2.0% of revenue) and net earnings $20.2M.