G-III Apparel Group (GIII) Misses Q2 EPS by 21c; FY17 Guidance Cut

G-III Apparel Group (NASDAQ: GIII) reported Q2 EPS of ($0.03), $0.21 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $442.3 million versus the consensus estimate of $484.85 million.

GUIDANCE:

G-III Apparel Group sees FY2017 EPS of $2.16-$2.26, versus prior guidance of $2.55-$2.65 and the consensus of $2.58. G-III Apparel Group sees FY2017 revenue of $2.48 billion, versus prior guidance of $2.56 billion and the consensus of $2.56 billion.

For earnings history and earnings-related data on G-III Apparel Group (GIII) click here.

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