G-III Apparel (GIII)

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G-III Apparel Q3 Earnings Beat Estimates, Retail Sales Rise Y/Y
ZACKS· 2024-12-11 15:10
G-III Apparel Group, Ltd.’s (GIII) third-quarter fiscal 2025 earnings beat the Zacks Consensus Estimate but sales missed the same. The company’s top line increased and bottom line declined year over year. In the fiscal third quarter, G-III Apparel Group focused on expanding its owned brands like DKNY, Karl Lagerfeld, Donna Karan and Vilebrequin while introducing new licensed products, such as Nautica and Champion outerwear. Enhanced marketing efforts, particularly digital campaigns, boosted consumer engagem ...
G-III Apparel Group Continues To Perform, But I Think It Has Reached Fair Value
Seeking Alpha· 2024-12-11 01:14
G-III Apparel Group (NASDAQ: GIII ) reported positive and in-line 3Q25 results, derisking the company's largest quarter of the year. Sales were flat compared to last year, but its own brands grew as much as 30% YoY, mainly via door expansion. Q3 included shipments related to theLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understandi ...
G-III Apparel (GIII) - 2025 Q3 - Earnings Call Transcript
2024-12-10 19:26
G-III Apparel Group, Ltd. (NASDAQ:GIII) Q3 2025 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants Morris Goldfarb - Chairman, Chief Executive Officer Neal Nackman - Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Ashley Owens - KeyBank Capital Markets Mauricio Serna - UBS Paul Kearney - Barclays Operator Good day! And thank you for standing by. Welcome to the G-III Apparel Group Third Quarter Fiscal 2025 Earnings Conference Call. At this time, all partici ...
ReGen III Appoints Tony Weatherill as Chief Executive Officer and President to Accelerate Commercial and Strategic Opportunities
Newsfile· 2024-12-02 05:01
ReGen III Appoints Tony Weatherill as Chief Executive Officer and President to Accelerate Commercial and Strategic OpportunitiesDecember 02, 2024 12:01 AM EST | Source: ReGen III Corp.Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company specializing in the upcycling of used motor oil ("UMO") into high-value Group III base oils, is delighted to announce the app ...
ReGen III Closes Final Tranche of Oversubscribed Private Placement
Newsfile· 2024-11-25 08:01
Core Viewpoint - ReGen III Corp. has successfully closed its second and final tranche of a non-brokered private placement, raising a total of $890,000 to support its operations in upcycling used motor oil into high-value base oils [1][3]. Fundraising Details - The final tranche involved the issuance of 1,800,000 Units at a price of $0.20 per Unit, generating gross proceeds of $360,000 [1]. - In total, across both tranches, the company issued 4,450,000 Units for gross proceeds of $890,000 [1]. - Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.30 until November 22, 2027 [2]. Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes and working capital [3]. Patent Developments - ReGen III has received its official patent certificate for its re-refining and upgrading method for used oil, bringing the total number of issued patents for its ReGen™ process to twenty [5]. Corporate Initiatives - The company has retained Stockhouse Publishing Ltd. for $50,000 over six months to enhance its news dissemination and corporate awareness efforts [6]. Environmental Impact - The ReGen™ process is expected to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [7]. Operational Goals - ReGen III aims to become the world's largest producer of sustainable Group III base oil, operating in an underserved segment of the base oil market [8].
GIII Gains on Digital Innovation, International Growth & Solid Brands
ZACKS· 2024-11-19 15:00
G-III Apparel Group, Ltd.’s (GIII) strategic emphasis on digital innovation, omnichannel expansion, international growth and strategic brand partnerships underscores its commitment to building a globally competitive business. By leveraging strong marketing efforts, operational efficiencies and a robust brand portfolio, the company is well-positioned to capture market share, enhance profitability and achieve sustained growth. With a clear vision and focused strategies, G-III is poised to navigate industry ch ...
GIII Trading Above 200 & 50-Day SMA: How to Play the Stock Now?
ZACKS· 2024-10-28 14:31
G-III Apparel Group, Ltd. (GIII) has demonstrated strong upward momentum, trading above its 200 and 50-day simple moving averages (SMA). SMA is a key indicator of price stability and long-term bullish trends. GIII ended Friday’s trading session at $30.60, above its 200 and 50-day SMA of $28.72 and $29.62, respectively, highlighting a continued uptrend. This technical strength, along with sustained momentum, reflects positive market sentiment and investor’s confidence in GIII's financial health and growth pr ...
ReGen III Closes First Tranche of Oversubscribed and Expanded Private Placement
Newsfile· 2024-10-24 20:54
ReGen III Closes First Tranche of Oversubscribed and Expanded Private PlacementOctober 24, 2024 4:54 PM EDT | Source: ReGen III Corp.Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce that it has closed on an over-subscrib ...
GIII Stock Dips 10% From 52-Week High: Time to Buy, Hold or Sell?
ZACKS· 2024-10-17 15:25
G-III Apparel Group, Ltd.'s (GIII) shares are currently trading 9.7% below the 52-week high of $35.68 reached on Dec. 15, 2023, making investors contemplate their next moves. Over the past six months, the GIII stock has gained 18.7%, outperforming the Zacks Textile - Apparel industry's 2.5% increase. As the market fluctuates and the holiday season approaches, the question is whether you should buy, hold or sell the GIII stock. The company's focus on global expansion and brand building has enabled it to outp ...
GIII Eyes Growth With Digital Expansion & Global Brand Strategy
ZACKS· 2024-10-11 15:30
Core Insights - G-III Apparel Group, Ltd. (GIII) is positioned for sustained growth through initiatives in digital and omnichannel capabilities, global expansion, and operational efficiency [1] - The company is well-prepared to capitalize on opportunities and deliver strong financial performance in fiscal 2025 and beyond due to continued investments in marketing and brand building [2] Digital and E-commerce Strategy - Key efforts include enhancing e-commerce platforms for DKNY and Karl Lagerfeld Paris with advanced CRM systems and updated loyalty programs [3] - Collaborations with major online retailers like Amazon and Fanatics strengthen GIII's digital presence [3] Marketing and Brand Loyalty - Marketing investments in brands such as Donna Karan, DKNY, and Karl Lagerfeld have been crucial for building brand loyalty, particularly among younger consumers [4] - Successful campaigns like DKNY's "New York Stories" and Donna Karan's "Reflections on Women" target younger audiences to foster brand loyalty [4] International Expansion - GIII's partnership with All We Wear Group (AWWG), increasing its stake to nearly 20%, facilitates expansion into Europe and Latin America, with notable growth in Spain and Portugal [5] - The collaboration is projected to drive over $200 million in sales from the Iberian region in the coming years [6] Product Portfolio Diversification - New licensing agreements, including a major partnership with Converse launching in Fall 2025, align with GIII's focus on youth and active lifestyle markets [7] - Additional agreements with brands like Champion and Nautica will enhance GIII's casualwear offerings and distribution channels [7] Operational Efficiency - GIII improved its gross margin by 90 basis points to 42.8% in Q2 of fiscal 2025, driven by higher sell-through rates and better product mix management [8] - The retail operations segment saw a gross margin increase to 54.4% from 50.5% the previous year due to reduced promotional activity [9] Financial Outlook - G-III Apparel reaffirmed its fiscal 2025 net sales guidance of $3.2 billion, indicating a 3% increase from the previous year [10] - The optimistic outlook is supported by strong brand performances, marketing efforts, and prudent cost management, with go-forward brands projected to contribute 70% to total net sales for fiscal 2025 [11]