G-III Apparel (GIII) Q4 Earnings Beat, Sales Decline Y/Y
G-III Apparel (GIII) Zacks Investment Research·2024-03-15 00:21
G-III Apparel Group, Ltd. (GIII) has posted fourth-quarter fiscal 2024 earnings, which beat the Zacks Consensus Estimate and improved year over year. However, sales missed the consensus mark and fell year over year.The company's diverse business model and disciplined operating approach notably strengthened its financial position. By the end of the year, G-III boasted a net cash position and more than a billion dollars in liquidity, reflecting its robust credit profile and financial health.G-III has also ini ...