G-III Apparel Group, LTD. (GIII) - NASDAQ
  • Fri, Jul. 22, 10:13 AM
    • A weak earnings report from Skechers (SKX -22%) and a warning from VF Corp (VFC -2.8%) is taking down a number of peers of the apparel sellers.
    • Soft demand in Asia, disruption in Europe, and continued F/X headwinds were cited by both companies.
    • Oxford Industries (OXM -2.1%), Wolverine World Wide (WWW -2.6%), Crocs (CROX -2.9%), Steven Madden (SHOO -1.8%), and G-III Apparel Group (GIII -2.3%) are all lower.
    • The negative start to the earnings season for the apparel/footwear sector appears to be impacting Nike (NKE -0.8%) and Under Armour (UA -0.9%) as well.
    • Previously: Skechers -8% after missing Q2 expectations (July 21)
    • Previously: V.F. beats by $0.01, misses on revenue (July 22)
    | Fri, Jul. 22, 10:13 AM | 17 Comments
  • Wed, Jun. 1, 7:16 AM
    • G-III Apparel (NASDAQ:GIII) reports gross margin rate improved 50 bps to 36.2% in Q1.
    • SG&A expense rate increased 180 bps to 33.5%.
    • Operating margin rate fell 150 bps to 1.2%.
    • Inventory +9.6% to $406.72M.
    • Q2 Guidance: Net sales: ~$485M; Net income: $7M to $9M; Diluted EPS: $0.15 to $0.19.
    • FY2017 Guidance: Net sales: ~$2.56B; D&A: $31M; Interest and financing charges, net: $7M; Income tax expense: $70M to $73M; Net income: $120M to $125M; Diluted EPS: $2.55 to $2.65; Adjusted EBITDA: $228M to $236M.
    | Wed, Jun. 1, 7:16 AM | 1 Comment
  • Wed, Jun. 1, 7:03 AM
    • G-III Apparel (NASDAQ:GIII): Q1 EPS of $0.06 beats by $0.04.
    • Revenue of $457.4M (+5.6% Y/Y) misses by $15.81M.
    • Press Release
    | Wed, Jun. 1, 7:03 AM
  • Tue, May 31, 5:30 PM
  • Tue, Mar. 22, 9:03 AM
    • G-III Apparel (NASDAQ:GIII) blames warm weather in the U.S. and an uncomfortably high level of promotions for its weak Q4 report. Sales levels in the outerwear category were hit the hardest.
    • Inventory growth outpaced sales by a wide margin (14% vs 3%).
    • The company's guidance for the full year also missed expectations. Full-year EPS is seen falling in a range of $2.55 to $2.65 vs. $3.14 consensus.
    • Previously: G-III Apparel misses by $0.25, misses on revenue (March22)
    • Previously: More on G-III Apparel's Q4 (March 22)
    • GIII -24.86% premarket to $41.50.
    | Tue, Mar. 22, 9:03 AM
  • Tue, Mar. 22, 7:19 AM
    • G-III Apparel (NASDAQ:GIII) reports net sales rose 3% in Q4 driven by strength in many of the company's wholesale businesses and G.H. Bass retail.
    • Gross margin rate fell 180 bps to 33.9%.
    • SG&A expense rate grew 270 bps to 30.2%.
    • Operating margin rate decreased 470 bps to 2.4%.
    • Inventory +13.9% to $485.31M.
    • Q1 Guidance: Net sales: ~$475M; Net income: $0.1M to $2.4M; Diluted EPS: $0.00 to $0.05.
    • FY2017 Guidance: Net sales: ~$2.56B; D&A: $31M; Interest and financing charges, net: $7M; Income tax expense: $70M to $73M; Net income: $120M to $125M; Diluted EPS: $2.55 to $2.65; Adjusted EBITDA: $228M to $236M.
    | Tue, Mar. 22, 7:19 AM
  • Tue, Mar. 22, 7:02 AM
    • G-III Apparel (NASDAQ:GIII): Q4 EPS of $0.17 misses by $0.25.
    • Revenue of $527.43M (+2.5% Y/Y) misses by $45.58M.
    • Press Release
    | Tue, Mar. 22, 7:02 AM
  • Mon, Mar. 21, 5:30 PM
  • Dec. 2, 2015, 7:16 AM
    • G-III Apparel (NASDAQ:GIII) reports operating margin rate rose 140 bps to 15.3% in Q3.
    • Gross margin rate improved 70 bps to 37%.
    • SG&A expense rate declined 70 bps to 21%.
    • FY2016 Guidance: Net sales: ~$2.4B; D&A: $25M; Interest and financing charges, net: $5.9M; Income tax expense: $73M to $77M; Net income: $124M to $131M; Diluted EPS: $2.67 to $2.82; Adjusted EPS: $2.65 to $2.80; Adjusted EBITDA: $227M to $238M.
    | Dec. 2, 2015, 7:16 AM
  • Dec. 2, 2015, 7:03 AM
    • G-III Apparel (NASDAQ:GIII): Q3 EPS of $1.85 beats by $0.07.
    • Revenue of $909.87M (+12.0% Y/Y) misses by $3M.
    | Dec. 2, 2015, 7:03 AM
  • Sep. 2, 2015, 7:31 AM
    • G-III Apparel (NASDAQ:GIII) reports net sales rose 12% driven by increase in wholesale segment and comp for G.H. Bass stores.
    • Gross margin rate grew 50 bps to 35.5%.
    • SG&A expense rate fell 110 bps to 29.9%.
    • Operating margin rate increased 160 bps to 4.4%.
    • Q3 Guidance: Net sales: ~$920M; Net income: $83M to $85.3M; Diluted EPS: $1.78 to $1.83.
    • FY2016 Guidance: Net sales: ~$2.4B; D&A: $24.5M; Interest and financing charges, net: $6.5M; Income tax expense: $77M to $80M; Net income: $129M to $134M; Diluted EPS: $2.78 to $2.88; Adjusted EBITDA: $237M to $245M.
    • GIII +4.62% premarket.
    • Q2 results
    | Sep. 2, 2015, 7:31 AM
  • Sep. 2, 2015, 7:03 AM
    • G-III Apparel (NASDAQ:GIII): Q2 EPS of $0.27 beats by $0.07.
    • Revenue of $473.88M (+11.8% Y/Y) beats by $3.82M.
    | Sep. 2, 2015, 7:03 AM
  • Sep. 1, 2015, 5:30 PM
  • Jun. 2, 2015, 4:05 PM
    • G-III Apparel (NASDAQ:GIII): FQ1 EPS of $0.15 beats by $0.08.
    • Revenue of $433M (+18.2% Y/Y) beats by $27.18M.
    | Jun. 2, 2015, 4:05 PM
  • Jun. 1, 2015, 5:35 PM
Company Description
G-III Apparel Group Ltd. manufactures and distributes outerwear and sportswear. The company provides apparel under recognized brands to retailers such as Macy's, Bloomingdale's, Nordstrom, Lord and Taylor, The Bon-Ton Stores, Dillards, JC Penney, and Kohl's. It also has fashion licenses under... More
Industry: Textile - Apparel Clothing
Country: United States