07:31 AM EDT, 03/12/2026 (MT Newswires) -- G-III Apparel ( GIII ) reported fiscal Q4 non-GAAP net income Thursday of $0.30 per diluted share, down from $1.27 a year earlier.

Four analysts polled by FactSet expected $0.59.

Net sales for the quarter ended Jan. 31 was $771.5 million, down from $839.5 million a year earlier.

Four analysts surveyed by FactSet expected $792 million.

The company said it expects a fiscal Q1 loss of between $0.40 and $0.30 per share on sales of about $530 million. Analysts surveyed by FactSet expect a loss of $0.04 per share and $525.1 million, respectively.

For fiscal 2027, the company said it expects non-GAAP EPS of $2 to $2.10 on revenue of about $2.71 billion. Four analysts polled by FactSet expect EPS of $2.93 and revenue of $2.71 billion.

The company's shares were down past 10% in Thursday premarket activity.