G-III Apparel Group (NASDAQ:GIII) Updates Q1 2027 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -0.400–0.300 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $530.0 million-$530.0 million, compared to the consensus revenue estimate of $525.1 million. G-III Apparel Group also updated its FY 2027 guidance to 2.000-2.100 EPS.

Analysts Set New Price Targets

A number of research analysts have commented on the company. 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 note on Wednesday, December 10th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $34.00 target price on shares of G-III Apparel Group in a research report on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of G-III Apparel Group in a research note on Friday, January 9th. UBS Group lowered their price objective on G-III Apparel Group from $32.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, BTIG Research increased their target price on G-III Apparel Group from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Two 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $30.80.

G-III Apparel Group Stock Performance

Shares of NASDAQ:GIII opened at $29.57 on Thursday. The company’s fifty day moving average is $30.00 and its two-hundred day moving average is $28.77. G-III Apparel Group has a 1-year low of $20.33 and a 1-year high of $34.83. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 8.88 and a beta of 1.29.

G-III Apparel Group (NASDAQ:GIII) last announced its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). G-III Apparel Group had a net margin of 4.89% and a return on equity of 9.37%. The business had revenue of $771.49 million for the quarter, compared to the consensus estimate of $791.98 million. G-III Apparel Group has set its Q1 2027 guidance at -0.400–0.300 EPS and its FY 2027 guidance at 2.000-2.100 EPS. Sell-side analysts expect that G-III Apparel Group will post 4.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of G-III Apparel Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,228 shares of the textile maker’s stock valued at $635,000 after acquiring an additional 1,018 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of G-III Apparel Group by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 80,197 shares of the textile maker’s stock valued at $2,193,000 after acquiring an additional 6,062 shares during the period. Intech Investment Management LLC grew its holdings in shares of G-III Apparel Group by 14.1% during the first quarter. Intech Investment Management LLC now owns 46,076 shares of the textile maker’s stock valued at $1,260,000 after buying an additional 5,685 shares in the last quarter. Strs Ohio purchased a new stake in G-III Apparel Group in the 1st quarter worth about $77,000. Finally, First Trust Advisors LP grew its holdings in shares of G-III Apparel Group by 15.7% during the 2nd quarter. First Trust Advisors LP now owns 154,445 shares of the textile maker’s stock valued at $3,460,000 after acquiring an additional 20,984 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.

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.