G-III Apparel Group (GIII) Plunged To A New Low After Weak Q2 Report

G-III Apparel Group (GIII) reported a second quarter loss of $0.03 Tuesday morning, compared to the profit of $0.27 in the previous year. The consensus estimate was for a profit of $0.18. The company expects to report full year 2017 adjusted EPS of $2.20 to $2.30. Street expectations are for EPS of $2.58.

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