G-III Apparel Group, Ltd. Announces Third Quarter Fiscal 2016 Results
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December 3, 2015 7:02 AM EST
Piper Jaffray reiterated an Overweight rating on G-III Apparel (NASDAQ: GIII), and raised the price target to $57.00 (from $52.00), following the company's 3Q earnings report. Tied to weakness in weather trends, outerwear sell-throughs have been slower and as such, Q4 is expected to be more promotional to work through higher inventory levels. The company mentioned on its... More
December 2, 2015 12:08 PM EST
Cowen analyst John Kernan reiterated an Outperform rating and boosted his price target on G-III Apparel (NASDAQ: GIII) to $62.00 (from $60.00) following strong Q3 results despite the weather.
Kernan commented, "GIII beat our, and consensus, Q3 EPS estimates with the high-end of... More
December 2, 2015 7:02 AM EST
G-III Apparel Group (NASDAQ: GIII) reported Q3 EPS of $1.85, $0.06 better than the analyst estimate of $1.79. Revenue for the quarter came in at $910 million versus the consensus estimate of $912.77 million.
G-III announced today that its Board of Directors had reapproved and increased the previously authorized share... More
