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G-III Apparel Group Ltd. - GIII STOCK NEWS

Welcome to our dedicated news page for G-III Apparel Group Ltd. (Ticker: GIII), a resource for investors and traders seeking the latest updates and insights on G-III Apparel Group Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect G-III Apparel Group Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of G-III Apparel Group Ltd.'s position in the market.

News
DKNY STEPS UP TO THE PLATE WITH AN ICONIC BILLBOARD AT YANKEE STADIUM
Rhea-AI Summary
DKNY, the iconic New York brand, has entered a long-term partnership with the New York Yankees, featuring a billboard at Yankee Stadium. G-III Apparel Group expresses excitement for the collaboration, highlighting DKNY's history with sports and the Yankees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
none
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News
G-III Apparel Group, Ltd. Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Provides Fiscal 2025 Outlook
Rhea-AI Summary
G-III Apparel Group, Ltd. (GIII) reported net sales of $3.10 billion for fiscal year 2024, compared to $3.23 billion last year. The company achieved a net income per diluted share of $3.75 for fiscal year 2024, a significant improvement from a net loss of $(2.79) per share last year. Non-GAAP net income per diluted share was $4.04 for fiscal year 2024, exceeding last year's $2.85. GIII ended fiscal year 2024 in a net cash position of $90.0 million with over $1.00 billion in liquidity, while inventories decreased by 27% compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.07%
Tags
earnings
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News
G-III Apparel Group Announces Date for Fourth Quarter and Full Fiscal Year 2024 Results
Rhea-AI Summary
G-III Apparel Group, Ltd. (GIII) is set to announce its Q4 and full fiscal year 2024 earnings on March 14, 2024, followed by a conference call for the investment community. Registration for participation is open, with details provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
earnings
News
DKNY SPRING 2024: KAIA GERBER DEFINES A NEW DAY AT DKNY
Rhea-AI Summary
DKNY announces Kaia Gerber as the new face of the brand for the Spring 2024 Campaign, focusing on classic design codes reimagined for the next generation. The campaign showcases a renewed focus on DKNY icons and fundamentals, with a fresh energy and a redesigned logo. Captured by Alasdair McLellan, the campaign presents a bold, graphic NY studio setting, symbolizing a leap into the future for the brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
-
News
DONNA KARAN NEW YORK UNVEILS MAJOR RELAUNCH WITH "IN WOMEN WE TRUST" CAMPAIGN FOR SPRING 2024
Rhea-AI Summary
Donna Karan New York unveils the Spring 2024 campaign, 'In Women We Trust,' featuring eight iconic women and a celebration of the brand's heritage and future. The collection offers accessible luxury with classic silhouettes and vintage details, all captured by Annie Leibovitz.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.05%
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none
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News
G-III Apparel Group Appoints Dana Perlman as its New Chief Growth and Operations Officer
Rhea-AI Summary
G-III Apparel Group, Ltd. (NASDAQ: GIII) appoints Dana Perlman as Chief Growth and Operations Officer. Perlman, with over 20 years of experience in apparel, strategy, and finance, aims to drive innovation, optimize operations, and identify new opportunities for G-III. She will oversee Strategy, Finance, Communications, Information Technology, and other Operating functions. CEO Morris Goldfarb is excited to work closely with Perlman to drive the company's ambitious growth agenda forward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
management
News
G-III Apparel Group, Ltd. Announces Third Quarter Fiscal 2024 Results
Rhea-AI Summary
G-III Apparel Group, Ltd. (NasdaqGS: GIII) exceeded net income per diluted share guidance for Q3 Fiscal 2024, with net sales of $1.07 billion compared to $1.08 billion last year. The company reported a net income per diluted share of $2.74 for Q3 compared to $1.26 last year, and Non-GAAP net income per diluted share of $2.78 compared to $1.35 last year. G-III also raised its GAAP and Non-GAAP net income per diluted share guidance for Fiscal Year 2024 and appointed Dana Perlman as Chief Growth and Operations Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
earnings
-
News
G-III Apparel Group Announces Date for Third Quarter Fiscal 2024 Results
Rhea-AI Summary
G-III Apparel Group, Ltd. (NASDAQ: GIII) will release its Q3 2024 earnings on December 5, 2023, followed by a conference call and Q&A session for the investment community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
earnings
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News
G-III Apparel Group, Ltd. Announces Second Quarter Fiscal 2024 Results
Rhea-AI Summary
G-III Apparel Group, Ltd. beats Q2 guidance with net sales of $659.8M, up 9% YoY. GAAP net income per diluted share is $0.35, down from $0.74 last year. Raises FY2024 guidance with net sales of $3.30B and net income between $145M and $150M. Announces new outerwear license for Champion brand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.25%
Tags
earnings
News
HanesBrands and G-III Apparel Group Announce Licensing Agreement for Champion and C9 Champion Outerwear
Rhea-AI Summary
HanesBrands and G-III Apparel Group have entered into a multi-year license agreement for outerwear production and distribution of Champion and C9 Champion brands in North America, with potential global opportunities. The partnership aims to expand Champion's consumer base and leverage G-III's expertise and distribution network. This could positively impact HanesBrands and G-III Apparel Group's stock prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.25%
Tags
none
Stock GIII logo
G-III Apparel Group Ltd.

Nasdaq:GIII

GIII Rankings

#2237 Ranked by Market Cap
#742 Ranked by Stock Gains
N/A Ranked by Dividends

GIII Stock Data

1.23B
40.00M
13.3%
99.64%
10.46%
Hosiery and Sock Mills
Manufacturing
Link
US
New York

About GIII

behind every great company is an even better story. ours began in 1956, when aron goldfarb came to the united states with a european master craftsman's skill and an unwavering desire to succeed. aron founded g&n sportswear, and in 1972 his son, morris goldfarb - the current chief executive officer - joined the company. now called the g-iii apparel group, the company has quickly become the world's premiere designer and manufacturer of quality leather outerwear dresses, women's suits and sportswear. we understand that we can only succeed so long as we remember the core values that got us here.