G-III Apparel Non-GAAP EPS of $0.76 beats by $0.08, revenue of $764.8M misses by $52.17M

• G-III Apparel press release (NASDAQ:GIII): Q4 Non-GAAP EPS of $0.76 beats by $0.08.
• Revenue of $764.8M (-10.5% Y/Y) misses by $52.17M.

• Fiscal 2025

  For fiscal 2025, the Company expects net sales of approximately $3.20 billion and net income between $167.0 million and $172.0 million, or between $3.50 and $3.60 per diluted share. This compares to net sales of $3.10 billion and net income of $176.2 million, or $3.75 per diluted share, for fiscal 2024.

  Non-GAAP net income for fiscal 2025 is expected to be between $167.0 million and $172.0 million, or between $3.50 and $3.60 per diluted share. This compares to non-GAAP net income of $189.8 million, or $4.04 per diluted share, for fiscal 2024.

  Full-year adjusted EBITDA for fiscal 2025 is expected to be between $290.0 million and $295.0 million compared to adjusted EBITDA of $324.1 million in fiscal 2024.

• First Quarter Fiscal 2025

  For the first quarter of fiscal 2025, the Company expects net sales of approximately $615.0 million compared to $606.6 million in the same period last year. Net loss is expected to be in the range of $(5.0) million and break-even, or $(0.10) and $0.00 per share. This compares to net income of $3.2 million, or $0.07 per diluted share, in last year’s first quarter.

  Non-GAAP net income for the first quarter of fiscal 2025 is expected to be between $(5.0) million and break-even, or between $(0.10) and $0.00 per share. This compares to non-GAAP net income of $6.0 million, or $0.13 per diluted share, for the first quarter of fiscal 2024.

More on G-III Apparel

• G-III Apparel: Looking For Better Cash Flows
• Seeking Alpha’s Quant Rating on G-III Apparel
• Historical earnings data for G-III Apparel
• Financial information for G-III Apparel