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- Material Weakness (worsened) — Material weakness in KLH ITGCs persists, and KLH's share of net sales increased from 8.2% to 9%.
revenue $554.1M, net income $20.2M. G-III net income jumps 85% on tariff refunds, but operating income falls 34%
Filed September 8, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 5, 2025 · ~1 min read
Key Changes
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high
Net income rose 84.8% to $20.2M, but operating income fell — the bottom-line gain came from a below-the-line swing, driven by an income tax benefit.
MD&A / Key Financials view on EDGAR → -
high
Received in IEEPA tariff refunds, boosting gross margin to 45.2% from 40.8% and lifting cash.
MD&A verify on EDGAR → -
high
Calvin Klein and Tommy Hilfiger license wind-down accelerated — expirations now end Dec 31, 2026 (was 2027); brand sales fell of total.
MD&A verify on EDGAR →
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 8, 2026 · How we verify