Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

G-III Apparel Group Ltd Raises FY 2014 Guidance; Issues Q3 2014 Guidance; Earnings Guidance Below Analysts' Estimates


Wednesday, 4 Sep 2013 07:00am EDT 

G-III Apparel Group Ltd revised its prior guidance for fiscal 2014. The Company is now forecasting net sales of approximately $1.61 billion and net income between $68.6 million and $70.6 million, or a range between $3.30 and $3.40 per diluted share, compared to its previous guidance of net sales of approximately $1.57 billion and net income between $66.3 million and $68.4 million, or a range between $3.20 and $3.30 per diluted share. The Company is now projecting adjusted EBITDA for fiscal 2014 to increase between 16% and 19% to between $132.3 million and $135.4 million compared to its previous guidance of adjusted EBITDA between approximately $129.5 million and $132.8 million. For third quarter of 2014, it expects net sales of approximately $620.0 million, net income to be between $52.2 million and $54.2 million, or between $2.52 and $2.62 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.56 billion, net income of $67.6 million, EPS of $3.30 and EBITDA of $130.8 million for fiscal 2014; revenue of $596.8 million, net income of $54.8 million and EPS of $2.67 for the third quarter of 2014. 

Company Quote

99.55
0.02 +0.02%
26 Dec 2014