G-III Apparel Group (GIII) Misses Q4 EPS by 1c

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Go back to G-III Apparel Group (GIII) Misses Q4 EPS by 1c

G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-year Fiscal 2023 Results

March 16, 2023 7:00 AM EDT

Announces Two Growth Opportunities: Re-Positioning and Expansion of Donna Karan and New Long-Term License for the Nautica Brand Net Sales of $3.23 Billion for Fiscal Year 2023 Compared to $2.77 Billion Last Year Net Loss of $(133.1) Million for Fiscal Year 2023, or $(2.79) Per Share, Compared to Net Income of $200.6 Million, or $4.05 Per Diluted Share, in the Prior Year. This Years Results Include a $291.5 Million, or $6.12 per share, Non-Cash Goodwill Impairment Charge, Net of Tax Non-GAAP Net Income Per Diluted Share of $2.85 for Fiscal Year 2023 Compared to $4.20 Last Year Provides... More