G-III Apparel Group (GIII) Tops Q4 EPS by 8c, Revenues Miss; Will Not Provide Any Guidance Due to COVID-19

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G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-year Fiscal 2020 Results

March 19, 2020 7:00 AM EDT

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

Net Income Per Diluted Share for Fiscal 2020 Increased 7%

Non-GAAP Net Income Per Diluted Share for Fiscal 2020 Increased 12%

Net Income Per Diluted Share for the Fourth Quarter Increased to $0.52 from $0.48 Last Year

Non-GAAP Net Income Per Diluted Share for the Fourth Quarter Increased to $0.75 from $0.55 Last Year

Cash and Availability of $800 Million at Fiscal Year End 2020

NEW YORK--(BUSINESS WIRE)-- G-III... More