Why G-III Apparel Stock Was Soaring Today
GIIIG-III Apparel (GIII) The Motley Fool·2024-09-06 02:03

Shares of the apparel company gained on better-than-expected quarterly profits. Shares of G-III Apparel (GIII 22.62%) were on the move today, jumping after the apparel licensing company posted better-than-expected results in its fiscal 2025 second-quarter earnings report. As of 1:03 p.m. ET, the stock was up 24.3% on the news. G-III soars again Revenue in the quarter ended July 31 continued to decline at G-III, falling 2% to $644.8 million, which was below estimates at $649.4 million. G-III owns brands like ...