G-III Apparel Group (GIII) Tops Q1 EPS by 38c, Revenues Beat; Offers FY22 EPS/Revenues Guidance Above Consensus

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Go back to G-III Apparel Group (GIII) Tops Q1 EPS by 38c, Revenues Beat; Offers FY22 EPS/Revenues Guidance Above Consensus

G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2022 Results

June 7, 2021 7:00 AM EDT

Net Sales and Net Income Per Share for the First Quarter Exceed Expectations

Net Sales of $519.9 Million for the First Quarter vs. $405.1 Million Last Year

Net Income Per Diluted Share of $0.53 for the First Quarter vs. a Net Loss Per Share of ($0.82) Last Year

Ends First Quarter With Cash and Credit Facility Availability of Approximately $860 Million

Provides Guidance for Fiscal Year 2022

NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results... More