From Stockstory.org does not belong to a specific media company.: 2025-06-06 16:18:00

Shares of G-III (NASDAQ:GIII) dropped 18.7% after reporting underwhelming first quarter 2025 results, with sales falling by 4% due to supply chain disruptions and timing issues. However, the company exceeded analysts’ EPS expectations and its full-year revenue guidance slightly exceeded estimates. The stock closed at $22.51, down 18.6% from the previous close. The market’s reaction indicates a significant impact on the business perception. G-III is down 28.5% since the beginning of the year and trading 36.6% below its 52-week high. Consider the impact of generative AI on large corporations and explore investment opportunities.



Read more at Stockstory.org does not belong to a specific media company.: Why G-III (GIII) Shares Are Getting Obliterated Today