Welcome to our dedicated page for G Iii Apparel Group news (Ticker: GIII), a resource for investors and traders seeking the latest updates and insights on G Iii Apparel Group stock.
G-III Apparel Group Ltd. (GIII) drives innovation in global fashion through iconic brands like DKNY, Calvin Klein, and Tommy Hilfiger. This news hub provides investors and industry professionals with authoritative updates on corporate developments shaping the apparel sector.
Access real-time press releases, earnings announcements, and strategic partnership updates from one verified source. Our curated collection eliminates search fragmentation, offering direct access to material events affecting GIII's wholesale and retail operations.
Key updates include quarterly financial results, licensing expansions, leadership changes, and sustainability initiatives. All content maintains strict separation between official company communications and third-party analysis for informed decision-making.
Bookmark this page for continuous access to G-III's evolving market position. Combine these updates with Stock Titan's financial tools to track how corporate developments impact long-term value creation in fashion retail.
G-III Apparel Group (NasdaqGS: GIII) reported its Q1 Fiscal 2025 results with net sales of $609.7 million, a slight increase from $606.6 million last year. Net income was $5.8 million, or $0.12 per diluted share, compared to $3.2 million and $0.07 per share in the prior year, reflecting strong performance from brands like DKNY and Karl Lagerfeld. The company raised its GAAP and Non-GAAP net income per diluted share guidance for Fiscal 2025 and invested in AWWG for European expansion. G-III also amended and upsized its ABL credit facility to $700 million, extending its maturity to 2029. Fiscal 2025 net sales are projected at $3.20 billion, with net income expected between $170.0 million and $175.0 million. For Q2 FY2025, net sales are anticipated to be around $650.0 million with net income ranging from $10.0 million to $15.0 million.
G-III Apparel Group will release its first quarter 2025 earnings on June 6, 2024, before the market opens. The management will host a conference call at 8:30 a.m. ET the same day to discuss the results, followed by a Q&A session. Investors can register for the call in advance through a provided link, which will give them a unique passcode and dial-in number. The call can also be accessed via a live audio webcast on the company's Investor Relations website. A replay will be available.
G-III Apparel Group is a global fashion leader with a diverse portfolio of over 30 brands, including DKNY, Karl Lagerfeld, Calvin Klein, and Tommy Hilfiger. The company specializes in design, sourcing, and marketing, with a strong focus on unique brand propositions and consumer touch points.
FAQ
What is the current stock price of G Iii Apparel Group (GIII)?
What is the market cap of G Iii Apparel Group (GIII)?
