Investing.com - G-III Apparel reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
G-III Apparel announced earnings per share of $1.35 on revenue of $1.08B. Analysts polled by Investing.com anticipated EPS of $1.81 on revenue of $1.06B.
G-III Apparel shares are down 21% from the beginning of the year , still down 33.97% from its 52 week high of $32.76 set on Wednesday, December 1, 2021.
G-III Apparel shares lost 7.21% in after-hours trade the report.
G-III Apparel follows other major Consumer Discretionary sector earnings this month
G-III Apparel's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of $4.24 on revenue of $38.9B, compared to forecasts EPS of $4.12 on revenue of $37.92B.
Toyota Motor ADR had missed expectations on Tuesday, November 1, 2022 with second quarter EPS of $2.14 on revenue of $62.24B, compared to forecast for EPS of $3.5 on revenue of $62.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar