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

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G-III Apparel (GIII) PT Lowered to $50 at Needham & Company; Says Buy on Pullback

December 7, 2018 7:14 AM EST

Needham & Company analyst Rick Patel lowered the price target on G-III Apparel (NASDAQ: GIII) to $50.00 (from $56.00) while maintaining a Buy rating. Patel attributes the stock decline that followed GIII's 3Q results to lower retail comps and GM contraction. Needham & Company are buyers... More

G-III Apparel Group (GIII) Tops Q3 EPS by 7c, Revenues Miss; Lifts FY19 EPS/Revenue Guidance

December 6, 2018 7:02 AM EST

G-III Apparel Group (NASDAQ: GIII) reported Q3 EPS of $1.88, $0.07 better than the analyst estimate of $1.81. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.

Morris Goldfarb, G-IIIs Chairman and Chief Executive Officer, said, In our largest shipping... More