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

G-III Apparel Group (NASDAQ:GIII) issued an update on its FY26 earnings guidance on Thursday morning. 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.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GIII. UBS Group reduced their target price on shares of G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. Telsey Advisory Group cut their target price on shares of G-III Apparel Group from $38.00 to $30.00 and set a “market perform” rating on the stock in a report on Friday. Barclays increased their target price on shares of G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, December 11th. StockNews.com downgraded shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, KeyCorp increased their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $32.00.

G-III Apparel Group Stock Performance

Shares of GIII stock opened at $26.67 on Friday. The company has a fifty day moving average price of $29.46 and a two-hundred day moving average price of $30.45. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.75. The stock has a market cap of $1.17 billion, a P/E ratio of 7.00 and a beta of 2.09. G-III Apparel Group has a one year low of $20.66 and a one year high of $36.18.

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

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.