G-III Apparel Group (GIII) Misses Q2 EPS by 6c, Lowers Guidance

G-III Apparel Group (NASDAQ: GIII) reported Q2 EPS of $0.39, $0.06 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $605.2 million versus the consensus estimate of $596.14 million.

GUIDANCE:

G-III Apparel Group sees FY2023 EPS of $3.60-$3.70, versus the consensus of $4.23. G-III Apparel Group sees FY2023 revenue of $3.15 billion, versus the consensus of $3.19 billion.

G-III Apparel Group sees Q3 2023 EPS of $1.80-$1.90, versus the consensus of $2.15. G-III Apparel Group sees Q3 2023 revenue of $1.07 billion, versus the consensus of $1.11 billion.

For earnings history and earnings-related data on G-III Apparel Group (GIII) click here.

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