NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Thursday reported profit of $24.2 million…
NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Thursday reported profit of $24.2 million in its fiscal second quarter.
The New York-based company said it had profit of 53 cents per share. Earnings, adjusted for non-recurring gains, were 52 cents per share.
The clothing and accessories maker posted revenue of $644.8 million in the period.
For the current quarter ending in October, G-III Apparel expects its per-share earnings to range from $2.20 to $2.30.
The company said it expects revenue in the range of $1.1 billion for the fiscal third quarter.
G-III Apparel expects full-year earnings in the range of $3.95 to $4.05 per share, with revenue expected to be $3.2 billion.
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