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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. G-III Apparel Group's Net Income for the three months ended in Jan. 2024 was $29 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $176 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. G-III Apparel Group's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $0.61.
The historical data trend for G-III Apparel Group's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
G-III Apparel Group Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
Net Income | Get a 7-Day Free Trial | 143.84 | 23.55 | 200.59 | -133.06 | 176.17 |
G-III Apparel Group Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Net Income | Get a 7-Day Free Trial | -261.12 | 3.24 | 16.44 | 127.64 | 28.85 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
G-III Apparel Group's Net Income for the fiscal year that ended in Jan. 2024 is calculated as
Net Income | (A: Jan. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 240.599 | + | -65.859 | + | 0 | + | 1.428 |
= | 176 |
G-III Apparel Group's Net Income for the quarter that ended in Jan. 2024 is calculated as
Net Income | (Q: Jan. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 38.191 | + | -10.208 | + | 0 | + | 0.871 |
= | 29 |
Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $176 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
G-III Apparel Group (NAS:GIII) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
G-III Apparel Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as
Earnings per Share (Diluted) (Q: Jan. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (28.854 | - | 0) | / | 47.024 | |
= | 0.61 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of G-III Apparel Group's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Neal Nackman | officer: Chief Financial Officer/Treas | C/O G-III APPAREL GROUP LTD, 512 SEVENTH AVENUE, NEW YORK NY 10019 |
Laura H Pomerantz | director | |
Alan Feller | director | C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018 |
Sammy Aaron | director, officer: Vice Chairman | C/O GIII APPAREL GROUP, 512 SEVENTH AVENUE, NEW YORK NY 10019 |
Andrew Yaeger | director | 512 SEVENTH AVE., NEW YORK NY 10018 |
Joyce F Brown | director | C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022 |
Michael A Shaffer | director | C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016 |
Morris Goldfarb | director, 10 percent owner, officer: Chief Executive Officer | C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018 |
Amigo Victor Herrero | director | C/O CHW ACQUISITION CORPORATION, 2 MANHATTANVILLE ROAD, SUITE 403, PURCHASE NY 10577 |
Jeffrey David Goldfarb | director, other: Dir. of Business Develop. | G-III APPAREL, 512 SEVENTH AVENUE, NEW YORK NY 10018 |
Patti H Ongman | director | C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202 |
Lisa W Wardell | director | 5900 RYLAND DRIVE, BETHESDA MD 20817 |
Thomas Brosig | director | C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018 |
Wayne S Miller | officer: Chief Operating Officer | C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018 |
Robert L Johnson | director | C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814 |
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