NEW YORK (AP) _ G-III Apparel Group Ltd. (GIII) on Thursday reported a fiscal first-quarter loss of $39.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 82 cents. Losses, adjusted for non-recurring costs, were 75 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 66 cents per share.

The clothing and accessories maker posted revenue of $405.1 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $414.5 million.

G-III Apparel shares have fallen 60% since the beginning of the year. The stock has decreased 48% in the last 12 months.

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

Automated Insights, source Associated Press News