G-III cut its fiscal 2020 earnings guidance to a range of $154 to $159 million from $163 to $168 million on a $12 million projected impact of List 4 tariffs, but raised its top line forecast for the year to $3.30 billion up from $3.28 billion. Net income in the second quarter improved 10% to $11,119,000 from $10,077,000 on 3% higher revenue of $643,892,000 against $624,698,000 that included an 8% increase in wholesale sales. Retail sales were down 22% as GIII continues to ... Log in to view full article.