The Latest Breaking News from GIII

The athletic apparel sector is expected to witness considerable long-term growth, thanks to robust consumer demand and the rapid industry advancements to cater to the evolving consumer preferences. Given this backdrop, investors could consider fundamentally sound athletic apparel stocks Columbia Sportswear (COLM), Skechers U.S.A. (SKX), and G-III Apparel (GIII), which…

The sportswear industry is on the rise, fueled by surging fitness trends, growing demand for stylish activewear, and record-high global sports participation. As competition intensifies, companies like adidas (ADDYY), Skechers (SKX), and G-III Apparel Group (GIII) are pulling ahead of the pack. Thus, investing in these high-performance brands could be…

G-III Apparel raised full fiscal year earnings expectations Tuesday.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.67%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -1.20%, both at 1-week lows. Stock indexes this morning are moderately lower. Apple is down more than -2% in pre-market trading to lead technology stocks lower...

G-III Apparel Group Ltd (NASDAQ:GIII) reported first-quarter FY23 sales growth of 32.5% year-on-year to $688.76 million, beating the consensus of $589.73 million. The gross profit rose 25.9% Y/Y to $246 million, with the margin contracting 190 basis points to 35.7%. The operating margin was 7.9%, and operating income for the quarter rose 16.5%…

G-III Apparel Group Ltd (NASDAQ:GIII) reported fourth-quarter FY22 sales growth of 42% year-on-year, to $748.15 million, beating the consensus of $741.55 million. EPS of $0.98 beat the consensus of $0.64. The gross profit rose 34.5% Y/Y to $252.3 million, with the margin contracting 192 basis points to 33.7%. The operating margin was 9%,…

  G-III Apparel Group (NASDAQ:GIII) reported its Q4 earnings results on Thursday, March 17, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

G-III Apparel Group (NASDAQ:GIII) is set to give its latest quarterly earnings report on Thursday, 2022-03-17. Here's what investors need to know before the announcement. Analysts estimate that G-III Apparel Group will report an earnings per share (EPS) of $0.64.