HBI - Why G-III Apparel Shares Are Shooting Higher Today | Benzinga
G-III Apparel Group Ltd (NASDAQ: GIII) reported second-quarter FY24 sales growth of 9% year-on-year to $659.76 million, beating the analyst consensus of $592.32 million.
The gross profit rose 20.8% Y/Y to $276.6 million, with the margin expanding 410 basis points to 41.9%.
The operating margin was 4.7%, and operating income for the quarter rose 0.7% to $31.5 million.
Adjusted EPS of $0.40 Full story available on Benzinga.com