G-III Apparel Group (GIII) Tops Q4 EPS by 33c; Offers 2022 Guidance

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G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-Year Fiscal 2022 Results

March 17, 2022 7:00 AM EDT

Delivers Highest Annual Net Income Per Diluted Share in Company History of $4.05 for Fiscal Year 2022

Fiscal Year Net Sales of $2.77 Billion vs. $2.06 Billion Last Year

Net Sales of $748.2 Million for the Fourth Quarter vs. $526.2 Million Last Year

Net Income Per Diluted Share of $0.98 for the Fourth Quarter vs. $0.30 Last Year

Provides Guidance for First Quarter and Full Fiscal Year 2023

Board Authorizes Increased Share Repurchase Program of Up to 10 Million Shares

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