G-III Apparel Group (GIII) Projected to Post Quarterly Earnings on Thursday

G-III Apparel Group (NASDAQ:GIII - Get Free Report) is projected to announce its Q1 2026 earnings results before the market opens on Thursday, June 5th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $579.48 million for the quarter.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.30. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The business had revenue of $839.50 million for the quarter, compared to analysts' expectations of $808.59 million. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The business's quarterly revenue was up 9.8% 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 Trading Up 1.4%

G-III Apparel Group stock traded up $0.40 during trading hours on Friday, reaching $28.85. 1,095,120 shares of the company's stock were exchanged, compared to its average volume of 556,239. The firm's 50 day simple moving average is $26.15 and its 200 day simple moving average is $28.86. G-III Apparel Group has a twelve month low of $20.66 and a twelve month high of $36.18. The company has a quick ratio of 1.75, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $1.27 billion, a PE ratio of 7.57 and a beta of 1.41.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of G-III Apparel Group by 8.2% in the 1st 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 acquiring an additional 6,062 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of 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 valued at $1,260,000 after buying an additional 5,685 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 in the last quarter. Finally, Strs Ohio bought a new position in G-III Apparel Group during the 1st quarter valued at $77,000. 92.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on GIII shares. Telsey Advisory Group reaffirmed a "market perform" rating and set a $30.00 target price on shares of G-III Apparel Group in a research note on Friday, April 4th. Wall Street Zen upgraded shares of G-III Apparel Group from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. UBS Group upped their price objective on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company a "neutral" rating in a report on Friday. Finally, Barclays reduced their target price on G-III Apparel Group from $25.00 to $21.00 and set an "underweight" rating for the company in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, G-III Apparel Group presently has a consensus rating of "Hold" and an average target price of $31.60.

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.