American firm G-II Apparel’s sales rise to $609.7 mn in Q1 FY25

G-III Apparel Group reported Q1 FY25 net sales of $609.7 million, slightly up from $606.6 million last year.
Net income rose to $5.8 million ($0.12 per diluted share) from $3.2 million ($0.07 per share).
For FY25, the company projects net sales of $3.20 billion and net income of $170-$175 million.
Q2 FY25 sales are expected to be $650 million.

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