Shares of G-III Apparel Group (NASDAQ:GIII) moved lower by 1.52% in the past three months. Before having a look at the importance of debt, let us look at how much debt G-III Apparel Group has.
Looking at Q1, G-III Apparel Group (NASDAQ:GIII) earned $46.82 million, a 70.53% increase from the preceding quarter. G-III Apparel Group's sales decreased to $519.91 million, a 1.2% change since Q4. In Q4, G-III Apparel Group brought in $526.24 million in sales but only earned $27.46 million.