G-III Raises Fiscal 2027 EPS Guidance as Donna Karan Sales Jump 45%

Zacks Investment Research··US·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

G-III Apparel Group raised its fiscal 2027 adjusted earnings per share guidance to $2.20-$2.30, citing Donna Karan as one of its most powerful growth opportunities. Donna Karan sales increased more than 45% year over year in the second quarter of fiscal 2027, with digital performance supported by growth in traffic, conversion and average unit retail, and the dress business a standout. Handbags delivered double-digit growth during the quarter, and footwear distribution is expanding this fall through additional doors at Nordstrom, Macy's and Dillard's. Kendall Jenner is the face of Donna Karan's Fall 2026 global campaign, and the brand will participate in Macy's celebration of American fashion with a limited-edition capsule. G-III continues to expect its go-forward portfolio to grow at a high-single-digit rate, excluding Marc Jacobs from the outlook.

Impact on assets 7

Consumer Discretionary▲
G-III Apparel Group Ltd
GIII
▲ PositiveCapitalDemandrelevance

G-III raised its fiscal 2027 adjusted EPS guidance to $2.20-$2.30 on the strength of Donna Karan growth.

Off-coverage companies 1

Nordstrom, Inc.i
Private± Mixedrelevance