Last $86.07 USD
Change Today -0.57 / -0.66%
Volume 416.5K
GIII On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

g-iii apparel group ltd (GIII) Snapshot

Open
$87.42
Previous Close
$86.64
Day High
$87.44
Day Low
$84.87
52 Week High
09/3/14 - $92.00
52 Week Low
10/8/13 - $50.66
Market Cap
1.9B
Average Volume 10 Days
248.7K
EPS TTM
$3.85
Shares Outstanding
22.4M
EX-Date
--
P/E TM
22.4x
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. 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.

6,631 Employees
Last Reported Date: 03/31/14
Founded in 1956

g-iii apparel group ltd (GIII) 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 (GIII) Key Developments

G-III Apparel Group, Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2014; Revises Earnings Guidance for the Full Year Ending January 31, 2015; Provides Earnings Guidance for the Third Quarter Ending October 31, 2014

G-III Apparel Group, Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2014. For the quarter, the company announced net sales of $424,010,000 compared to $304,158,000 for the same period a year ago. Operating profit was $11,495,000 compared to $7,133,000 for the same period a year ago. Income before taxes was $9,530,000 compared to $5,383,000 for the same period a year ago. Net income was $5,908,000 compared to $3,338,000 for the same period a year ago. Income attributable to the company was $6,236,000 compared to $3,592,000 for the same period a year ago. Net income per common share, diluted was $0.29 compared to $0.17 for the same period a year ago. For the quarter ended July 31, 2014, the company reported that net sales, driven by a strong wholesale performance across several categories, increased by 39%. For the six months, the company announced net sales of $790,202,000 compared to $576,773,000 for the same period a year ago. Operating profit was $15,005,000 compared to $10,577,000 for the same period a year ago. Income before taxes was $11,287,000 compared to $7,049,000 for the same period a year ago. Net income was $6,998,000 compared to $4,371,000 for the same period a year ago. Income attributable to the company was $7,526,000 compared to $4,710,000 for the same period a year ago. Net income per common share, diluted was $0.35 compared to $0.23 for the same period a year ago. The company spent approximately $21 million on capital expenditures. The company revised its prior guidance for the full fiscal year ending January 31, 2015. The company is now forecasting net sales of approximately $2.11 billion and net income between $90.6 million and $93.9 million, or a range between $4.00 and $4.15 per diluted share, compared to its previous guidance of net sales of approximately $2.06 billion and net income between $87.9 million and $91.2 million, or a range between $4.05 and $4.20 per diluted share. The revised guidance includes $0.16 of dilution from the impact of the company’s recent sale of 1,725,000 shares in a public offering completed in June of this year. The company is now projecting adjusted EBITDA for fiscal 2015 to increase between 18% and 22% to between $174.0 million and $179.4 million compared to its previous guidance of adjusted EBITDA between approximately $170.2 million and $175.5 million. Depreciation and amortization expected to be $19,300,000, interest and financing charges, net expected to be $9,000,000, income tax expense expected to be between $55,100 and $57,200,000. capital expenditures expected to be between $30 million and $32 million. For its third fiscal quarter ending October 31, 2014, the company is forecasting net sales of approximately $805 million compared to $668.7 million in the comparable quarter last year. The company is also forecasting net income for the third fiscal quarter between $63.9 million and $67.3 million, or between $2.75 and $2.90 per diluted share, compared to net income of $59.6 million, or $2.85 per diluted share, in last year's third quarter. The revised third quarter guidance includes $0.21 of dilution from the impact of the company’s recent sale of 1,725,000 shares in a public offering completed in June of this year.

G-III Apparel Group, Ltd. to Report Q2, 2015 Results on Sep 03, 2014

G-III Apparel Group, Ltd. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Sep 03, 2014

G-III Apparel Group, Ltd., Q2 2015 Earnings Call, Sep 03, 2014

G-III Apparel Group, Ltd., Q2 2015 Earnings Call, Sep 03, 2014

 

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GIII

Industry Average

Valuation GIII Industry Range
Price/Earnings 22.8x
Price/Sales 0.9x
Price/Book 2.9x
Price/Cash Flow 19.9x
TEV/Sales 1.0x
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