G-III beats Q3; raises FY22 guidance to highest annual earnings in history

G III APPAREL GROUP LTD /DE/

2022-Q3 EPS reported $3.07 revenue$2,018,383,000

Q3 net sales $1.02B, up 22.8% YoY from $826.6M; diluted EPS $2.16 vs $1.29.
FY22 guidance raised: net sales ~$2.77B, net income $180M-$190M ($3.65-$3.75/share).
Previous FY22 guidance was net sales ~$2.70B and earnings $155M-$165M ($3.10-$3.20).
CEO cites strong demand across brands; supply chain costs factored into guidance.
Wilsons Leather and G.H. Bass store closures completed in FY21; no ongoing retail losses.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.