G-III Apparel Group (NASDAQ:GIII) Releases FY26 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.15-$4.25 for the period, compared to the consensus earnings per share estimate of $4.10. The company issued revenue guidance of $3.14 billion, compared to the consensus revenue estimate of $3.23 billion. G-III Apparel Group also updated its FY 2026 guidance to 4.150-4.250 EPS.

G-III Apparel Group Trading Up 4.1 %

NASDAQ:GIII traded up $1.05 during trading hours on Thursday, hitting $26.39. The company had a trading volume of 948,434 shares, compared to its average volume of 465,901. G-III Apparel Group has a 1 year low of $20.66 and a 1 year high of $36.18. The company has a current ratio of 2.63, a quick ratio of 1.75 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $29.68 and a 200 day moving average of $30.48. The company has a market cap of $1.16 billion, a P/E ratio of 6.91 and a beta of 2.09.

G-III Apparel Group (NASDAQ:GIII) last issued its earnings results on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.30. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The company had revenue of $839.50 million for the quarter, compared to the consensus estimate of $808.59 million. During the same period in the previous year, the firm earned $0.76 earnings per share. G-III Apparel Group’s quarterly revenue was up 9.8% compared to the same quarter last year. Sell-side analysts expect that G-III Apparel Group will post 4.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on GIII. Guggenheim lifted their target price on G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. UBS Group decreased their target price on shares of G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. KeyCorp lifted their price target on shares of G-III Apparel Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Barclays lifted their target price on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company an “underweight” rating in a 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 data from MarketBeat.com, G-III Apparel Group presently has a consensus rating of “Hold” and a consensus target price of $33.33.

About G-III Apparel Group

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.