G-III Apparel Sees FY25 Revenue Of $3.20B Vs. $3.88B Est.
Portfolio Pulse from Benzinga Newsdesk
G-III Apparel projects its FY25 revenue to be $3.20 billion, which is below the estimated $3.88 billion.
March 14, 2024 | 11:05 am
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NEGATIVE IMPACT
G-III Apparel's FY25 revenue projection of $3.20 billion falls short of the expected $3.88 billion, indicating potential challenges ahead.
The significant shortfall in projected revenue compared to estimates suggests potential operational or market challenges for G-III Apparel, likely leading to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100