G-III Apparel Group, LTD. (NASDAQ:GIII – Get Free Report) declared a quarterly dividend on Thursday, March 12th. Investors of record on Monday, March 23rd will be paid 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 of this dividend is Monday, March 23rd.
G-III Apparel Group Stock Performance
Shares of GIII stock opened at $26.64 on Friday. The stock has a 50 day moving average price of $29.53 and a 200 day moving average price of $28.73. G-III Apparel Group has a 52-week low of $20.33 and a 52-week high of $34.83. The firm has a market capitalization of $1.12 billion, a P/E ratio of 17.76 and a beta of 1.29.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The textile maker reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.29). The company had revenue of $771.49 million during the quarter, compared to the consensus estimate of $791.98 million. G-III Apparel Group had a return on equity of 6.73% and a net margin of 2.28%.The company’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.27 earnings per share. 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. As a group, sell-side analysts forecast that G-III Apparel Group will post 4.16 EPS for the current year.
About G-III Apparel Group
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.
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