G-III Apparel Group (Nasdaq: GIII) reported earnings on June 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 30 (Q1), G-III Apparel Group beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share increased.

Margins grew across the board.

Revenue details
G-III Apparel Group logged revenue of $272.6 million. The eight analysts polled by S&P Capital IQ predicted sales of $266.9 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $229.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.05. The eight earnings estimates compiled by S&P Capital IQ predicted -$0.05 per share. GAAP EPS were $0.05 for Q1 against -$0.04 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 33.9%, 400 basis points better than the prior-year quarter. Operating margin was 1.3%, 130 basis points better than the prior-year quarter. Net margin was 0.4%, 80 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $286.5 million. On the bottom line, the average EPS estimate is $0.10.

Next year's average estimate for revenue is $1.57 billion. The average EPS estimate is $3.29.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 115 members out of 128 rating the stock outperform, and 13 members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give G-III Apparel Group a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on G-III Apparel Group is outperform, with an average price target of $44.00.

Selling to fickle consumers is a tough business for G-III Apparel Group or anyone else in the space. But some companies are better equipped to face the future than others. In a new report, we'll give you the rundown on three companies that are setting themselves up to dominate retail. Click here for instant access to this free report.