NEW YORK (AP) _ G-III Apparel Group Ltd. (GIII) on Tuesday reported fiscal third-quarter profit of $63.2 million.

On a per-share basis, the New York-based company said it had profit of $1.29. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.31 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The clothing and accessories maker posted revenue of $826.6 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $773.2 million.

G-III Apparel shares have decreased 28% since the beginning of the year. The stock has decreased 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIII at https://www.zacks.com/ap/GIII

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