Thursday's Early Winners & Losers

G-III Apparel Group (GIII Quote) surged after the close Wednesday on mounting third-quarter profits that easily beat Wall Street estimates. The New York-based company, which makes sportswear and accessories, earned $23.3 million, or $1.59 a share, in the quarter ended Oct. 31.

This compares with $14.8 million, or $1.15 a share, a year ago. The two analysts who follow the company were looking for $1.37 a share, according to Thomson Financial. Sales went up 31.1% to $244.7 million, also beating estimates by about $6 million.

Citing these solid numbers, as well as "strong outerwear reorders and the impact of new, non-seasonal businesses," the company hoisted its full-year outlook. It now expects fiscal 2007 earnings to range between 90 cents and 95 cents a share, up from its previous forecast of 63 cents to 67 cents a share. Analysts are calling for 66 cents a share. Full-year revenue expectations were adjusted to about $430 million, a figure that tops G-III's previous estimate by $20 million. Shares were up $2.85, or 15.5%, to $21.30.

Delia's (DLIA Quote) earnings towered over estimates in the quarter ended Oct. 28, and shares ballooned in kind. The New York-based direct marketing outfit posted a nearly doubled profit of $3.3 million, or 11 cents a share, on revenue of $67.5 million, compared with $1.7 million, or 6 cents a share, a year ago. The revenue represents a 12% increase over the year-ago period. Analysts were looking for 7 cents a share on revenue of $68.2 million. Shares were up $1.00, or 9.4%, to $11.59.