07:26 AM EDT, 06/06/2025 (MT Newswires) -- G-III Apparel ( GIII ) reported fiscal Q1 non-GAAP net income Friday of $0.19 per diluted share, up from $0.12 a year earlier.

An analyst polled by FactSet expected $0.13.

Net sales for the quarter ended April 30 were $583.6 million, down from $609.7 million a year earlier.

The analyst surveyed by FactSet expected $583.6 million.

For fiscal Q2, the company said it expects non-GAAP earnings of $0.02 to $0.12 per diluted share on net sales of roughly $570 million.

Analysts polled by FactSet expect non-GAAP earnings of $0.48 per share on sales of $621 million.

For fiscal 2026, the company said it continues to expect net sales of about $3.14 billion.

Three analysts surveyed by FactSet expect $3.12 billion.