G-III Apparel Group (NASDAQ:GIII) Updates FY 2026 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.800-2.900 for the period, compared to the consensus estimate of 2.710. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on GIII shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of G-III Apparel Group in a research note on Tuesday, October 14th. KeyCorp upped their price objective on G-III Apparel Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, September 5th. Zacks Research raised G-III Apparel Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. UBS Group reaffirmed a “neutral” rating and set a $28.00 target price (up from $26.00) on shares of G-III Apparel Group in a report on Thursday. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $30.00 price target on shares of G-III Apparel Group in a report on Wednesday, December 3rd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $30.33.

G-III Apparel Group Stock Down 2.3%

GIII opened at $29.67 on Tuesday. The firm has a market cap of $1.25 billion, a PE ratio of 7.34 and a beta of 1.30. The business has a fifty day simple moving average of $27.84 and a 200-day simple moving average of $26.01. G-III Apparel Group has a fifty-two week low of $20.33 and a fifty-two week high of $36.18.

Institutional Trading of G-III Apparel Group

A number of hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of G-III Apparel Group in the second quarter worth about $41,000. Strs Ohio purchased a new stake in shares of G-III Apparel Group in the 1st quarter valued at approximately $77,000. Headlands Technologies LLC acquired a new position in G-III Apparel Group in the 2nd quarter worth approximately $109,000. Tower Research Capital LLC TRC grew its position in G-III Apparel Group by 852.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,150 shares of the textile maker’s stock worth $272,000 after purchasing an additional 10,875 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in G-III Apparel Group during the 3rd quarter worth approximately $324,000. 92.13% of the stock is owned by hedge funds and other institutional investors.

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.