G-III Apparel Group (GIII) to Release 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 issued its earnings results on Friday, June 6th. The textile maker reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.06. G-III Apparel Group had a return on equity of 12.65% and a net margin of 6.20%.The firm had revenue of $583.61 million for the quarter, compared to analysts' expectations of $579.48 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The business's revenue was down 4.3% compared to the same quarter last year. 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 Price Performance

Shares of GIII stock traded up $0.03 during trading hours on Tuesday, hitting $27.03. The stock had a trading volume of 680,795 shares, compared to its average volume of 466,595. G-III Apparel Group has a one year low of $20.33 and a one year high of $36.18. The stock's 50-day moving average price is $24.49 and its two-hundred day moving average price is $25.39. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 6.26 and a beta of 1.49.

Wall Street Analyst Weigh In

GIII has been the topic of several analyst reports. UBS Group reduced their price objective on G-III Apparel Group from $29.00 to $26.00 and set a "neutral" rating on the stock in a research note on Monday, June 9th. KeyCorp reduced their price objective on G-III Apparel Group from $40.00 to $30.00 and set an "overweight" rating on the stock in a research note on Monday, June 9th. Barclays reduced their price objective on G-III Apparel Group from $21.00 to $18.00 and set an "underweight" rating on the stock in a research note on Monday, June 9th. Telsey Advisory Group reissued a "market perform" rating and set a $27.00 price objective on shares of G-III Apparel Group in a research note on Tuesday. Finally, Wall Street Zen cut G-III Apparel Group from a "strong-buy" rating to a "hold" rating in a research note on Saturday, June 14th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $27.80.

Insiders Place Their Bets

In related news, Director Amigo Victor Herrero bought 5,000 shares of the stock in a transaction on Tuesday, June 24th. The stock was bought at an average price of $21.95 per share, for a total transaction of $109,750.00. Following the completion of the acquisition, the director directly owned 54,746 shares in the company, valued at approximately $1,201,674.70. This represents a 10.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 13.00% of the stock is currently owned by corporate insiders.

Institutional Trading of G-III Apparel Group

A number of hedge funds have recently bought and sold shares of GIII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in G-III Apparel Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,228 shares of the textile maker's stock worth $635,000 after buying an additional 1,018 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in G-III Apparel Group by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 80,197 shares of the textile maker's stock worth $2,193,000 after buying an additional 6,062 shares during the period. Intech Investment Management LLC lifted its holdings in G-III Apparel Group by 14.1% during the first quarter. Intech Investment Management LLC now owns 46,076 shares of the textile maker's stock worth $1,260,000 after buying an additional 5,685 shares during the period. Strs Ohio purchased a new stake in G-III Apparel Group during the first quarter worth $77,000. Finally, First Trust Advisors LP lifted its holdings in G-III Apparel Group by 15.7% during the second quarter. First Trust Advisors LP now owns 154,445 shares of the textile maker's stock worth $3,460,000 after buying an additional 20,984 shares during the period. Hedge funds and other institutional investors own 92.13% of the company's stock.

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.