G-Iii Apparel Group Ltd
GIIIG-III Apparel Group Ltd is a fashion company that designs, manufactures, and markets apparel and accessories. It is known for licensing and producing products under various brand names, including popular sportswear, casual, and accessories brands. The company partners with major retailers and brand owners to bring a diverse range of stylish and innovative clothing to global markets.
Company News
G-III Apparel Group announced its second quarter fiscal 2026 financial results, reporting net income per diluted share of $0.25 and net sales of $613.3 million, which exceeded guidance. The company also repurchased $24.6 million worth of shares during the quarter.
G-III Apparel Group reported Q2 fiscal 2026 results with net sales of $613 million and GAAP diluted EPS of $0.25, experiencing challenges from expiring licenses and tariff costs while focusing on owned brand growth and digital transformation.
US stock futures declined as traders await key economic data releases. US-listed Chinese stocks fell after China pledged stimulus measures. Nvidia and AMD stocks also declined.
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