G-III Apparel Group, LTD. Company Profile (NASDAQ:GIII)

G-III Apparel Group, LTD. trades on the NASDAQ under the ticker symbol "GIII."

G-III Apparel Group, LTD.'s stock split on the morning of Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly minted shares were payable to shareholders after the closing bell on Friday, May 1st 2015. An investor that had 100 shares of G-III Apparel Group, LTD. stock prior to the split would have 200 shares after the split.

G-III Apparel Group, LTD. (NASDAQ:GIII) announced its quarterly earnings results on Wednesday, September, 6th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.26) by $0.11. The business had revenue of $538 million for the quarter, compared to analysts' expectations of $522.45 million. G-III Apparel Group, LTD. had a return on equity of 4.65% and a net margin of 1.23%. The company's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the company earned $0.01 EPS. View G-III Apparel Group, LTD.'s Earnings History.

G-III Apparel Group, LTD. is scheduled to release their next quarterly earnings announcement on Wednesday, November, 29th 2017. View Earnings Estimates for G-III Apparel Group, LTD..

G-III Apparel Group, LTD. updated its FY18 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of $1.28-1.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.28. The company issued revenue guidance of $2.8 billion, compared to the consensus revenue estimate of $2.76 billion.G-III Apparel Group, LTD. also updated its Q3 guidance to $1.45-1.55 EPS.

11 brokerages have issued 1-year price targets for G-III Apparel Group, LTD.'s stock. Their predictions range from $23.00 to $41.00. On average, they expect G-III Apparel Group, LTD.'s share price to reach $32.10 in the next year. View Analyst Ratings for G-III Apparel Group, LTD..

Here are some recent quotes from research analysts about G-III Apparel Group, LTD. stock:

• 1. According to Zacks Investment Research, "G-III Apparel Group, Ltd. designs, manufactures, imports & markets an extensive range of leather & non-leather apparel including coats, jackets, pants, skirts & other sportswear items. " (9/9/2017)
• 2. FBR & Co analysts commented, "We are reiterating our Buy rating, $33 price target and estimates with G-III announcing 2QFY18 (July) results before the open tomorrow. We believe, while there should be upside to 2Q, that it will be more important to investors to hear on the outerwear order book, progress on the outlet channel and, most importantly, material details on the Donna Karan rollout this month. Frankly, we expect positives on all fronts and we believe our in-line FY18 projections remain conservative." (9/5/2017)
• 3. Cowen and Company analysts commented, "Shares are down 60% since September- hard to imagine sentiment could get worse. We are lowering our price target to $22. Our FY19 non-GAAP EPS estimate goes to $1.77 and assumes the Donna Karan business can recover to a mid-single-digit EBIT margin vs. a $9.2MM loss in FY17 along with a $25MM improvement to retail segment losses. Partnership with Macy's creates some support." (3/28/2017)

Some companies that are related to G-III Apparel Group, LTD. include Mulberry Group PLC (MUL), Duluth Holdings (DLTH), Iconix Brand Group (ICON), Mothercare plc (MTC), Delta Apparel (DLA), Lakeland Industries (LAKE), Vince Holding Corp. (VNCE), Differential Brands Group (DFBG), Bagir Group Ltd (BAGR), Naibu Global International Company PLC (NBU) and Tumi Holdings (TUMI).

G-III Apparel Group, LTD.'s management team includes the folowing people:

• Morris Goldfarb, Chairman of the Board, Chief Executive Officer
• Sammy Aaron, President, Vice Chairman of the Board
• Neal S. Nackman, Chief Financial Officer, Treasurer
• Wayne S. Miller, Chief Operating Officer, Secretary
• Jeffrey David Goldfarb, Executive Vice President, Director
• Richard D. White CPA, Lead Independent Director
• Jeanette Katz Nostra, Director
• Thomas J. Brosig, Independent Director
• Alan Feller CPA, Independent Director
• Laura H. Pomerantz, Independent Director

G-III Apparel Group, LTD.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (11.46%), BlackRock Inc. (11.18%), FMR LLC (9.38%), Vanguard Group Inc. (7.46%), Dimensional Fund Advisors LP (5.97%) and Aberdeen Asset Management PLC UK (3.97%). Company insiders that own G-III Apparel Group, LTD. stock include Alan Feller, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Neal Nackman, Sammy Aaron and Wayne S Miller. View Institutional Ownership Trends for G-III Apparel Group, LTD..

G-III Apparel Group, LTD.'s stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Hodges Capital Management Inc., Kennedy Capital Management Inc., BlackRock Inc., Russell Investments Group Ltd., Wells Fargo & Company MN, Stoneridge Investment Partners LLC and Tocqueville Asset Management L.P.. Company insiders that have sold G-III Apparel Group, LTD. stock in the last year include Alan Feller, Laura H Pomerantz and Wayne S Miller. View Insider Buying and Selling for G-III Apparel Group, LTD..

G-III Apparel Group, LTD.'s stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Dimensional Fund Advisors LP, Phocas Financial Corp., Cramer Rosenthal Mcglynn LLC, Penn Capital Management Co. Inc., Aberdeen Asset Management PLC UK and Palisade Capital Management LLC NJ. View Insider Buying and Selling for G-III Apparel Group, LTD..

Shares of G-III Apparel Group, LTD. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of G-III Apparel Group, LTD. stock can currently be purchased for approximately $28.22.