How did G-III Apparel's revenue and expenses trend in Q4 2025?

**G-III Apparel's Revenue Trend in Q4 2025**: 1. **Strong Revenue Outperformance**: G-III Apparel Group Ltd. reported a robust fourth quarter in Q4 2025, with net sales increasing by 10% year-over-year, reaching $840 million. This growth was primarily driven by exceptional performance in its wholesale operations, which saw a 9.8% increase in sales, amounting to $799 million. The retail segment also contributed positively, with a 9.8% rise in sales, achieving $56 million. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |GIII|GIII.O|G-III Apparel|20250101-2025|Elimination|-6.9417E7|185| |GIII|GIII.O|G-III Apparel|20250101-2025|Elimination|-5.3509E7|185| |GIII|GIII.O|G-III Apparel|20250101-2025|Elimination|-3.13E7|185| |GIII|GIII.O|G-III Apparel|20250101-2025|Elimination|-1.8547E7|185| 2. **Gross Margin Expansion**: The company's gross margin expanded significantly, reaching 39.5% in Q4 2025, up from 36.9% in the same quarter of the previous year. This expansion was likely a result of improved operational efficiencies and strategic pricing initiatives. 3. **Record Earnings Performance**: G-III surpassed earnings expectations, reporting an earnings per share (EPS) of $1.27, which was a 32% beat over the forecasted $0.96. The company's non-GAAP net income for the quarter was $58 million, resulting in a non-GAAP EPS of $1.27, compared to $36 million and $0.76 in the corresponding quarter of the previous year. **G-III Apparel's Expense Trend in Q4 2025**: 1. **SG&A Expenses Improvement**: The company's selling, general, and administrative (SG&A) expenses improved by 11% year-over-year, amounting to $244.9 million. This increase was managed effectively, as the SG&A expenses increased to 29.2% of net sales, up by 30 basis points year-over-year. 2. **Cash Flow and Liquidity**: G-III ended the quarter with a strong cash position, with cash and cash equivalents totaling $181.4 million. The company also had a healthy current ratio of 2.63, indicating excellent short-term liquidity. In conclusion, G-III Apparel Group Ltd. demonstrated impressive revenue growth and maintained healthy expense management in Q4 2025, contributing to its strong financial performance.