G-III Apparel Group Ltd. (Nasdaq: GIII) disappointed with sharply lower fourth quarter earnings of 17 cents per share that fell far short of expectations compared with 49 cents per share in the year ago period and forecast current quarter earnings below estimates. The stock price plummeted $10.71 to close at $44.52.
Earnings plunge for G-III
March 22, 2016 at 19:31 PM EDT
