G-III Apparel Group Ltd. reported strong first-quarter fiscal 2026 results, exceeding market expectations with a net income per diluted share of 0.17, surpassing last year’s figure of 0.12 and market expectations. Net sales were 583.6 million, slightly above expectations but down 4% year-over-year. The company reaffirmed its net sales guidance for fiscal 2026 at approximately 3.14 billion, anticipating a lower first half but acceleration in the latter half. Strategies to mitigate tariff impacts include diversifying sourcing, vendor discounts, and selective price increases.