G-III Apparel (GIII)

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Why G-III Apparel Stock Was Soaring Today
The Motley Fool· 2024-09-05 18:03
Shares of the apparel company gained on better-than-expected quarterly profits. Shares of G-III Apparel (GIII 22.62%) were on the move today, jumping after the apparel licensing company posted better-than-expected results in its fiscal 2025 second-quarter earnings report. As of 1:03 p.m. ET, the stock was up 24.3% on the news. G-III soars again Revenue in the quarter ended July 31 continued to decline at G-III, falling 2% to $644.8 million, which was below estimates at $649.4 million. G-III owns brands like ...
G-III Apparel (GIII) - 2025 Q2 - Earnings Call Transcript
2024-09-05 15:20
G-III Apparel Group, Ltd. (NASDAQ:GIII) Q2 2025 Earnings Conference Call September 5, 2024 8:30 AM ET Company Participants Neal Nackman - Chief Financial Officer Morris Goldfarb - Chairman and Chief Executive Officer Conference Call Participants Paul Kearney - Barclays Chandana Madaka - KeyBanc Capital Markets Will Gaertner - Wells Fargo Mauricio Serna - UBS Dana Telsey - Telsey Advisory Group Operator Good day and thank you for standing by. Welcome to the G-III Apparel Group Second Quarter Fiscal 2025 Earn ...
G-III Apparel Group (GIII) Beats Q2 Earnings Estimates
ZACKS· 2024-09-05 13:15
G-III Apparel Group (GIII) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 85.71%. A quarter ago, it was expected that this clothing and accessories maker would post a loss of $0.05 per share when it actually produced earnings of $0.12, delivering a surprise of 340%. Over the last fo ...
G-III Apparel (GIII) - 2025 Q2 - Quarterly Results
2024-09-05 11:30
Exhibit 99.1 G-III APPAREL GROUP, LTD. G-III APPAREL GROUP, LTD. REPORTS SECOND QUARTER FISCAL 2025 RESULTS ABOVE GUIDANCE; UPDATES FISCAL 2025 OUTLOOK ● Net Sales of $644.8 Million for the Second Quarter Compared to $659.8 Million Last Year ● Second Quarter GAAP and Non-GAAP Net Income Per Diluted Share Exceed Guidance ● Raises GAAP and Non-GAAP Net Income Per Diluted Share Guidance for Fiscal Year 2025 ● Repaid $400 Million Senior Secured Notes Due August 2025 ● Repurchased 1.2 Million Shares of the Compa ...
G-III Apparel Group, Ltd. Reports Second Quarter Fiscal 2025 Results Above Guidance; Updates Fiscal 2025 Outlook
GlobeNewswire News Room· 2024-09-05 11:00
Net Sales of $644.8 Million for the Second Quarter Compared to $659.8 Million Last Year Second Quarter GAAP and Non-GAAP Net Income Per Diluted Share Exceed Guidance Raises GAAP and Non-GAAP Net Income Per Diluted Share Guidance for Fiscal Year 2025 Repaid $400 Million Senior Secured Notes Due August 2025 Repurchased 1.2 Million Shares of the Company's Common Stock for $31.6 Million Announces New Global Apparel License for the Converse Brand NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- G-III Apparel Group, ...
G-III Apparel Gains From Digital Expansion, Strategic Partnership
ZACKS· 2024-08-27 14:02
G-III Apparel Group, Ltd. (GIII) is strategically positioned for continued growth and profitability through its aggressive digital and omnichannel expansion, strong performance in wholesale and retail segments and significant partnerships such as the one with AWWG. The company's focus on enhancing its European presence, reducing reliance on PVH brands and targeting high-growth markets like India and China is likely to drive success. With a solid financial foundation, robust brand performance and a commitmen ...
G-III Apparel Group: Still A Good Fit After A Nice Run-Up
Seeking Alpha· 2024-08-23 20:44
ozgurdonmaz Generally speaking, I try to stay away from companies in the apparel/clothing space. This is a highly competitive market, and fickle consumer tastes can mean the difference between thriving and dying. But every so often, I find a firm that I turn bullish on. Back in August 2023, very close to a year ago today, I rated G-III Apparel Group, Ltd. (NASDAQ:GIII) a "buy." The company had seen some disappointing financial performance leading up to that point, and I said that shares would be on watch fo ...
G-III Apparel (GIII) Gains 29% in a Year: How to Play Ahead?
ZACKS· 2024-08-20 14:06
G-III Apparel Group, Ltd. (GIII) has showcased impressive resilience over the past year, with its shares gaining 28.8%. This growth contrasts sharply with the 10% decline in the Zacks Textile - Apparel industry. The company's success can be attributed to its robust omnichannel strategies, expansive market reach and adept financial management. GIII's operational prowess has also helped it outperform the broader Zacks Consumer Discretionary sector and the S&P 500's respective growth of 6.5% and 26.3%. Closing ...
DONNA KARAN NEW YORK UNVEILS ICONIC "REFLECTIONS ON WOMEN" CAMPAIGN FOR FALL 2024
Prnewswire· 2024-08-15 13:00
This past spring, Donna Karan New York relaunched the brand with the "In Women We Trust" campaign, breathing new life into its story and legacy. The campaign featured multiple generations of women as brand storytellers, resonating deeply with a broad audience and giving the brand immediate relevance. Building on its success this past spring, Donna Karan enhances its storytelling for Fall 2024 by embracing women's dimensional nature—strong yet sensual, powerful, and passionate. This deep emotional connection ...
G-III Apparel (GIII) Gains on Digital Growth, Market Expansion
ZACKS· 2024-08-13 17:56
G-III Apparel Group, Ltd.'s (GIII) focus on digital growth, market expansion and robust brand management positions it for sustained success. The company's enhanced omnichannel capabilities, key partnerships and investments in high-growth markets are expected to drive significant sales growth. Strong performances in both wholesale and retail segments, coupled with successful brand initiatives like DKNY and Karl Lagerfeld, underscore its competitive edge. The continued reduction in reliance on PVH brands and ...