G-III Apparel Group (NASDAQ:GIII) Issues Q1 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.05-$0.15 for the period, compared to the consensus EPS estimate of $0.09. The company issued revenue guidance of $580.0 million, compared to the consensus revenue estimate of $619.62 million. G-III Apparel Group also updated its FY 2026 guidance to 4.150-4.250 EPS.

G-III Apparel Group Price Performance

GIII stock opened at $26.67 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.75. The business has a 50 day simple moving average of $29.46 and a 200-day simple moving average of $30.45. The firm has a market capitalization of $1.17 billion, a PE ratio of 7.00 and a beta of 2.09. G-III Apparel Group has a 1 year low of $20.66 and a 1 year high of $36.18.

G-III Apparel Group (NASDAQ:GIII) last released its quarterly earnings data on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.30. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The firm had revenue of $839.50 million for the quarter, compared to analysts’ expectations of $808.59 million. During the same period in the prior year, the firm posted $0.76 earnings per share. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. Equities research analysts anticipate that G-III Apparel Group will post 4.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on GIII shares. Barclays upped their price target on G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 11th. Guggenheim upped their price target on G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Telsey Advisory Group decreased their price target on G-III Apparel Group from $38.00 to $30.00 and set a “market perform” rating on the stock in a research note on Friday. KeyCorp upped their price objective on G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Finally, StockNews.com lowered G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, G-III Apparel Group currently has an average rating of “Hold” and an average price target of $32.00.

G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.