G-III Apparel Expects Fiscal 2025 Adjusted EBITDA Of $295M-$300M Compared To Prior Guidance Of $290M-$295M
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G-III Apparel has updated its fiscal 2025 adjusted EBITDA guidance to $295M-$300M, up from the previous range of $290M-$295M.
June 06, 2024 | 11:17 am
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G-III Apparel has increased its fiscal 2025 adjusted EBITDA guidance to $295M-$300M, up from the previous range of $290M-$295M. This suggests a positive outlook for the company's financial performance.
The increase in EBITDA guidance indicates that G-III Apparel expects better financial performance than previously anticipated. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
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