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-0.00476462740613684 -0.00895749952353737 -0.0146750524109015 -0.0192490947207929 -0.0169620735658472 -0.0249666476081571 0.000571755288736307 0.0148656375071468
Stock impact report

UPDATE: G-III Apparel sales fall short as tariffs weigh, stock slides 6% [MarketWatch]

G-III Apparel Group, LTD. (GIII) 
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.g-iii.com
Company Research Source: MarketWatch
UPDATE: G-III Apparel sales fall short as tariffs weigh, stock slides 6% G-III Apparel Group Ltd. shares GIII, -8.45% slid 6% in premarket trade Wednesday, after the owner of brands and licences including Donna Karan, Calvin Klein and Tommy Hilfiger missed sales estimates for the third quarter and lowered guidance to reflect the impact of tariffs. The New York-based company said it had net income of $95.4 million, or $1.97 a share, in the quarter, up from $94.0 million, or $1.86 a share, in the year-earlier period. Adjusted per-share earnings came to $1.99, ahead of the $1.94 FactSet consensus. Sales rose 5% to $1.13 billion from $1.07 billion, but missed the $1.17 billion FactSet consensus. "We maintained good momentum in our wholesale business, in spite of the challenging retail and macro environment," Chief Executive Morris Goldfarb said in a statement. Support from the company's Chinese vendor base helped offset some of the impact of tariffs, he said. The company revised its gu Show less Read more
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