G-III Apparel Analysts Increase Their Forecasts After Better-Than-Expected Q2 Results

G-III Apparel Group GIII posted better-than-expected earnings for the second quarter but slashed its full-year outlook, warning of weaker earnings and sales despite topping second-quarter profit and revenue estimates.The company reported second-quarter adjusted earnings per share of 25 cents, beating the analyst consensus estimate of 9 cents. Quarterly sales of $613.266 million (down 5% year over year) outpaced the Street view of $571.312 million.G-III Apparel Group cut its fiscal 2026 adjusted EPS outlook ...