G-III Apparel Group (NASDAQ:GIII) Posts Quarterly Earnings Results, Misses Estimates By $0.29 EPS

G-III Apparel Group (NASDAQ:GIII) posted its earnings results on Thursday. The textile maker reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.29), FiscalAI reports. G-III Apparel Group had a net margin of 4.89% and a return on equity of 9.37%. The firm had revenue of $771.49 million during the quarter, compared to analyst estimates of $791.98 million. During the same quarter in the prior year, the firm earned $1.27 earnings per share. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. G-III Apparel Group updated its Q1 2027 guidance to -0.400–0.300 EPS and its FY 2027 guidance to 2.000-2.100 EPS.

Here are the key takeaways from G-III Apparel Group’s conference call:

• The company is exiting its Calvin Klein and Tommy Hilfiger licenses, driving a near-term revenue decline to an expected ~$2.71 billion in FY2027 (about a $470 million reduction) and lowering FY2027 non-GAAP EPS guidance to $2.00–$2.10 from $2.61 in FY2026.
• Momentum in owned brands is strengthening the go‑forward business — key owned labels (DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin) grew mid‑single digits and now account for ~60% of revenue, with Donna Karan up ~40% and strong digital traction (donnakaran.com +~170%).
• The Saks bankruptcy caused an approximate $17.5 million bad‑debt hit in Q4 (about $0.30 per share) and the company also stopped shipments to Saks in December, which reduced sales by roughly $20 million versus guidance.
• Financial position and capital allocation remain strong — the company exited the year with ~$407 million cash and >$900 million total liquidity, returned >$50 million to shareholders (repurchases and a new dividend), expects healthy free cash flow, and has identified ~$25 million of run‑rate cost savings by FY2028.

G-III Apparel Group Stock Down 11.6%

Shares of NASDAQ GIII traded down $3.42 during midday trading on Thursday, hitting $26.15. The stock had a trading volume of 719,233 shares, compared to its average volume of 423,988. The stock has a 50 day simple moving average of $30.00 and a 200-day simple moving average of $28.77. The company has a market capitalization of $1.10 billion, a PE ratio of 7.86 and a beta of 1.29. G-III Apparel Group has a 1 year low of $20.33 and a 1 year high of $34.83.

Wall Street Analyst Weigh In

GIII has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of G-III Apparel Group in a research report on Friday, January 9th. UBS Group cut their price target on G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $34.00 price target on shares of G-III Apparel Group in a report on Monday. BTIG Research increased their price target on G-III Apparel Group from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, KeyCorp reissued an “overweight” rating and issued a $35.00 price objective (up from $33.00) on shares of G-III Apparel Group in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $30.80.

Institutional Investors Weigh In On G-III Apparel Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LLC acquired a new stake in shares of G-III Apparel Group in the fourth quarter valued at about $425,000. Mercer Global Advisors Inc. ADV raised its holdings in G-III Apparel Group by 18.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,408 shares of the textile maker’s stock valued at $417,000 after acquiring an additional 2,248 shares during the last quarter. Summit Global Investments purchased a new position in G-III Apparel Group in the 4th quarter worth approximately $231,000. State of Tennessee Department of Treasury lifted its stake in G-III Apparel Group by 107.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 20,396 shares of the textile maker’s stock worth $599,000 after purchasing an additional 10,581 shares in the last quarter. Finally, Mackenzie Financial Corp acquired a new position in shares of G-III Apparel Group during the 4th quarter worth approximately $219,000. Institutional investors and hedge funds own 92.13% of the company’s stock.

G-III Apparel Group News Summary

Here are the key news stories impacting G-III Apparel Group this week:

• Positive Sentiment: Q1 revenue guide is modestly above consensus (company guided $530.0M vs Street ~$525.1M), suggesting top-line demand is not collapsing even as margins compress. G-III Apparel Group, Ltd. Reports Fourth Quarter and Full Year Fiscal 2026 Results; Provides Fiscal 2027 Outlook
• Neutral Sentiment: Telsey Advisory Group left its Market Perform rating unchanged — a sign analysts are cautious but not cutting coverage aggressively. Telsey Advisory Group Reiterates Market Perform Rating for G-III Apparel Group (NASDAQ:GIII)
• Neutral Sentiment: Company published its formal press release with full Q4 and FY-2027 outlook details; read for management commentary and the earnings call timing. View Press Release
• Negative Sentiment: Q4 results missed estimates: EPS $0.30 vs $0.59 expected and revenue $771.5M vs ~$792M expected; revenue was down ~8% YoY. The earnings shortfall and lower margins are the immediate catalyst for the selloff. View Press Release
• Negative Sentiment: Management cut EPS guidance sharply: FY2027 EPS guidance $2.00–2.10 vs consensus ~2.99, and Q1 guidance is deeply negative at -$0.40 to -$0.30 vs a ~+$0.02 estimate — indicating a rough near-term profit profile even if full-year sales hold. G-III Apparel stock tumbles nearly 13% on weak earnings and guidance
• Negative Sentiment: Company cited direct impact from the Saks Global bankruptcy in Q4 (exposure to receivables/inventory write-offs), an operational counterparty risk that hurt results and raises near‑term collection/inventory questions. G-III Bitten by Saks Global Bankruptcy in the Fourth Quarter

G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.