07:52 AM EDT, 06/05/2026 (MT Newswires) -- G-III Apparel Group ( GIII ) reported a fiscal Q1 adjusted loss Friday of $0.21 per diluted share, swinging from a profit of $0.19 a year earlier.

Four analysts surveyed by FactSet expected a loss of $0.30.

Net sales for the quarter ended April 30 was $536 million, compared with $583.6 million a year earlier.

Four analysts surveyed by FactSet expected $529.1 million.

For Q2 the company expects adjusted EPS of $0.15 to $0.25, and net sales of approximately $570 million.

Four analysts surveyed by FactSet expect adjusted EPS of $0.15 and revenue of $557.1 million.

For 2027, the company raised its adjusted EPS guidance to $2.15 to $2.25 from $2.00 to $2.10, and maintained its net sales guidance of approximately $2.71 billion.

Four analysts surveyed by FactSet expect adjusted EPS of $2.09 and revenue of $2.71 billion.

Shares of G-III Apparel Group ( GIII ) were up 7.2% pre-bell.