G-III Apparel Group (NASDAQ:GIII) Issues FY 2026 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.150-4.250 for the period, compared to the consensus EPS estimate of 4.100. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.2 billion. G-III Apparel Group also updated its FY26 guidance to $4.15-$4.25 EPS.

G-III Apparel Group Price Performance

NASDAQ GIII opened at $26.10 on Friday. The stock’s 50-day moving average price is $29.68 and its two-hundred day moving average price is $30.48. The company has a current ratio of 2.63, a quick ratio of 1.75 and a debt-to-equity ratio of 0.13. The company has a market cap of $1.15 billion, a PE ratio of 6.85 and a beta of 2.09. G-III Apparel Group has a 1 year low of $20.66 and a 1 year high of $36.18.

G-III Apparel Group (NASDAQ:GIII) last released its earnings results on Thursday, March 13th. The textile maker reported $1.27 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.30. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The company had revenue of $839.50 million for the quarter, compared to analysts’ expectations of $808.59 million. During the same quarter in the previous year, the business posted $0.76 EPS. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, analysts predict that G-III Apparel Group will post 4.16 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on GIII. StockNews.com cut G-III Apparel Group from a “buy” rating to a “hold” rating in a research note on Wednesday. KeyCorp lifted their target price on G-III Apparel Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Barclays boosted their price target on G-III Apparel Group from $27.00 to $29.00 and gave the company an “underweight” rating in a research note on Wednesday, December 11th. Telsey Advisory Group reissued a “market perform” rating and issued a $38.00 price target on shares of G-III Apparel Group in a research note on Wednesday, December 18th. Finally, Guggenheim boosted their price target on 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. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $33.33.

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.