UPDATE: G-III Apparel Group (GIII) Tops Q1 EPS by 9c, Offers Q2 & FY Guidance

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Go back to UPDATE: G-III Apparel Group (GIII) Tops Q1 EPS by 9c, Offers Q2 & FY Guidance

G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2016 Results

June 2, 2015 4:01 PM EDT

Net Sales Increase 18% to a Record $433 Million

Results for First Quarter Surpass Guidance with Net Income of $0.15 per Diluted Share

Strong First Quarter Financial Performance Prompts Increase in Full-Year Guidance

NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the first quarter of fiscal 2016. G-IIIs two-for-one stock split was effective May 1, 2015 and all share and per share data have been retroactively adjusted to reflect the stock split.

For the quarter ended April 30, 2015, G-III reported that... More