G-III Apparel Group (GIII) Tops Q4 EPS by 13c, Slight Miss on Revenues FY20 EPS Guidance Above Consensus, FY20 Revenue Guidance Above Consensus

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G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-Year Fiscal 2019 Results

March 21, 2019 7:00 AM EDT

Reports a Record Year of Net Sales, Adjusted EBITDA, Net Income and Net Income Per Share

Net Sales for Fiscal 2019 Increased by 10%, Net Income per Diluted Share Increased 120%

Non-GAAP Net Income Per Diluted Share for the Fiscal Year Increased 79%

Net Income Per Diluted Share for the Fourth Quarter Increased to $0.48 vs. $(0.01) Last Year

Non-GAAP Net Income Per Diluted Share for the Fourth Quarter Increased to $0.55 vs. $0.26 Last Year

Provides Fiscal 2020 Guidance

NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS:... More