G-III Apparel Group reported a 1 per cent drop in Q3 FY24 net sales to $1.07 billion, but net income surged to $127.6 million.
Non-GAAP net income per diluted share rose to $2.78.
For FY24, the company forecasts $3.15 billion in sales, $175-180 million in net income, and $3.75-3.85 EPS.
Adjusted EBITDA is expected to be $317-322 million in FY24.G-III Apparel Group reported a 1 per cent drop in Q3 FY24 net sales to $1.07 billion, but net income surged to $127.6 million.
Non-GAAP net income per diluted share rose to $2.78.
For FY24, the company forecasts $3.15 billion in sales, $175-180 million in net income, and $3.75-3.85 EPS.
Adjusted EBITDA is expected to be $317-322 million in FY24.
