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G-III Apparel Group Ltd (GIII.OQ)

GIII.OQ on NASDAQ Stock Exchange Global Select Market

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16 Aug 2017
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Latest Key Developments (Source: Significant Developments)

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

PVH Corp's Tommy Hilfiger announces license agreement with G-III Apparel Group Ltd for women's dress collection
Friday, 2 Oct 2015 09:00am EDT 

Tommy Hilfiger, which is owned by PVH Corp, and G-III Apparel Group Ltd:Enter into license agreement to introduce a line of women's dresses inspired by the Tommy Hilfiger brand's fresh take on classic, American, cool style.Beginning February 2016, the collection will be available at select department stores, including Macy's, specialty stores, and e-commerce partners in the United States and Canada.  Full Article

G-III Apparel Group Ltd raises prior FY 2016 earnings guidance
Wednesday, 2 Sep 2015 07:30am EDT 

G-III Apparel Group Ltd:Says that it has revised its prior guidance for FY 2016.Sees FY 2016 net sales of about $2.40 billion.Sees FY 2016 net income between $129 million and $134 million, or a range between $2.78 and $2.88 per diluted share.  Full Article

BRIEF-G-III Apparel reports Q1 loss of $0.21/shr

* G-III Apparel Group, Ltd. announces first quarter fiscal 2018 results