G-III Apparel: Fiscal Q1 Earnings Snapshot

G-III Apparel Group Ltd. reported a fiscal Q1 profit of $66.5 million with net income of $1.50 per share and revenue of $536 million. The company projected Q2 earnings between 15 to 25 cents per share and full-year earnings of $2.15 to $2.25 per share, with revenue expected to reach $2.71 billion.