G-III Apparel Group (NASDAQ:GIII – Get Free Report) is anticipated to post its Q2 2027 results before the market opens on Wednesday, September 2nd. Analysts expect the company to post earnings of $0.2334 per share and revenue of $570.3740 million for the quarter. G-III Apparel Group has set its FY 2027 guidance at 2.150-2.250 EPS and its Q2 2027 guidance at 0.150-0.250 EPS. Investors can check the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 8:30 AM ET.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last announced its quarterly earnings results on Friday, June 5th. The textile maker reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.09. The business had revenue of $535.96 million for the quarter, compared to analyst estimates of $529.07 million. G-III Apparel Group had a net margin of 4.34% and a return on equity of 5.59%. G-III Apparel Group’s quarterly revenue was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 EPS. On average, analysts expect G-III Apparel Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
G-III Apparel Group Stock Down 2.6%
Shares of GIII stock opened at $32.59 on Tuesday. G-III Apparel Group has a 12-month low of $24.61 and a 12-month high of $37.54. The company has a market capitalization of $1.37 billion, a PE ratio of 11.52 and a beta of 1.28. The firm has a 50 day moving average price of $34.53 and a two-hundred day moving average price of $31.88.
G-III Apparel Group Announces Dividend
Institutional Trading of G-III Apparel Group
Several large investors have recently modified their holdings of GIII. Corient Private Wealth LLC bought a new stake in G-III Apparel Group during the fourth quarter worth about $425,000. Mercer Global Advisors Inc. ADV increased its holdings in G-III Apparel Group by 18.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,408 shares of the textile maker’s stock valued at $417,000 after buying an additional 2,248 shares during the period. Summit Global Investments bought a new position in G-III Apparel Group in the 4th quarter valued at about $231,000. State of Tennessee Department of Treasury increased its holdings in G-III Apparel Group by 107.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 20,396 shares of the textile maker’s stock valued at $599,000 after buying an additional 10,581 shares during the period. Finally, Mackenzie Financial Corp acquired a new position in shares of G-III Apparel Group in the 4th quarter valued at approximately $219,000. 92.13% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on GIII. KeyCorp restated an “overweight” rating and issued a $40.00 price target (up from $35.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Telsey Advisory Group restated a “market perform” rating and issued a $38.00 price target (up from $29.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Wall Street Zen lowered shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. BTIG Research lifted their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. Finally, Weiss Ratings upgraded shares of G-III Apparel Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, June 9th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $33.00.
Check Out Our Latest Research Report on G-III Apparel Group
G-III Apparel Group Company Profile
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.
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