G-III Apparel reports higher fiscal Q2 profit as sales decline
G-III Apparel posted fiscal second-quarter profit of $20.2 million, or 46 cents a share, for the three months ended July 31, even as net sales fell and came in below expectations.
By Connor HartG-III Apparel reported higher earnings in its fiscal second quarter, even as net sales fell and came in below expectations.The owner of Marc Jacobs and DKNY on Wednesday posted a profit of $20.2 million, or 46 cents a share, for its three months ended July 31.
That compares with a pro…