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0 0.00302800908402719 0.0090840272520817 0.00813777441332323 0.0109765329295988 -0.00302800908402732 -0.012112036336109 -0.012112036336109
Stock impact report

Why Is G-III (GIII) Stock Soaring Today [Yahoo! Finance]

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: Yahoo! Finance
session after the company reported strong fourth quarter results which beat analysts' revenue expectations. In addition, its EPS guidance for next quarter exceeded Wall Street's estimates. The real story was the nearly 10% increase in sales, driven by solid growth in its owned brands, including DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin. But there's a catch. The company is still moving away from its Calvin Klein and Tommy Hilfiger licenses, and that's creating a bit of a headwind. With that transition in play, it wasn't exactly shocking to see them miss full-year revenue guidance and come up short on next quarter's revenue outlook. Overall, this was a mixed yet decent quarter which showed that investors were becoming more familiar with the long term picture. After the initial pop the shares cooled down to $26.60, up 4.9% from previous close. Is now the time to buy G-III? Access our full analysis report here, it's free What The Market Is Telling Us G-III's shares ar Show less Read more
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