Why G-III Apparel Stock Was Falling Today

04:25pm, Thursday, 14'th Mar 2024
A strategy to cut inventory led to a top-line miss but better-than-expected profits. G-III is increasing its focus on owned brands.
G-III Apparel (GIII) is poised for growth with the launch of brands like Donna Karan, Nautica and Halston.
G-III Apparel Group (GIII) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.41 per share a year ago.
In the closing of the recent trading day, G-III Apparel Group (GIII) stood at $31.85, denoting a +0.44% change from the preceding trading day.
In the closing of the recent trading day, G-III Apparel Group (GIII) stood at $31.34, denoting a +1.23% change from the preceding trading day.
The Zacks Textile - Apparel industry companies are benefiting from their strong omnichannel businesses. The focus on bolstering brands is working well for lululemon (LULU), Ralph Lauren (RL), PVH Corp
In the latest trading session, G-III Apparel Group (GIII) closed at $29.89, marking a -0.43% move from the previous day.
In the latest trading session, G-III Apparel Group (GIII) closed at $30.91, marking a +0.55% move from the previous day.
With things looking up for the economy, consumer outlays are set to improve, helping stocks such as GIII Apparel Group (GIII), Acushnet (GOLF), Hooker Furniture (HOFT), Netflix (NFLX) and Royal Caribb
G-III Apparel's (GIII) brand power and solid business strategies appear encouraging. Its digital business also looks good.
Does G-III Apparel Group (GIII) have what it takes to be a top stock pick for momentum investors? Let's find out.
G-III Apparel (GIII) reported earnings 30 days ago. What's next for the stock?
We have shortlisted five stocks ??? SPLK, WDAY, NVDA, GIII and CASY?
Here is how G-III Apparel Group (GIII) and Royal Caribbean (RCL) have performed compared to their sector so far this year.
G-III Apparel (GIII), U.S. Cellular (USM) and Frontdoor (FTDR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
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