G-III Apparel Group (GIII) Sank To A New Low After Weak Q4 Report

G-III Apparel Group (GIII) reported a fourth quarter adjusted loss of $0.16 per share Monday morning, compared to a profit of $0.17 per share last year. Analysts expected a loss of $0.10. The company expects to report a first quarter adjusted loss of $0.45 to $0.35 per share. Street expectations are for a loss of $0.03.

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