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

G-III Apparel Group (NASDAQ:GIII) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.05-$0.15 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. StockNews.com cut G-III Apparel Group from a “buy” rating to a “hold” rating in a report on Wednesday. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $38.00 price target on shares of G-III Apparel Group in a report on Wednesday, December 18th. UBS Group dropped their price objective on G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating for the company in a report on Tuesday, March 4th. Guggenheim boosted their price objective on G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Barclays boosted their price objective on G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $33.33.

G-III Apparel Group Stock Performance

Shares of NASDAQ:GIII opened at $26.10 on Friday. 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 stock has a market capitalization of $1.15 billion, a P/E ratio of 6.85 and a beta of 2.09. The business has a 50-day moving average price of $29.68 and a two-hundred day moving average price of $30.48. 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 announced its quarterly earnings results on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.30. The company had revenue of $839.50 million during the quarter, compared to analysts’ expectations of $808.59 million. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. G-III Apparel Group’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 EPS. Equities analysts predict that G-III Apparel Group will post 4.16 earnings per share for the current year.

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.