The clothing maker swung to Q2 profit of 15 cents, beating views by 17 cents. Sales rose 39% to $189 mil, above views. G-III Apparel (NMS:GIII)said Aug. sales were strong and it was seeing an improvement in gross margins. The company licenses clothes and accessories under the Calvin Kline, Sean John and Kenneth Cole (NYSE: - ) lines. It raised full-year EPS outlook to $2.60-$2.70 vs. views of $2.33. It rose 16% to 28.01. Emma Rugg
G-III tops on strong Aug. sales
The clothing maker swung to Q2 profit of 15 cents, beating views by 17 cents. Sales rose 39% to $189 mil, above views. G-III Apparel (NMS:GIII)said Aug. sales were strong and it was seeing an improvement in gross margins. The company licenses clothes and accessories under the Calvin Kline, Sean John and Kenneth Cole (NYSE: - ) lines. It raised full-year EPS outlook to $2.60-$2.70 vs. views of $2.33. It rose 16% to 28.01. Emma Rugg