G-III Apparel Group (NASDAQ:GIII) Issues FY26 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII - Get Free Report) updated its FY26 earnings guidance on Thursday. The company provided earnings per share guidance of $4.15-$4.25 for the period, compared to the consensus earnings per share estimate of $4.10. The company issued revenue guidance of $3.14 billion, compared to the consensus revenue estimate of $3.23 billion. G-III Apparel Group also updated its FY 2026 guidance to 4.150-4.250 EPS.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Barclays increased their target price on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company an "underweight" rating in a report on Wednesday, December 11th. StockNews.com cut G-III Apparel Group from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Telsey Advisory Group lowered their target price on G-III Apparel Group from $38.00 to $30.00 and set a "market perform" rating on the stock in a report on Friday. KeyCorp lifted their price target on G-III Apparel Group from $34.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 11th. Finally, Guggenheim increased their price objective on shares of G-III Apparel Group from $36.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $33.80.

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G-III Apparel Group Price Performance

G-III Apparel Group stock traded up $0.39 during mid-day trading on Monday, hitting $27.06. 895,925 shares of the company were exchanged, compared to its average volume of 518,192. G-III Apparel Group has a 12-month low of $20.66 and a 12-month high of $36.18. The company has a market capitalization of $1.19 billion, a P/E ratio of 7.10 and a beta of 2.09. The business's 50 day simple moving average is $29.34 and its two-hundred day simple moving average is $30.52. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.75.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.30. The firm had revenue of $839.50 million during the quarter, compared to analysts' expectations of $808.59 million. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 EPS. Analysts forecast that G-III Apparel Group will post 4.16 earnings per share for the current fiscal year.

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.