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Last $70.00 USD
Change Today -0.03 / -0.04%
Volume 453.6K
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

g-iii apparel group ltd (GIII) Snapshot

Open
$69.60
Previous Close
$70.03
Day High
$70.79
Day Low
$68.72
52 Week High
07/13/15 - $73.93
52 Week Low
10/20/14 - $35.34
Market Cap
3.2B
Average Volume 10 Days
506.5K
EPS TTM
$2.49
Shares Outstanding
45.2M
EX-Date
--
P/E TM
28.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for G-III APPAREL GROUP LTD (GIII)

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g-iii apparel group ltd (GIII) Details

G-III Apparel Group, Ltd. designs, manufactures, and markets women’s and men’s apparel. It operates through three segments: Licensed Products, Non-Licensed Products, and Retail Operations. The company’s products include outerwear, dresses, sportswear, swimwear, women’s suits, and women’s performance wear. It also markets footwear, luggage and women’s handbags, small leather goods, and cold weather accessories. The company markets its apparel and other products under proprietary brands, such as the Andrew Marc, Marc New York, Vilebrequin, Bass, G.H. Bass, Black Rivet, Wilsons, Eliza J, Jessica Howard, G-III Sports by Carl Banks, and G-III for Her. G-III Apparel Group, Ltd. also licenses its products under the Calvin Klein, ck Calvin Klein, Guess, Guess?, Kenneth Cole NY, Reaction Kenneth Cole, Cole Haan, Levi's, Vince Camuto, Tommy Hilfiger, Jessica Simpson, Ivanka Trump, Jones New York, Ellen Tracy, Kensie, Dockers, and Mac & Jac brands, as well as have licenses with the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Touch by Alyssa Milano, Collegiate Licensing Company, Major League Soccer, and colleges and universities. The company 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, 2015, it operated 185 Wilsons Leather stores, 156 G.H. Bass stores, and 5 Calvin Klein performance stores. 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.

6,641 Employees
Last Reported Date: 03/30/15
Founded in 1956

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

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $11.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $1.0M
Chief Operating Officer and Secretary
Total Annual Compensation: $3.2M
Compensation as of Fiscal Year 2015.

g-iii apparel group ltd (GIII) Key Developments

G-III Apparel Group, Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2015; Provides Earnings Guidance for the Third Quarter Ending October 31, 2015; Revises Earnings Guidance for the Full Year Ending January 31, 2016

G-III Apparel Group, Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2015. For the quarter, the company announced net sales of $473,884,000 compared to $424,010,000 for the same period a year ago. Operating profit was $20,943,000 compared to $11,820,000 for the same period a year ago. Income before taxes was $19,766,000 compared to $9,530,000 for the same period a year ago. Net income attributable to the company was $12,453,000 compared to $6,236,000 for the same period a year ago. Net income per common share, diluted was $0.27 compared to $0.14 for the same period a year ago. Net sales were driven by robust wholesale and retail performance. The company spent approximately $17 million on capital expenditures in the second quarter of 2015 on a year-to-date basis. For the six months, the company announced net sales of $906,849,000 compared to $790,202,000 for the same period a year ago. Operating profit was $32,650,000 compared to $15,287,000 for the same period a year ago. Income before taxes was $30,497,000 compared to $11,287,000 for the same period a year ago. Net income attributable to the company was $19,213,000 compared to $7,526,000 for the same period a year ago. Net income per common share, diluted was $0.42 compared to $0.18 for the same period a year ago. The company provided earnings guidance for the third quarter ending October 31, 2015. For the quarter, the company expects to report GAAP diluted net income per share between $1.78 and $1.83 and non-GAAP diluted net income per share between $1.78 and $1.83. For third fiscal quarter ending October 31, 2015, the company is forecasting net sales of approximately $920.0 million compared to $812.3 million in the comparable quarter last year. The company is also forecasting net income for the third fiscal quarter between $83.0 million and $85.3 million. The company revised earnings guidance for the full year ending January 31, 2016. For the full year, the company expects to report GAAP diluted net income per share between $2.78 and $2.88 and non-GAAP diluted net income per share between $2.78 and $2.88. The company expects to report net income between $129,000,000 and $134,000,000, depreciation and amortization of $24,500,000, interest and financing charges, net of $6,500,000, income tax expense between $77,000,000 and $80,000,000, adjusted EBITDA, as defined between $237,000,000 and $245,000,000. The company is now forecasting net sales of approximately $2.40 billion. This would result in an increase of approximately 13% from the $2.1 billion of net sales in fiscal 2015. The company previously expected net sales of approximately $2.40 billion and net income between $123 million and $128 million, or a range between $2.66 and $2.76 per diluted share. The company expects the full year's capital expenditures to be between $39 million and $43 million, primarily due to leasehold improvements for new and remodeled Wilsons, G.H. Bass and Vilebrequin stores as well as fixturing costs at department stores.

G-III Apparel Group, Ltd. to Report Q2, 2016 Results on Sep 02, 2015

G-III Apparel Group, Ltd. announced that they will report Q2, 2016 results at 8:30 AM, Eastern Daylight on Sep 02, 2015

G-III Apparel Group, Ltd., Q2 2016 Earnings Call, Sep 02, 2015

G-III Apparel Group, Ltd., Q2 2016 Earnings Call, Sep 02, 2015

 

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Industry Analysis

GIII

Industry Average

Valuation GIII Industry Range
Price/Earnings 26.5x
Price/Sales 1.4x
Price/Book 4.1x
Price/Cash Flow 21.7x
TEV/Sales 1.4x
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