Why is G-III clothing stock shot higher today?

G-III clothing group Ltd. (Nasdaq: Giii) The shares will be traded higher on Thursday after the result of the fourth quarter in Premarket on Thursday.

The company reported the sales growth of the fourth quarter of 9.8% compared to the previous year to $ 839.535 million and exceeded the analyst consensus estimate of USD 807.590 million.

The gross profit rose by 17.6% y/y to $ 331.6 million, with the margin increased by 270 basis points to 39.5%.

The sales, general and administrative costs rose by 10.9% to USD 244.9 million. The operating margin was 8.5% and the operating result for the quarter was 55% to $ 31.7 million.

Displayed EPS of USD 1.27 exceeded the consensus estimate of $ 0.97.

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As of January 31, 2025, the company held cash and equivalent of $ 181.4 million. Inventory In the GJ 25% to $ 478.1 million by 8% to $ 520.4 million in the previous year.

“The 2025 financial year was an incredible year that was characterized by robust growth of the upper and lower line. Our first -class teams showed a strong execution of our strategic priorities, including the provision of four new brands on the market and the oversized growth of our own brands, ”said Chairman and CEO Morris gold color.

outlook: G-III recorded 26 sales of around $ 3.14 billion, compared to $ 3.18 billion for the 2025 financial year and the estimate of $ 3.23 billion.

The company expects 26 an adjusted EPS of $ 4.15 to $ 4.25 compared to $ 4.10. G-III sees the GJ26 adjusted EBITDA of $ 310 million to USD 315.0 million.

Prize: G-III shares were traded in Premarket on Thursday by 14.4% on Thursday.

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