G-III Apparel Misses 4Q Estimate
New York-based G-III Apparel Group, Ltd (GIII) posted earnings per share of 25 cents in the fourth quarter of fiscal 2012, missing the Zacks Consensus Estimate of 29 cents and the year-ago quarter earnings of 62 cents per share. In full-fiscal 2012, earnings were $2.46 per share versus $2.88 in the prior year. G-III Apparel’s [...]
New York-based G-III Apparel Group, Ltd (GIII) posted earnings per share of 25 cents in the fourth quarter of fiscal 2012, missing the Zacks Consensus Estimate of 29 cents and the year-ago quarter earnings of 62 cents per share. In full-fiscal 2012, earnings were $2.46 per share versus $2.88 in the prior year.
G-III Apparel’s net sales surged 9.0% year over year in the quarter to $294.3 million. In full-fiscal 2012, revenue jumped 15.8% year over year to $1.23 billion.
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