G-III Apparel Group Q3 net sales up 16 percent, raises outlook

For the third quarter ended October 31, 2017, G-III reported that net sales increased 16 percent to 1.02 billion dollars. This increase, the company said, includes net sales of approximately 88 million dollars of our DKNY and Donna Karan products. The company's net income increased to 81.6 million dollars or 1.65 dollars per diluted share from 70.6 million dollars or 1.50 dollars per diluted share, in the prior year's comparable period. Non-GAAP net income per share for the third quarter of fiscal 2018 was 1.67 dollars.