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Stock impact report

G-III Apparel Group, Ltd. Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Provides Fiscal 2025 Outlook [Yahoo! Finance]

G-III Apparel Group, LTD. (GIII) 
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.g-iii.com
Company Research Source: Yahoo! Finance
Net Income Per Diluted Share of $3.75 for Fiscal Year 2024 Compared to a Net Loss of $(2.79) Per Share Last Year and Meets Guidance Non-GAAP Net Income Per Diluted Share of $4.04 for Fiscal Year 2024 Compared to $2.85 Last Year and Exceeds Guidance Ended Fiscal Year 2024 in a Net Cash Position of $90.0 Million With Over $1.00 Billion in Liquidity Inventories Decreased 27% Compared to Last Year NEW YORK, March 14, 2024 BUSINESS WIRE )--G-III Apparel Group, Ltd. (NasdaqGS: GIII) today reported results for the fourth quarter and full fiscal year ended January 31, 2024. Morris Goldfarb, G-III's Chairman and Chief Executive Officer, said, "This year was important for G-III as we began to execute on our path for the future, while delivering strong profitability. We delivered strong growth with DKNY, Karl Lagerfeld and Vilebrequin, increasing penetration of our higher margin, owned brands to 47% of fiscal 2024 net sales, up from 40% last year. Our diverse business model and discip Show less Read more
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