G-III Apparel Group (GIII) Tops Q4 EPS by 7c, Revenues Miss; Offers 1Q EPS Guidance Above Consensus, 1Q Revenue Outlook Below Consensus

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G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-Year Fiscal 2021 Results

March 18, 2021 7:00 AM EDT

GAAP Net Income Per Diluted Share for Fiscal 2021 of $0.48 is Inclusive of $(1.14) Per Diluted Share of Losses Related to Wilsons Leather and G.H. Bass Store Operations

GAAP Net Income Per Diluted Share for the Fourth Quarter of $0.30 is Inclusive of $(0.17) Per Diluted Share of Losses Related to Wilsons Leather and G.H. Bass Store Operations

Completed Closing of Wilsons Leather and G.H. Bass Stores in Fiscal 2021

Cash and Credit Facility Availability of Approximately $825 Million at Fiscal Year End 2021

Provides Guidance for... More