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Article Date: December 2017
Word Count: 140

G-III Apparel Group Raises FY Guidance Again


Net income jumped 16% to $81,625,000 from $70,564,000 in the third quarter ended Oct. 31 on revenues that were also up 16% to $1,024,993,000 from $883,476,000 boosted by $88.0 million in DKNY and Donna Karan sales. The results exceeded plan in what is GIII’s most important quarter as it sells in for Holiday, and it raised its full-year guidance for net income of $66 to $71 million, up from $56 ... Log in to view full article.

 

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