G-III Apparel Expects Fiscal 2025 Sales Of Approximately $3.20B Compared To Consensus Of $3.20B, With Adjusted EPS Of $3.58-$3.68 Vs Prior Guidance Of $3.50-$3.60 And Consensus Of $3.55
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G-III Apparel Group expects fiscal 2025 sales of approximately $3.20 billion, matching the consensus estimate. The company has updated its adjusted EPS guidance to a range of $3.58-$3.68, which is higher than the prior guidance of $3.50-$3.60 and the consensus estimate of $3.55.
June 06, 2024 | 11:16 am
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G-III Apparel Group has updated its fiscal 2025 sales forecast to $3.20 billion, in line with consensus estimates. The company also raised its adjusted EPS guidance to $3.58-$3.68, higher than both prior guidance and consensus estimates.
The updated EPS guidance is higher than both the prior guidance and consensus estimates, which is likely to be viewed positively by investors. The sales forecast being in line with consensus also provides stability.
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