G-III Apparel Group, Ltd. (NASDAQ:GIII) Q2 2025 Earnings Conference Call September 5, 2024 8:30 AM ET

Company Participants

Neal Nackman - Chief Financial Officer
Morris Goldfarb - Chairman and Chief Executive Officer

Conference Call Participants

Paul Kearney - Barclays
Chandana Madaka - KeyBanc Capital Markets
Will Gaertner - Wells Fargo
Mauricio Serna - UBS
Dana Telsey - Telsey Advisory Group

Operator

Good day and thank you for standing by. Welcome to the G-III Apparel Group Second Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Neal Nackman, CFO. Please go ahead.

Neal Nackman

Good morning, and thank you for joining us. Before we begin, I would like to remind participants that certain statements made on today's call and in the Q&A session may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees and actual results may differ materially from those expressed or implied in forward-looking statements.

Important factors that could cause actual results of operations or the financial condition of the company to differ are discussed in the documents filed by the company with the SEC. The company undertakes no duty to update any forward-looking statements.

In addition, during the call, we will refer to non-GAAP, net income, non-GAAP net income per diluted share, and adjusted EBITDA, which are all non-GAAP financial measures. We have provided reconciliations of these non-GAAP financial measures to GAAP measures in our press release, which is also available on our website.

I will now turn the call over to our Chairman and Chief Executive Officer, Morris Goldfarb.

Morris Goldfarb

Thank you, Neal, and thank you everyone for joining us. We're pleased with our second quarter results, which exceeded our bottom line guidance, and we feel confident in our raised outlook as we enter the second-half of the year with momentum.

With our diverse portfolio of more than 30 globally recognized brands, we have long been a partner of choice, because of our best-in-class ability to build businesses at scale. Having the most desirable brands is central to our strategy and over the past year, our plans to better control our destiny with our own powerful brands along with some great new license opportunities are working, creating an incredibly dynamic portfolio for our future.