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.

G-III Apparel Group Stock Performance

GIII stock traded up $1.23 during mid-day trading on Thursday, hitting $26.57. The company had a trading volume of 1,015,470 shares, compared to its average volume of 467,357. The firm has a market cap of $1.17 billion, a PE ratio of 6.97 and a beta of 2.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.75 and a current ratio of 2.63. G-III Apparel Group has a 12 month low of $20.66 and a 12 month high of $36.18. The stock’s fifty day moving average price is $29.68 and its two-hundred day moving average price is $30.48.

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

Analyst Upgrades and Downgrades

A number of research firms have commented on GIII. UBS Group cut their price target on shares of G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. StockNews.com lowered shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a report on Wednesday. KeyCorp boosted their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Guggenheim boosted their price objective on shares of 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, Telsey Advisory Group restated a “market perform” rating and issued a $38.00 price objective on shares of G-III Apparel Group in a report on Wednesday, December 18th. Two analysts have rated the stock with a sell rating, three have issued 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 has a consensus rating of “Hold” and a consensus price target 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.