G-iii Apparel Group, Ltd. · NASDAQ:GIII
G-iii Apparel — Investor Presentation (January 2005)
21 slides from G-iii Apparel's investor presentation, Jan 13, 2005
Slide 1: G-III Apparel Group, Ltd.
G-III APPAREL GROUP, LTD.
Slide 2: Safe Harbor
2 Statements concerning the Company's business outlook or future economic performance, anticipated revenues, expenses or other financial items; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditio
Slide 3: G-III Apparel Group
3 NASDAQ: GIII Market Cap: Approximately $50 million Specializes in branded consumer apparel G-III Apparel Group, Ltd. is a leading manufacturer and distributor of outerwear and sportswear under licensed labels, our own labels and private labels. The Company has fashion licenses with Kenneth Cole, N
Slide 4: Our Strengths
4 Dominant niche position as one of the largest outerwear wholesalers Established position in Sports Apparel Broad array of strong brands Balanced mix of distribution Significant opportunities for growth Strong sourcing expertise provides quality product at a competitive price Our Strengths
Slide 5: Product Offering: Men's and Women's
5 G-III Product Offering Men’s Women’s
Slide 6: Product Offering: Sports Apparel
6 G-III Product Offering Sports Apparel
Slide 7: Broad Array of Strong Brands
7 Company has more than twenty licensed and company owned brands Licensor’s retail stores represent a significant customer for product Niche brands allow for exploitation of specific markets by gender and price point Broad Array of Strong Brands
Slide 8: Steady Building of Licensed Brand Portfolio - Highlights
8 1993 - National Football League team logo outerwear 1995 - Kenneth Cole New York women’s outerwear 1996 - National Hockey League team logo outerwear 1998 - Nine West women’s outerwear 1999 - Major League Baseball team logo outerwear 2000 - Cole Haan men’s and women’s outerwear 2001 - Jones New Yor
Slide 9: Kenneth Cole
KENNETH COLE
Slide 10: Colebrook
s Colebroo 4 |
Slide 11: Cece Cord
©) Cece Corp
Slide 12: Sports Apparel
12 Sports Apparel
Slide 13: Sports Apparel
13 Sports Apparel
Slide 14: Balanced Mix of Distribution
14 Specialty Retail - Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman Department Stores - Federated, May Company and Nordstrom Specialty Stores Chains - Limited, Finish Line, Christopher and Banks, Cato and Charming Shoppes Mid Tier and Mass Merchants - Sears, JC Penney, Wal-Mart, Target and
Slide 15: Leather/Non-Leather Category Distribution Channel
Leather/Non-Leather Category Distribution Channel 15 Estimated Sales by Leather/Non-Leather Category & Distribution Channel for 2004 Mass Merchandisers Dept. Stores and Specialty Retailers Leather Non- Leather Mid-Tier Stores
Slide 16: Opportunities for Growth
16 Addition of Kenneth Cole men’s and Izod women’s and men’s outerwear Continued expansion of core-sports apparel lines Continued expansion in brand portfolio in both Men’s and Women’s Economies of scale for expanded design, production, and merchandising teams Opportunities for Growth
Slide 17: Key Income Statement Items
17 ( 000’s Omitted) Third Quarter Ended Nine Months Ended Net Sales $114,909 $125,547 $175,322 $189,558 Gross Profit $ 37,339 $ 45,851 $ 57,374 Operating Profit $ 20,554 $ 7,467 $ 20,986 Net Income $ 9,897 $ 11,380 $ 3,410(a) $ 11,471 Diluted EPS $ 1.33 $ 1.50 $ 0.46(a) $ 1.54 (a) Includes a charge
Slide 18: Net Sales
18 Net Sales $149.6 $187.1 $201.4 $202.7 $224.0 $0 $50 $100 $150 $200 $250 2000 2001 2002 2003 2004 (in millions) Fiscal Year ended January 31,
Slide 19: EPS
19 EPS $1.14 $0.52(a) $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 2003 2004 a) Adjusted for a charge of $3.4 million, net of tax, associated with expenses related to closing the Company’s manufacturing facility in Indonesia. Diluted EPS including the charge was $0.05. 2002 $0.32 Fiscal Yea
Slide 20: Abbreviated Balance Sheet
20 ( 000’s Omitted) 10/31/2004 10/31/2003 Accounts Receivable Inventories $ 37,010 $ 40,498 Total Current Assets $ 130,245 $ 138,047 Accounts Payable Notes Payable Total Current Liabilities Total Stockholders’ Equity $ 69,115 $ 67,387 $ 81,698 $ 87,794 $ 19,898 $ 36,211 $ 67,886 $ 15,965 $ 78,919 $
Slide 21: G-III Apparel Group, Ltd.
G-III APPAREL GROUP, LTD.
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