Piper Jaffray Raise PT, Estimates on G-III (GIII) on Better-than-Expected Q3 Despite Weather
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G-III Apparel Group, Ltd. Announces Third Quarter Fiscal 2016 Results
December 2, 2015 7:00 AM EST-- Net Sales in the Third Quarter Increase 12% to $910 Million from $812 Million --
-- Non-GAAP Net Income per Diluted Share Increases 20% to $1.85 from $1.54 --
--Board Authorizes Increased Share Repurchase Program of Up to 5 Million Shares--
NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the third quarter of fiscal 2016 that ended October 31, 2015. All share and per share data in this release have been retroactively adjusted to reflect the two-for-one stock split effective May 1, 2015.
For the third... More
