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

Key Points

• G-III Apparel Group is expected to report Q2 fiscal 2027 results before market open on September 3, with analysts forecasting $0.23 in earnings per share and $570.4 million in revenue. Management’s Q2 EPS guidance is $0.15–$0.25, while full-year guidance is $2.15–$2.25.
• In its latest quarter, the company reported a loss of $0.21 per share, beating estimates for a $0.30 loss, while revenue of $535.96 million exceeded expectations but fell 8.2% year over year.
• Analyst sentiment is mixed, with G-III holding an average “Hold” rating and a $33 price target. Shares recently opened at $33.53, and the company declared a quarterly dividend of $0.10 per share, yielding about 1.2% annually.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) will likely be posting its Q2 2027 results before the market opens on Thursday, September 3rd. Analysts expect the company to announce earnings of $0.2334 per share and revenue of $570.3740 million for the quarter. G-III Apparel Group has set its FY 2027 guidance at 2.150-2.250 EPS and its Q2 2027 guidance at 0.150-0.250 EPS. Interested persons may review the information on the company's upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 8:30 AM ET.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its earnings results on Friday, June 5th. The textile maker reported ($0.21) EPS for the quarter, beating analysts' consensus estimates of ($0.30) by $0.09. G-III Apparel Group had a net margin of 4.34% and a return on equity of 5.59%. The company had revenue of $535.96 million during the quarter, compared to analysts' expectations of $529.07 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. G-III Apparel Group's revenue for the quarter was down 8.2% compared to the same quarter last year. On average, analysts expect G-III Apparel Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

G-III Apparel Group Trading Up 0.7%

Shares of GIII opened at $33.53 on Thursday. The firm has a market cap of $1.41 billion, a PE ratio of 11.85 and a beta of 1.28. G-III Apparel Group has a 12 month low of $24.61 and a 12 month high of $37.54. The stock has a fifty day moving average price of $34.61 and a 200-day moving average price of $31.82.

G-III Apparel Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.2%. G-III Apparel Group's dividend payout ratio is 14.13%.

Wall Street Analyst Weigh In

A number of analysts recently commented on GIII shares. Weiss Ratings upgraded shares of G-III Apparel Group from a "hold (c)" rating to a "buy (b-)" rating in a research note on Tuesday, June 9th. KeyCorp restated an "overweight" rating and set a $40.00 price target (up from $35.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Zacks Research cut shares of G-III Apparel Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 14th. BTIG Research raised their price target on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock a "buy" rating in a report on Friday, June 5th. Finally, Wall Street Zen lowered shares of G-III Apparel Group from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, G-III Apparel Group presently has an average rating of "Hold" and an average target price of $33.00.

Institutional Investors Weigh In On G-III Apparel Group

Hedge funds have recently bought and sold shares of the stock. Summit Global Investments purchased a new position in shares of G-III Apparel Group in the 4th quarter valued at about $231,000. Mackenzie Financial Corp purchased a new position in G-III Apparel Group during the fourth quarter worth approximately $219,000. Natixis Advisors LLC purchased a new position in G-III Apparel Group during the fourth quarter worth approximately $324,000. Nomura Holdings Inc. grew its holdings in G-III Apparel Group by 10.3% in the third quarter. Nomura Holdings Inc. now owns 14,670 shares of the textile maker's stock valued at $390,000 after purchasing an additional 1,375 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in G-III Apparel Group in the third quarter valued at approximately $324,000. Hedge funds and other institutional investors own 92.13% of the company's stock.

About G-III Apparel Group

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women's and men's apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies' apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company's product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.

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