G-III Apparel Group Ltd (GIII)

Net profit margin

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income	US$ in thousands	176,168	-133,061	200,593	23,545	143,837
Revenue	US$ in thousands	3,092,530	3,227,190	2,774,520	2,048,160	3,150,670
Net profit margin		5.70%	-4.12%	7.23%	1.15%	4.57%

January 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $176,168K ÷ $3,092,530K
= 5.70%

The net profit margin of G-III Apparel Group Ltd has fluctuated over the past five years. In the most recent fiscal year, ending on January 31, 2024, the net profit margin stood at 5.70%, marking a positive increase from the previous year's negative margin of -4.12%. This improvement suggests better control over costs and more effective revenue generation strategies.

However, the trend over the past five years shows variability in the company's profitability. In the fiscal year ending January 31, 2022, the net profit margin was relatively high at 7.23%, indicating a strong profitability position. On the other hand, the margins in the fiscal years ending 2021 and 2020 were lower at 1.15% and 4.57%, respectively, reflecting potential challenges in maintaining consistent profitability.

Overall, G-III Apparel Group Ltd needs to focus on sustaining and improving its net profit margin to ensure long-term financial health and viability. Continuously monitoring and optimizing expenses, enhancing revenue streams, and implementing efficient operational strategies could contribute to maintaining a healthy and stable net profit margin in the future.