G-III Apparel Group (NASDAQ:GIII) Releases 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 earnings per share guidance of 4.150-4.250 for the period, compared to the consensus earnings per share 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 Stock Up 2.2 %

G-III Apparel Group stock opened at $26.67 on Friday. G-III Apparel Group has a fifty-two week low of $20.66 and a fifty-two week high of $36.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.75 and a current ratio of 2.63. The firm has a 50 day moving average price of $29.46 and a 200 day moving average price of $30.45. The company has a market capitalization of $1.17 billion, a PE ratio of 7.00 and a beta of 2.09.

G-III Apparel Group (NASDAQ:GIII) last posted 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 net margin of 5.59% and a return on equity of 11.66%. The firm had revenue of $839.50 million during the quarter, compared to the consensus estimate of $808.59 million. During the same quarter last year, the firm earned $0.76 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Research analysts expect that G-III Apparel Group will post 4.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Guggenheim boosted their price target on shares of G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. KeyCorp boosted their price target on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Telsey Advisory Group dropped their price target on shares of G-III Apparel Group from $38.00 to $30.00 and set a “market perform” rating for the company in a research note on Friday. StockNews.com downgraded shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, UBS Group lowered their target price on shares of G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $32.00.

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.