G-III Apparel Group (GIII) Tops Q2 EPS by 19c; Raises FY Outlook

Go back to G-III Apparel Group (GIII) Tops Q2 EPS by 19c; Raises FY Outlook

G-III Apparel Group, Ltd. Announces Second Quarter Fiscal 2019 Results

September 6, 2018 7:00 AM EDT

Net Sales Increase 16% to Second Quarter Record of $625 million

Second Quarter Results Surpass Guidance

G-III Increases Full-Year Net Sales and Net Income Guidance

NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the second quarter of fiscal 2019 that ended July 31, 2018.

Net sales for the second quarter of fiscal 2019 increased 16.1% to a second quarter record of $624.7 million, from $538.0 million in the year-ago period. The Company reported net income for the second quarter of... More