India, June 5 -- While reporting financial results for the first quarter on Friday, G-III Apparel Group, Ltd. (GIII) provided its earnings, adjusted earnings and net sales guidance for the second quarter and raised its earnings and adjusted earnings outlook for full-year 2027, based on strong first-quarter results.
For the second quarter, the company expects earnings and adjusted earnings in a range of $0.15 to $0.25 per share on net sales of about $570 million.
Looking ahead to fiscal 2027, the company now projects earnings in a range of $3.85 to $3.95 per share and adjusted earnings in a range of $2.15 to $2.25 per share, up from the prior earnings and adjusted earnings forecast range of $2.00 to $2.10 per share.
The Company said its u...