More on G-III Apparel's (GIII) Q1: Strength from "a variety of businesses and the inclusion of...

|About: G-III Apparel Group, LTD. (GIII)|By:, SA News Editor

More on G-III Apparel's (GIII) Q1: Strength from "a variety of businesses and the inclusion of sales from Vilebrequin" drive a 19% Y/Y increase in revenues. The company sees strong performance across product categories and retail operations turn in same-store sales growth in the double-digits. CEO Morris Goldfarb says "positive feedback" from retail customers gives him "increased confidence in [the] full year outlook." FY14 EPS guidance is raised to $3.20-3.30 versus consensus of $3.20. Shares +7.1% AH. (PR)