GIII - G-III Apparel Analysts Increase Their Forecasts After Upbeat Earnings | Benzinga
G-III Apparel Group (NASDAQ: GIII) reported better-than-expected earnings for its third quarter on Tuesday.
G-III Apparel reported a third-quarter FY24 sales decline of 1% year-on-year to $1.07 billion, missing the analyst consensus of $1.13 billion. Adjusted EPS of $2.78 beat the analyst consensus of $2.06.
For fiscal 2024, the company expects net sales of approximately $3.15 billion versus the estimate of $3.30 billion (prior view: $3.30 billion). The company expects FY24 adjusted EPS of $3.90-$4.00 versus the ...