G-III Apparel: Q2 Was Good, And Despite The Rally, The Stock Remains An Opportunity
G-III Apparel (GIII) Seeking Alpha·2024-09-05 19:43
RichLegg/E+ via Getty Images G-III Apparel Group, Ltd.'s (NASDAQ:GIII) Q2 2025 results were good, with its proprietary brands growing within expectations and the company's raising guidance from better margins, lower share, and repaid debt. The company also announced a small license with Converse for apparel. The market reacted with a close to 30% up move, which seems exaggerated given the relative impact of the news. After the move, G-III is up 20% since I started recommending the name in March 2024. The mo ...