G-Three Apparel Group: Profitable Despite Sales Drop
Update: 2025-12-16
Description
G-Three Apparel Group reported a 9% sales drop in Q3, but beat profit expectations. Despite industry challenges, the companys strong performance was driven by growth in own brands like Donna Karan and Karl Lagerfeld, full-price sales, and inventory management. G-Three lowered revenue guidance but raised adjusted earnings per share guidance, indicating higher profitability. The company plans to include tariff costs in future pricing and expects margins to improve as own brands grow. Future focus areas include the growth of Donna Karan and Karl Lagerfeld, handling tariff pressures, and new licenses and product launches.
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