G-III Apparel Group (GIII) Misses Q1 EPS by 20c

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G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2021 Results

June 4, 2020 7:01 AM EDT

Strong Financial Flexibility and Liquidity

Proactive Steps Taken in Response to COVID-19 Outbreak

Announced Restructuring of Retail Segment

NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the first quarter of fiscal 2021 ended April 30, 2020.

Morris Goldfarb, G-IIIs Chairman and Chief Executive Officer, said, These are challenging times for so many throughout our industry and country. G-III is an adaptive and agile organization with an entrepreneurial culture that keeps us flexible. These traits... More