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Last €100.75 EUR
Change Today +0.75 / 0.75%
Volume 0.0
GI4 On Other Exchanges
Symbol
Exchange
Berlin
As of 3:09 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

g-iii apparel group ltd (GI4) Snapshot

Open
€101.16
Previous Close
€100.00
Day High
€101.16
Day Low
€100.75
52 Week High
03/20/15 - €104.28
52 Week Low
05/9/14 - €50.22
Market Cap
2.3B
Average Volume 10 Days
10.0
EPS TTM
--
Shares Outstanding
22.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for G-III APPAREL GROUP LTD (GI4)

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g-iii apparel group ltd (GI4) Details

G-III Apparel Group, Ltd. designs, manufactures, and markets women’s and men’s apparel. The company’s products include outerwear, dresses, sportswear, swimwear, women’s suits, and women’s performance wear. It also markets footwear and accessories, such as luggage, women’s handbags, small leather goods, and cold weather accessories. The company markets its apparel and other products under proprietary brands, including the Bass, G.H. Bass, Vilebrequin, Andrew Marc, Marc New York, Jessica Howard, Eliza J, Black Rivet, Wilsons G-III Sports by Carl Banks, and G-III for Her, as well as under various licensed and private label brands. G-III Apparel Group, Ltd. offers its products to department, specialty, and mass merchant retail stores, as well as upper tier stores and catalogs primarily in the United States, Canada, Europe, and the Far East. As of January 31, 2014, it operated 426 retail stores, including 165 Wilsons Leather stores, 156 G.H. Bass stores, 5 Andrew Marc stores, and 70 Vilebrequin retail stores, as well as licensed Calvin Klein retail stores comprising 3 stores in the United States and 27 in China. In addition, the company sells its products through Wilson’s Leather, G.H. Bass, Andrew Marc, and Vilebrequin Websites. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

Founded in 1956

g-iii apparel group ltd (GI4) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $8.7M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $925.0K
Chief Operating Officer and Secretary
Total Annual Compensation: $2.5M
Senior Advisor and Director
Total Annual Compensation: $616.7K
Compensation as of Fiscal Year 2014.

g-iii apparel group ltd (GI4) Key Developments

G-III Apparel Group, Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2015; Provides Earnings Guidance for the First Fiscal Quarter Ending April 30, 2015 and Year Ending January 31, 2016

G-III Apparel Group, Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended January 31, 2015. For the quarter, the company reported net sales of $514,323,000 compared to $472,755,000 a year ago. Operating profit was $36,328,000 compared to $21,856,000 a year ago. Income before taxes was $33,912,000 compared to $19,441,000 a year ago. Net income attributable to the company was $22,220,000 or $0.96 per diluted share compared to $13,055,000 or $0.62 per diluted share a year ago. Non-GAAP diluted net income per common share was $0.98 compared to $0.62 a year ago. For the year, the company reported net sales of $2,116,855,000 compared to $1,718,231,000 a year ago. Operating profit was $164,895,000 compared to $130,827,000 a year ago. Income before taxes was $168,441,000 compared to $122,228,000 a year ago. Net income attributable to the company was $110,361,000 or $4.97 per diluted share compared to $77,360,000 or $3.71 per diluted share a year ago. Non-GAAP diluted net income per common share was $4.54 compared to $3.74 a year ago. For the fiscal year ended January 31, 2015, adjusted EBITDA increased by 27% to $186.6 million from $146.5 million in the prior fiscal year. In fiscal 2015, the company spent approximately $43 million on capital expenditures, primarily for leasehold improvements for new and existing retail stores, fixturing costs at department stores, the integration of the G.H. Bass business onto the distribution platform and leasehold improvements at the corporate office. The company provided earnings guidance for the first fiscal quarter ending April 30, 2015 and year ending January 31, 2016. For the first fiscal quarter ending April 30, 2015, the company is forecasting net sales of approximately $406 million and net income between $1.1 million and $3.5 million, or between $0.05 and $0.15 per diluted share. This compares to net sales of $366.2 million and net income of $1.3 million, or $0.06 per diluted share, in the first fiscal quarter of last year. For fiscal 2016, the company is forecasting net sales of approximately $2.37 billion and net income between $116 million and $122 million or between $5.05 and $5.25 per diluted share. The company is also projecting adjusted EBITDA for fiscal 2016 to be between $214 million and $224 million. Depreciation and amortization expects to be $24,000,000. The company expects effective tax rate to be under 37%.

G-III Apparel Mulls Acquisitions

G-III Apparel Group, Ltd. (NasdaqGS:GIII) is seeking acquisitions. Morris Goldfarb, G-III's Chairman, Chief Executive Officer and President, said, "We will continue on our strategic path, which incorporates a combination of organic and acquisition-related growth. Our overall strategy is designed to drive continued growth and support our ability to consistently deliver superior levels of value to our shareholders."

Genesco and G-III Apparel Seals Wholesale License Agreement to Design, Distribute and Market Footwear

Genesco (GCO) and G-III Apparel (GIII) announced after the close on March 23, 2015 that they sealed a wholesale license agreement whereby GCO will design, distribute and market footwear of G-III Apparel's G.H. Bass brand. The first shipments are expected for the Spring 2016 season, with distribution to take place through department and specialty stores. This latest agreement represents the fourth licensing deal that G-III has signed since acquiring the G.H. Bass brand in 2013.

 

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Price/Earnings 22.5x
Price/Sales 1.2x
Price/Book 3.4x
Price/Cash Flow 19.2x
TEV/Sales 1.1x
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