Not every stock that gets roughed up deserves it. Four first-quarter casualties that I think have good recovery potential are U.S. Steel, Humana, Universal Corp. and G-III Apparel.
While reporting financial results for the third quarter on Tuesday, G-III Apparel Group, Ltd. (GIII) raised its earnings, adjusted earnings and net sales guidance for the full-year 2024.
Although the revenue and EPS for G-III Apparel (GIII) give a sense of how its business performed in the quarter ended July 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
G-III Apparel Group, Ltd. (GIII) reported that its second quarter net income to G-III Apparel Group declined to $16.4 million from $36.3 million, prior year. Net income per share was $0.
Basic apparel maker HanesBrands, Inc. (HBI) Thursday said it has entered into a strategic multi-year license agreement for Champion and C9 Champion Outerwear with G-III Apparel Group, Ltd.