G-III Apparel (GIII $34.55 -3.92) reported a first quarter loss of
$0.03 per share, $0.07 worse than the Thomson Reuters consensus of $0.04.
Revenues rose 27.6% year/year to $196.9 million versus the $195.4 million
consensus.
In the second quarter, the company is expecting to report earnings of $0.18 to
$0.22 versus $0.22 Thomson Reuters consensus and sees revenues of approx. $215
million versus the $221.24 million Thomson Reuters consensus.
For fiscal year 2012, the company expects earnings to fall in the range of $3.15
to $3.25 versus the $3.25 Thomson Reuters consensus and sees revenues of approx.
$1.2 billion versus the $1.21 billion Thomson Reuters consensus.






