G-III Apparel Group, LTD. (NASDAQ:GIII) Plans Quarterly Dividend of $0.10

G-III Apparel Group, LTD. (NASDAQ:GIII) declared a quarterly dividend on Wednesday, May 27th. Investors of record on Monday, June 22nd will be paid a dividend of 0.10 per share by the textile maker on Wednesday, July 8th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, June 22nd.

G-III Apparel Group Stock Performance

Shares of NASDAQ GIII opened at $32.29 on Thursday. G-III Apparel Group has a fifty-two week low of $20.33 and a fifty-two week high of $34.83. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 21.53 and a beta of 1.30. The firm’s 50-day simple moving average is $29.43 and its 200 day simple moving average is $29.59.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.29). G-III Apparel Group had a net margin of 2.28% and a return on equity of 6.70%. The company had revenue of $771.49 million for the quarter, compared to the consensus estimate of $791.98 million. During the same quarter last year, the business posted $1.27 earnings per share. G-III Apparel Group’s revenue was down 8.1% on a year-over-year basis. G-III Apparel Group has set its Q1 2027 guidance at -0.400–0.300 EPS and its FY 2027 guidance at 2.000-2.100 EPS. On average, sell-side analysts predict that G-III Apparel Group will post 2.07 EPS for the current year.

About G-III Apparel Group

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.