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G-III Apparel: Fiscal Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Thursday reported a loss of $31.9 million in its fiscal fourth quarter.

The New York-based company said it had a loss of 76 cents per share. Earnings, adjusted for one-time gains and costs, were 30 cents per share.

The clothing and accessories maker posted revenue of $771.5 million in the period.

For the year, the company reported profit of $67.4 million, or $1.51 per share. Revenue was reported as $2.96 billion.

For the current quarter ending in April, G-III Apparel expects its results to range from a loss of 40 cents per share to a loss of 30 cents per share.

The company said it expects revenue in the range of $530 million for the fiscal first quarter.

G-III Apparel expects full-year earnings in the range of $2 to $2.10 per share, with revenue expected to be $2.71 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIII at https://www.zacks.com/ap/GIII

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