G-III Apparel Group, LTD. (GIII) to Distribute Quarterly Dividend of $0.10 on September 29th

G-III Apparel Group, LTD. (NASDAQ:GIII) declared a quarterly dividend on Tuesday, August 18th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.10 per share by the textile maker on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

G-III Apparel Group Price Performance

Shares of GIII stock opened at $27.89 on Friday. The firm has a market cap of $1.20 billion, a P/E ratio of 9.17 and a beta of 1.27. G-III Apparel Group has a 1-year low of $24.61 and a 1-year high of $37.54. The firm has a fifty day moving average of $33.56 and a two-hundred day moving average of $31.71.

G-III Apparel Group (NASDAQ:GIII) last issued its earnings results on Wednesday, September 2nd. The textile maker reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. G-III Apparel Group had a net margin of 4.75% and a return on equity of 5.53%. The business had revenue of $554.09 million for the quarter, compared to analyst estimates of $570.37 million. During the same quarter in the prior year, the business posted $0.25 EPS. The company’s revenue for the quarter was down 9.7% on a year-over-year basis. G-III Apparel Group has set its Q3 2027 guidance at 1.350-1.450 EPS and its FY 2027 guidance at 2.200-2.300 EPS. On average, sell-side analysts expect that G-III Apparel Group will post 2.25 EPS for the current year.

G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. is a global fashion company that designs, sources, and markets apparel, accessories, footwear, and related products. Its offerings include women’s and men’s clothing, handbags, footwear, outerwear, and other fashion products sold through department stores, specialty retailers, brand stores, and e-commerce channels.

The company owns and operates brands including DKNY, Donna Karan, Karl Lagerfeld, and Vilebrequin, and develops products under a portfolio of licensed brands.