NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Friday reported earnings of $7.8 million in its fiscal first quarter.
On a per-share basis, the New York-based company said it had profit of 17 cents. Earnings, adjusted for severance costs, came to 19 cents per share.
The clothing and accessories maker posted revenue of $583.6 million in the period.
For the current quarter ending in July, G-III Apparel said it expects revenue in the range of $570 million.
The company expects full-year revenue of $3.14 billion.
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