G-III Apparel Group (GIII) Misses Q4 EPS by 6c, Guides Q1 Below Views
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G-III Apparel Group, Ltd. Announces Fourth Quarter and Full-Year Fiscal 2017 Results
March 27, 2017 7:00 AM EDT--Provides Fiscal 2018 Guidance--
NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII) today announced operating results for the fourth quarter and full fiscal 2017 year and provided financial guidance for the first quarter and full fiscal 2018 year.
Net sales for the fiscal year ended January 31, 2017 were up 1.8% to $2.39 billion from $2.34 billion in the prior year. Growth over the prior year was primarily the result of increases in the Companys wholesale non-outerwear business and net sales from the Donna Karan International (DKI) business in the last... More
