G-III Apparel Group (NASDAQ:GIII) Updates FY26 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) updated its FY26 earnings guidance on Thursday. The company provided EPS guidance of $4.15-$4.25 for the period, compared to the consensus EPS estimate of $4.10. The company issued revenue guidance of $3.14 billion, compared to the consensus revenue estimate of $3.23 billion. G-III Apparel Group also updated its FY 2026 guidance to 4.150-4.250 EPS.

Analysts Set New Price Targets

A number of research analysts have recently commented on GIII shares. StockNews.com downgraded G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Wednesday. KeyCorp boosted their target price on G-III Apparel Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Telsey Advisory Group restated a “market perform” rating and set a $38.00 price target on shares of G-III Apparel Group in a report on Wednesday, December 18th. Barclays boosted their price objective on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company an “underweight” rating in a research report on Wednesday, December 11th. Finally, Guggenheim increased their target price on shares of G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $33.33.

G-III Apparel Group Trading Up 4.1 %

GIII stock traded up $1.05 during trading on Thursday, hitting $26.39. The company had a trading volume of 948,434 shares, compared to its average volume of 465,901. The firm has a market capitalization of $1.16 billion, a P/E ratio of 6.91 and a beta of 2.09. The company has a quick ratio of 1.75, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. G-III Apparel Group has a 52-week low of $20.66 and a 52-week high of $36.18. The company has a 50 day simple moving average of $29.68 and a 200-day simple moving average of $30.48.

G-III Apparel Group (NASDAQ:GIII) last announced its quarterly earnings results on Thursday, March 13th. The textile maker reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.30. The company had revenue of $839.50 million during the quarter, compared to the consensus estimate of $808.59 million. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. G-III Apparel Group’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 earnings per share. As a group, research analysts forecast that G-III Apparel Group will post 4.16 earnings per share for the current fiscal year.

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.