G-III Apparel Group: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
G-III Apparel Group (NASDAQ:GIII) reported Q1 earnings with an EPS of $0.13, beating estimates by 230.0%. However, revenue was down $82.17 million compared to the same period last year.
June 06, 2023 | 11:05 am
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G-III Apparel Group's Q1 earnings beat estimates with an EPS of $0.13, a 230.0% increase. However, revenue was down $82.17 million compared to last year.
G-III Apparel Group's Q1 earnings beat estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100