Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against G-III Apparel Group, Ltd. (“G-III” or the “Company”) (NASDAQ: GIII) on behalf of G-III stockholders. Our investigation concerns whether G-III has violated the federal securities laws and/or engaged in other unlawful business practices.
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On November 30, 2022, the Company announced third quarter fiscal 2023 results, which revealed that quarterly earnings per share missed analyst estimates. The Company also announced it was updating its guidance for fiscal year 2023, citing higher inventory levels causing “logistical challenges.” Following this announcement, the Company’s stock price dropped.
If you purchased or otherwise acquired G-III shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.