G-III Apparel Group (GIII) Tops Q3 EPS by 73c ; Offers Guidance

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Go back to G-III Apparel Group (GIII) Tops Q3 EPS by 73c ; Offers Guidance

G-III Apparel Group (GIII) shares rally as wholesale strength boosts Q3 earnings

December 5, 2023 9:18 AM EST

G-III Apparel Group (NASDAQ: GIII) shares climbed almost 8% premarket on the back of its latest earnings release, which topped profit expectations.

The company reported Q3 EPS of $2.78, $0.73 better than the analyst estimate of $2.05. Revenue for the quarter came in at $1.07 billion, below the consensus estimate of $1.13 billion and slightly lower than the $1.08 billion reported during the same period last... More