G-III's Mixed Q3: Profits Beat Expectations, Revenue Concerns Persist

G-IIIs Q3 earnings show mixed results: sales down, profits up; full-year revenue forecast lowered, but earnings guidance raised; CEO Morris Goldfarb attributes success to strong brand portfolio and full-price sales; stock trades up over ten percent post-announcement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.