G-III Apparel Group Ltd Q2 2026 Earnings Call Transcript

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

Question: Mauricio Serna - UBS AG - Analyst : I wanted to ask if you could provide a little bit more detail on the sales update for the year. Maybe could you give us more -- a bit more detail like how much is that attributed to like much lower revenues from the PVH brands versus your go-forward business, particularly given the comments that you expect the go-forward brands to be up mid-single digit? It's kind of -- I guess, it kind of implies a deceleration versus like the double-digit growth rates you've seen like in previous quarters. Thank you.

Question: Mauricio Serna - UBS AG - Analyst : Got it. Just a quick follow-up on the Q2 results. Maybe could you tell us like how much was the tariff impact that you had on the second quarter? And I guess just like -- is it just like mainly because you were taking product with 145% China tariffs? Just trying to understand like how -- if this like will be actually like probably like relatively -- relative positive in Q2 next year just as you lap this headwind? Thank you.

Question: Mauricio Serna - UBS AG - Analyst : Got it. Understood, understood. Thank you so much.

Question: Dana Telsey - Telsey Advisory Group LLC - Analyst : As you think about the future, which is the future of your own brands, can you expand on the performance of your own brands for the remainder of this year or this quarter -- and this third quarter? And then, Morris, can you talk about the other potential license opportunities? I think Converse gets you into new places, BCBG, with obviously what we have going on now, it's a point in time. But if you think about the go forward, what do you see as the brand opportunities, both for licensing and any changes to your existing expectations? Thank you.

Question: Dana Telsey - Telsey Advisory Group LLC - Analyst : Thank you very much.