Jun. 9 at 2:20 PM
$GIII beats Q1 estimates, but what’s next with declining sales? 🤔
🛍️ EPS of 19 cents vs. 12-cent estimate — up 58.3% from the year-earlier quarter
📉 Net sales dip 4.3% YoY to
$583.6M, yet still beat expectations
📈 Retail segment shines with sales up from
$31 million to
$36 million
Discover full insights on GIII’s performance and outlook here 👉 https://www.zacks.com/commentary/2490548/g-iii-apparel-q1-earnings-beat-estimates-retail-sales-rise-yy?cid=sm-stocktwits-2-2490548-body&ADID=SYND_STOCKTWITS_TWEET_2_2490548_BODY