G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2023 Results
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G-III Apparel Group (GIII) Tops Q1 EPS by 17c, Updates Guidance
June 7, 2022 7:07 AM EDTG-III Apparel Group (NASDAQ: GIII) reported Q1 EPS of $0.72, $0.17 better than the analyst estimate of $0.55. Revenue for the quarter came in at $688.8 million versus the consensus estimate of $589.73 million.
GUIDANCE:
G-III Apparel Group sees FY2023 EPS of $4.23-$4.33, versus the consensus of $4.08. G-III Apparel Group sees FY2023 revenue of $3.24 billion, versus the consensus of $3.02 billion.
The Company today raised its guidance for the fiscal year ending January 31, 2023. The Companys fiscal year 2023 guidance contemplates the expected impact from the current supply chain conditions, including the current lockdowns in... More