Strong Third Quarter Results
Earnings exceeded expectations, driven by over 30% growth in key owned brands (DKNY, Karl Lagerfeld, Donna Karan, Vilebrequin).
Raised Earnings Guidance
Raised earnings per diluted share guidance to a range of $4.10 to $4.20 for fiscal 2025, reflecting strong third quarter performance.
Inventory Management Success
Inventory down 10% from last year's third quarter, well-positioned to support holiday and early spring demand.
Expansion of Key Brands
Significant growth and expansion in floor space and points of sale for Donna Karan, DKNY, and Karl Lagerfeld.
Improved Retail Segment Performance
Retail segment saw a strong double-digit comp sales increase despite closing 7 stores.