G-III Apparel Group (NASDAQ:GIII) Releases Q2 2026 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.020-0.120 for the period, compared to the consensus estimate of 0.480. The company issued revenue guidance of $570.0 million-, compared to the consensus revenue estimate of $621.0 million. G-III Apparel Group also updated its FY 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GIII. UBS Group decreased their price target on shares of G-III Apparel Group from $37.00 to $32.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Telsey Advisory Group reiterated a "market perform" rating and set a $30.00 price objective on shares of G-III Apparel Group in a report on Monday. Barclays cut their price objective on shares of G-III Apparel Group from $25.00 to $21.00 and set an "underweight" rating on the stock in a report on Monday, April 28th. Finally, Wall Street Zen upgraded shares of G-III Apparel Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $32.20.

G-III Apparel Group Trading Down 2.6%

NASDAQ GIII opened at $27.67 on Friday. G-III Apparel Group has a one year low of $20.66 and a one year high of $36.18. The company's 50 day moving average price is $26.24 and its 200 day moving average price is $28.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.75 and a current ratio of 2.63. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 7.26 and a beta of 1.48.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $839.50 million for the quarter, compared to analyst estimates of $808.59 million. During the same quarter last year, the firm posted $0.76 earnings per share. G-III Apparel Group's revenue for the quarter was up 9.8% compared to the same quarter last year. On average, sell-side analysts predict that G-III Apparel Group will post 4.16 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Strs Ohio purchased a new stake in shares of G-III Apparel Group during the first quarter valued at approximately $77,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 valued at $635,000 after purchasing an additional 1,018 shares during the period. Intech Investment Management LLC raised its stake 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 purchasing an additional 5,685 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 valued at $2,193,000 after purchasing an additional 6,062 shares during the period. Hedge funds and other institutional investors own 92.13% of the company's stock.

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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