G-III Apparel Group Ltd Q1 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ashley Owens - KeyBanc Capital Markets - Analyst : Hi, good morning. I guess maybe just starting on the top line. We heard from Macy's already that there's been good of the Donna Karan with price resistance and the expanded distribution of a few other brands and why are holding up nicely as well. Is there anything that maybe came in a little soft from a brand or category and relative to your expectation that was offset by these other brands? And then second, just hoping you guys could speak to the level of comfortability with the order book today and what you're seeing out in the market in terms, but there's been any shift in the past three months at all. Thank you.

Question: Ashley Owens - KeyBanc Capital Markets - Analyst : Great. Thanks so much.

Question: Will Gaertner - Wells Fargo Securities - Analyst : Hey, guys. Thanks for taking my questions. Just wanted to expand on what actually asked. I mean, you guys guided maybe asking it differently. You guys guided 1Q to $615 million, assuming a little light. Can you just talk about what was that in the quarter?

Question: Will Gaertner - Wells Fargo Securities - Analyst : So I'm just on the on the second half guide, it looks like, you know, it's a pretty substantial ramp from where you are in 1H. Just can you frame what's giving you confidence? It sounds like you have some launches in the pipeline, expanding distribution. Just can you sort of frame out what gives you the confidence to hit that sort of mid-single digits when I'm backing into sort of second half.

Question: Will Gaertner - Wells Fargo Securities - Analyst : But just maybe if I could squeeze in one more, just maybe provide a little color on that expansion. I think you mentioned you're expanding to 2,500 more points of distribution. I mean, who are you taking shelf space from what channels or are you are you gaining some shelf space in on? If you could just give some color on that.

Question: Will Gaertner - Wells Fargo Securities - Analyst : Got it. Thank you, I will pass it on.

Question: Mauricio Serna - USB - Analyst : Great. Good morning and thanks for taking my questions. First, I'd like to ask about the new partnership with AWWG. Maybe you could talk a little bit more about, you know, it seems that you're very excited about the opportunity in Europe and in India. And maybe you could remind us like how much like the European business is currently, where do you think it could go with to this partnership? And then just on the gross margin, just wanted to understand like it seems that it was driven by just essentially mix and a lot of the Go Forward. Like could you remind us like how much of a gross margin differential you have between your go-forward brands and the PVH brands or licensing brands? Thank you.

Question: Mauricio Serna - USB - Analyst : Nice, really helpful. And then just a quick follow-up on Donna Karan. It seems about the brand the expansion is really doing very well with your partners of. Do you have I know you talked about not a long-term aspiration for that brand, but any thoughts on how much you think it could contribute to this year's revenues?

Question: Mauricio Serna - USB - Analyst : Great. Thanks, and thanks again for the color and congrats on the results.

Question: Paul Kearney - Barclays - Analyst : Hey, good morning. Thanks for taking my question. Can you talk about the sell-through trends that you're seeing at wholesale? And then secondarily, there are significant number of doors being expanded. Can you talk about how you see that evolving into next year for your brands and of that long-term $5 billion opportunity you cite how much is new door growth? Thank you.

Question: Paul Kearney - Barclays - Analyst : Yes, the only other one was on top of what you're seeing yourself or trends wholesale and kind of how that progress through the quarter? Thanks. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.

Question: Paul Kearney - Barclays - Analyst : Thank you. First luck.

Question: Dana Telsey - Telsey Advisory Group - Analyst : Hi, good morning, everyone. And nice to see the progress as you think of the portfolio. And obviously, you've spoken about Donna Karan, I've seen it in Macy's, right? When you get off the Escalade, a great positioning, whether it's in handbags or apparel. What are you seeing with the rest of the other brands, Moris, whether it's Karl Lagerfeld, Nautica, Houston, how are you seeing those and the progress as we go through the year? And then when you think about today's trend, there does seem newness and innovation driving demand. What are you seeing from your brands? And is that helping you deliver a get a better AUR? Thank you.

Question: Dana Telsey - Telsey Advisory Group - Analyst : Thank you.