G-III Apparel reports Q2 EPS 25c, consensus 9c

Reports Q2 revenue $613.266M, consensus $571.15M. Morris Goldfarb, G-III’s Chairman and Chief Executive Officer, said, “In the second quarter, we exceeded expectations across both net sales and earnings, driven by the strong momentum of our go-forward portfolio, led by DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin. These results highlight our ability to execute on our strategic priorities and leverage our powerful corporate platform to maximize the full potential of our globally recognized brands.”