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

G-III Apparel Group (NASDAQ:GIII) released its quarterly earnings data on Thursday. The textile maker reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.29), FiscalAI reports. G-III Apparel Group had a return on equity of 9.37% and a net margin of 4.89%.The company had revenue of $771.49 million for the quarter, compared to analyst estimates of $791.98 million. During the same period last year, the firm posted $1.27 EPS. The business’s quarterly revenue was down 8.1% on a year-over-year basis. G-III Apparel Group updated its Q1 2027 guidance to -0.400–0.300 EPS and its FY 2027 guidance to 2.000-2.100 EPS.

Here are the key takeaways from G-III Apparel Group’s conference call:

• The company is exiting its Calvin Klein and Tommy Hilfiger licenses, driving a near-term revenue decline to an expected ~$2.71 billion in FY2027 (about a $470 million reduction) and lowering FY2027 non-GAAP EPS guidance to $2.00–$2.10 from $2.61 in FY2026.
• Momentum in owned brands is strengthening the go‑forward business — key owned labels (DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin) grew mid‑single digits and now account for ~60% of revenue, with Donna Karan up ~40% and strong digital traction (donnakaran.com +~170%).
• The Saks bankruptcy caused an approximate $17.5 million bad‑debt hit in Q4 (about $0.30 per share) and the company also stopped shipments to Saks in December, which reduced sales by roughly $20 million versus guidance.
• Financial position and capital allocation remain strong — the company exited the year with ~$407 million cash and >$900 million total liquidity, returned >$50 million to shareholders (repurchases and a new dividend), expects healthy free cash flow, and has identified ~$25 million of run‑rate cost savings by FY2028.

G-III Apparel Group Stock Down 11.6%

NASDAQ GIII traded down $3.42 on Thursday, reaching $26.15. The stock had a trading volume of 719,233 shares, compared to its average volume of 423,988. The stock has a fifty day moving average price of $30.00 and a two-hundred day moving average price of $28.77. G-III Apparel Group has a 12-month low of $20.33 and a 12-month high of $34.83. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 7.86 and a beta of 1.29.

Institutional Investors Weigh In On G-III Apparel Group

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of G-III Apparel Group in the 2nd quarter valued at $41,000. Parallel Advisors LLC grew its position in G-III Apparel Group by 231.9% in the 4th quarter. Parallel Advisors LLC now owns 1,779 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 1,243 shares in the last quarter. Strs Ohio purchased a new stake in G-III Apparel Group during the first quarter worth about $77,000. Headlands Technologies LLC acquired a new stake in shares of G-III Apparel Group during the second quarter worth about $109,000. Finally, State of Wyoming lifted its position in shares of G-III Apparel Group by 102.6% during the fourth quarter. State of Wyoming now owns 4,817 shares of the textile maker’s stock worth $140,000 after purchasing an additional 2,439 shares in the last quarter. 92.13% of the stock is owned by institutional investors and hedge funds.

Key G-III Apparel Group News

Here are the key news stories impacting G-III Apparel Group this week:

• Positive Sentiment: Q1 revenue guide is modestly above consensus (company guided $530.0M vs Street ~$525.1M), suggesting top-line demand is not collapsing even as margins compress. G-III Apparel Group, Ltd. Reports Fourth Quarter and Full Year Fiscal 2026 Results; Provides Fiscal 2027 Outlook
• Neutral Sentiment: Telsey Advisory Group left its Market Perform rating unchanged — a sign analysts are cautious but not cutting coverage aggressively. Telsey Advisory Group Reiterates Market Perform Rating for G-III Apparel Group (NASDAQ:GIII)
• Neutral Sentiment: Company published its formal press release with full Q4 and FY-2027 outlook details; read for management commentary and the earnings call timing. View Press Release
• Negative Sentiment: Q4 results missed estimates: EPS $0.30 vs $0.59 expected and revenue $771.5M vs ~$792M expected; revenue was down ~8% YoY. The earnings shortfall and lower margins are the immediate catalyst for the selloff. View Press Release
• Negative Sentiment: Management cut EPS guidance sharply: FY2027 EPS guidance $2.00–2.10 vs consensus ~2.99, and Q1 guidance is deeply negative at -$0.40 to -$0.30 vs a ~+$0.02 estimate — indicating a rough near-term profit profile even if full-year sales hold. G-III Apparel stock tumbles nearly 13% on weak earnings and guidance
• Negative Sentiment: Company cited direct impact from the Saks Global bankruptcy in Q4 (exposure to receivables/inventory write-offs), an operational counterparty risk that hurt results and raises near‑term collection/inventory questions. G-III Bitten by Saks Global Bankruptcy in the Fourth Quarter

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. BTIG Research boosted their price target on shares of G-III Apparel Group from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. KeyCorp restated an “overweight” rating and set a $35.00 price objective (up from $33.00) on shares of G-III Apparel Group in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of G-III Apparel Group in a research note on Friday, January 9th. Telsey Advisory Group reiterated a “market perform” rating and issued a $34.00 target price on shares of G-III Apparel Group in a report on Monday. Finally, UBS Group cut their price target on shares of G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, G-III Apparel Group has an average rating of “Hold” and a consensus price target of $30.80.

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.