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G-III Apparel Group Ltd (GIII.OQ)

GIII.OQ on NASDAQ Stock Exchange Global Select Market

20.37USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

G-III Apparel Group enters multi-year license agreement with PVH Corp
Monday, 22 May 2017 08:30am EDT 

May 22 (Reuters) - G-III Apparel Group Ltd : :G-III Apparel Group- entered multi-year license agreement with PVH Corp under which PVH will design,distribute menswear for DKNY brand in U.S., Canada.  Full Article

G-III Apparel Group Q4 loss per share $0.42
Monday, 27 Mar 2017 07:00am EDT 

G-III Apparel Group Ltd : G-III Apparel Group, Ltd. Announces fourth quarter and full-year fiscal 2017 results . Q4 loss per share $0.42 . Q4 sales $603 million versus I/B/E/S view $622.8 million . Q4 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Sees fy 2018 earnings per share $0.80 to $0.90 . Sees fy 2018 sales about $2.73 billion . Sees q1 2018 sales about $500 million . Q4 non-gaap loss per share $0.16 excluding items . G-III apparel group ltd - for first fiscal quarter ending april 30, 2017, company is forecasting net loss between $0.41 and $0.51 per share . Fy2018 earnings per share view $1.34, revenue view $2.89 billion -- Thomson Reuters I/B/E/S . G-III Apparel Group Ltd - anticipates that it will incur losses from Donna Karan operations during first half of fiscal 2018 . G-III Apparel Group Ltd - anticipates impact of operational losses and additional interest in q2 of fiscal 2018 will approximate q1 impact . G-III Apparel Group- anticipating fy 2018 non-gaap net income between approximately $49 million and $54 million, or between $0.99 and $1.09 per diluted share . G-III Apparel Group Ltd - on an adjusted basis, company is forecasting q1 2018 non-GAAP net loss between $0.35 and $0.45 per share .Q1 earnings per share view $-0.06, revenue view $555.5 million -- Thomson Reuters I/B/E/S.  Full Article

Macy's and G-III sign exclusive agreement for DKNY women's apparel and accessories
Monday, 27 Mar 2017 04:00am EDT 

Macy's Inc : Macy's and G-III sign exclusive agreement for DKNY Women's apparel and accessories . under agreement, Macy's will covers DKNY Women's apparel, handbags and shoes, in addition to women's and men's outerwear and swimwear .G-III will continue to operate freestanding global DKNY stores and DKNY.com.  Full Article

G-III Apparel Group Q3 earnings per share view $1.54
Thursday, 1 Dec 2016 04:05pm EST 

G-III Apparel Group Ltd : Q3 earnings per share $1.50 . Sees FY 2017 non-GAAP earnings per share $1.61 to $1.71 excluding items . G-III Apparel Group, Ltd. announces third quarter fiscal 2017 results . Q3 earnings per share view $1.54 -- Thomson Reuters I/B/E/S . Q3 sales $883 million versus I/B/E/S view $937.6 million . Now forecasting FY net sales of approximately $2.43 billion .G-III Apparel Group Ltd sees FY non-GAAP earnings per share between $1.86 and $1.96.  Full Article

G-III Apparel Group Q2 loss per share $0.03
Tuesday, 30 Aug 2016 07:00am EDT 

G-III Apparel Group Ltd : G-III Apparel Group, Ltd. announces second quarter fiscal 2017 results . Q2 loss per share $0.03 . Q2 sales $442.3 million versus I/B/E/S view $484.9 million . Sees FY 2017 adjusted non-gaap earnings per share $2.20 to $2.30 . Sees fiscal 2017 revenue about $2.48 billion . Sees fiscal 2017 earnings per share $2.16 to $2.26 . Sees Q3 earnings per share $1.50 to $1.60 . Sees Q3 2017 sales about $940 million . Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S . Q3 earnings per share view $2.02, revenue view $1.01 billion -- Thomson Reuters I/B/E/S . Says projecting adjusted EBITDA for fiscal 2017 to decrease from prior year between 2% and 5% .FY2017 earnings per share view $2.58, revenue view $2.56 billion -- Thomson Reuters I/B/E/S.  Full Article

G-Iii to acquire Donna Karan International from lvmh
Monday, 25 Jul 2016 08:46am EDT 

G-iii Apparel Group Ltd : G-Iii to acquire donna karan international from lvmh .Says deal for an enterprise value of $650 million.  Full Article

G-III Apparel Group to buy Donna Karan International from LVMH
Monday, 25 Jul 2016 02:12am EDT 

G-iii Apparel Group Ltd : To acquire donna Karan International from LVMH . G-Iii will acquire donna karan international in a transaction with an enterprise value of $650 million . Does not plan to update its financial guidance to reflect effect of acquisition until it has closed . Plans to fund deal through new indebtedness, $75 million of newly issued stock to lvmh, and a $75 million 6.5 year seller note . Expects acquisition to be dilutive in fiscal year ending january 31, 2018, and accretive thereafter .Barclays is acting as exclusive financial advisor to G-III.  Full Article

G-III Apparel Group Q1 earnings per share $0.06
Wednesday, 1 Jun 2016 07:00am EDT 

G-iii Apparel Group Ltd : Q1 earnings per share $0.06 . Q1 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Sees Q2 earnings per share $0.15 to $0.19 . Q1 sales $457 million versus i/b/e/s view $473.2 million . Iii apparel group ltd - full-year guidance for net sales and net income reaffirmed . Iii apparel group, ltd. Announces first quarter fiscal 2017 results . Sees q2 2017 sales about $485 million . Sees fy 2017 earnings per share $2.55 to $2.65 .Sees fy 2017 sales about $2.56 billion.  Full Article

G-III Apparel Group, Ltd. strengthens partnership with KARL LAGERFELD Brand
Thursday, 25 Feb 2016 04:00pm EST 

G-III Apparel Group, Ltd:Strengthens Partnership with KARL LAGERFELD Brand Through Minority Investment in Parent Companysayshat G-III has taken a 19% minority stake in the parent company.  Full Article

G-III Apparel Group Ltd revises FY 2016 guidance
Wednesday, 2 Dec 2015 07:00am EST 

G-III Apparel Group Ltd:Revised its prior guidance for FY 2016.Says that it is continuing to forecast net sales of about $2.40 billion.Expects FY 2016 net income to be between $124 million and $131 million, or a range between $2.67 and $2.82 per diluted share, compared to its previous guidance of net income between $129 million and $134 million, or a range between $2.78 and $2.88 per diluted share.Says current annual guidance includes other income items included in our results for the third quarter equal to $0.02 per share.Forecasts non-GAAP net income per diluted share for FY 2016 to increase by 17% to 24% to between $2.65 and $2.80.Projects adjusted EBITDA for FY 2016 to increase between 22% and 28% to between about $227 million and $238 million compared to previous guidance of adjusted EBITDA of between about $237 million and $245 million.Says forecasted and actual non-GAAP net income per share and forecasted and actual adjusted EBITDA reflect adjustments that exclude (i) items resulting in other income in FY 2016 equal to $0.02 per share, and (ii) items resulting in other income in FY 2015 equal to $0.2.  Full Article

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BRIEF-Adage Capital Partners files to report 5.34 percent passive stake in G-III Apparel Group

* Adage Capital Partners files to report 5.34 percent passive stake in G-III Apparel Group as of May 15, 2017 - SEC filing Source text for Eikon: Further company coverage: