Brean Capital Reiterates Buy on G-III Apparel Group (GIII) Following 2Q16 Earnings
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G-III Apparel Group, Ltd. Announces Record Second Quarter Fiscal 2016 Results
September 2, 2015 7:00 AM EDT-- Net Sales Increase 12% to a Record $474 Million --
-- Second Quarter Diluted Net Income Per Share of $0.27 Exceeds Plan --
-- Company Raises Full Year Earnings Guidance to Reflect Strong Business Trends --
NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the second quarter of fiscal 2016.
For the quarter ended July 31, 2015, G-III reported that net sales, driven by robust wholesale and retail performance, increased 12% to $474 million from $424 million in the year-ago period.... More
