G-III Apparel Group (GIII) Expected to Announce Quarterly Earnings on Thursday

Key Points

• G-III Apparel Group is set to announce its Q2 2026 earnings on September 4th, with analysts predicting earnings of $0.10 per share and revenue of approximately $568.67 million.
• In its last earnings report, G-III posted a net margin of 6.20% and a revenue of $583.61 million, exceeding analyst expectations despite a 4.3% year-over-year decline.
• Recent analyst coverage has downgraded G-III's stock ratings, with price targets lowered by several firms, reflecting a cautious outlook with an average target price of $27.80.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) will likely be issuing its Q2 2026 results before the market opens on Thursday, September 4th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $568.6710 million for the quarter. G-III Apparel Group has set its Q2 2026 guidance at 0.020-0.120 EPS. FY 2026 guidance at EPS.Parties may visit the the company's upcoming Q2 2026 earningresults page for the latest details on the call scheduled for Thursday, September 4, 2025 at 8:30 AM ET.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its quarterly earnings results on Friday, June 6th. The textile maker reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.06. G-III Apparel Group had a net margin of 6.20% and a return on equity of 12.65%. The business had revenue of $583.61 million during the quarter, compared to analysts' expectations of $579.48 million. During the same period last year, the company posted $0.12 earnings per share. The business's quarterly revenue was down 4.3% on a year-over-year basis. On average, analysts expect G-III Apparel Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

G-III Apparel Group Trading Up 1.5%

GIII opened at $27.00 on Thursday. The company's fifty day moving average price is $24.08 and its two-hundred day moving average price is $25.50. G-III Apparel Group has a 1-year low of $20.33 and a 1-year high of $36.18. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 6.25 and a beta of 1.49.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. UBS Group lowered their price objective on shares of G-III Apparel Group from $29.00 to $26.00 and set a "neutral" rating on the stock in a report on Monday, June 9th. Wall Street Zen downgraded shares of G-III Apparel Group from a "strong-buy" rating to a "hold" rating in a report on Saturday, June 14th. Barclays lowered their price objective on shares of G-III Apparel Group from $21.00 to $18.00 and set an "underweight" rating on the stock in a report on Monday, June 9th. KeyCorp lowered their price objective on shares of G-III Apparel Group from $40.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, June 9th. Finally, Telsey Advisory Group lowered their price objective on shares of G-III Apparel Group from $30.00 to $27.00 and set a "market perform" rating on the stock in a report on Monday, June 9th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $27.80.

Insider Activity

In other news, Director Amigo Victor Herrero bought 5,000 shares of G-III Apparel Group stock in a transaction dated Tuesday, June 24th. The stock was purchased at an average price of $21.95 per share, for a total transaction of $109,750.00. Following the purchase, the director directly owned 54,746 shares in the company, valued at $1,201,674.70. The trade was a 10.05% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On G-III Apparel Group

A number of hedge funds and other institutional investors have recently made changes to their positions in GIII. Balyasny Asset Management L.P. purchased a new position in shares of G-III Apparel Group in the 2nd quarter worth about $7,546,000. Squarepoint Ops LLC boosted its holdings in shares of G-III Apparel Group by 193.1% in the 2nd quarter. Squarepoint Ops LLC now owns 261,603 shares of the textile maker's stock worth $5,860,000 after buying an additional 172,352 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of G-III Apparel Group by 34.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 269,829 shares of the textile maker's stock worth $6,041,000 after buying an additional 68,402 shares during the last quarter. Two Sigma Securities LLC purchased a new position in shares of G-III Apparel Group in the 2nd quarter worth about $624,000. Finally, Oxford Asset Management LLP purchased a new position in shares of G-III Apparel Group in the 2nd quarter worth about $533,000. 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.

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