G-III Apparel Group, LTD. Plans Quarterly Dividend of $0.10 (NASDAQ:GIII)

G-III Apparel Group, LTD. (NASDAQ:GIII) declared a quarterly dividend on Friday, March 13th. Investors of record on Monday, March 23rd will be given a dividend of 0.10 per share by the textile maker on Monday, March 30th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, March 23rd.

G-III Apparel Group Stock Up 0.7%

G-III Apparel Group stock traded up $0.19 during trading hours on Friday, reaching $26.38. 1,309,487 shares of the company’s stock were exchanged, compared to its average volume of 479,243. The firm has a market capitalization of $1.11 billion, a PE ratio of 7.92 and a beta of 1.29. The firm’s 50 day simple moving average is $29.95 and its 200 day simple moving average is $28.75. G-III Apparel Group has a twelve month low of $20.33 and a twelve month high of $34.83.

G-III Apparel Group (NASDAQ:GIII) last released its earnings results on Thursday, March 12th. The textile maker reported $0.30 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.29). G-III Apparel Group had a return on equity of 9.37% and a net margin of 4.89%.The business had revenue of $771.49 million for the quarter, compared to analyst estimates of $791.98 million. During the same period in the prior year, the business earned $1.27 EPS. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. 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. Analysts anticipate that G-III Apparel Group will post 4.16 EPS for the current year.

G-III Apparel Group News Summary

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

• Positive Sentiment: Board declared a quarterly cash dividend of $0.10/share payable March 30 — provides income support and signals capital-return discipline. Read More.
• Positive Sentiment: Management outlined a strategic shift toward owned brands and plans to expand margins, setting a FY27 sales target around $2.71B — a longer-term margin/revenue mix story that could improve profitability if execution succeeds. Read More.
• Neutral Sentiment: Company provided FY27 EPS guidance of $2.00–$2.10 and Q1 FY27 EPS guide of -$0.40 to -$0.30; the FY guide implies management expects improved full-year earnings despite a weak start to the year. Read More.
• Negative Sentiment: Q4 EPS missed expectations — $0.30 vs. consensus ~$0.59; revenue $771.5M also missed estimates and was down ~8% year-over-year, pressuring near-term sentiment. Read More.
• Negative Sentiment: Company cited disruptions from Saks’ global bankruptcy and exits from certain licensing arrangements that weighed on Q4 sales — a reminder of customer-concentration and licensing risk. Read More.
• Negative Sentiment: Market reaction has been sharp — multiple outlets report share drops in the ~11–13% range as investors punished the earnings miss and weak near-term guide. Elevated trading volume suggests headline-driven selling. Read More.
• Neutral Sentiment: Full Q4 earnings call/transcripts are available for detail on remediation plans and margin initiatives — worth reviewing for specifics on timing and levers management expects to hit. Read More.

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.