G-III Apparel Group Ltd.

NASDAQ:GIII   3:59:54 PM EDT
15.30
+0.35 (+2.34%)
Other Pre-Announcement

G-III Apparel Group Reports Q2 Sales Rose 25 Percent To $605.2 Million

Published: 09/07/2022 11:16 GMT
G-III Apparel Group Ltd. (GIII) - For Fiscal 2023, Company Expects Net Sales of Approximately $3.15 Billion.
G-iii Apparel Group, Ltd.
Announces Second Quarter Fiscal 2023 Results.
Q2 Earnings per Share $0.74.
Q2 Sales Rose 25 Percent to $605.2 Million.
Q2 Non-GAAP Earnings per Share $0.39.
G-iii Apparel - Anticipating Non-GAAP Net Income for Fiscal 2023 Between $177.0 Million and $182.0 Million, Or Between $3.60 and $3.70 per Diluted Share.
Net Sales for Q2 Ended July 31, 2022 Increased 25% to $605.2 Million From $483.1 Million in Prior Year's Quarter.
For Q3 of Fiscal Year 2023, Company Expects Net Sales of Approximately $1.07 Billion.
Qtrly Diluted EPS $0.74.
G-iii Apparel Group - Net Income for Q3 of Fiscal 2023 is Expected to Be Between $83.0 Million and $88.0 Million, Or $1.70 and $1.80 per Diluted Share.
Q2 Earnings per Share View $0.46 -- Refinitiv Ibes Data (analyst estimates).