Benzinga | Sep 9, 2020 07:17AM EDT

G-III Apparel Group Q2 EPS $(0.31) Beats $(0.77) Estimate, Sales $297.21M Miss $327.39M Estimate

G-III Apparel Group (NASDAQ:GIII) reported quarterly losses of $(0.31) per share which beat the analyst consensus estimate of $(0.77) by 59.74 percent. This is a 234.78 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $297.21 million which missed the analyst consensus estimate of $327.39 million by 9.22 percent. This is a 53.84 percent decrease over sales of $643.89 million the same period last year.