G-III Apparel Group (NASDAQ:GIII) Updates Q1 2026 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.050-0.150 for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $580.0 million-$580.0 million, compared to the consensus revenue estimate of $612.9 million. G-III Apparel Group also updated its FY 2026 guidance to 4.150-4.250 EPS.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GIII. UBS Group lowered their target price on G-III Apparel Group from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. Telsey Advisory Group lowered their target price on G-III Apparel Group from $38.00 to $30.00 and set a “market perform” rating on the stock in a research report on Friday. StockNews.com downgraded G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Guggenheim lifted their target price on G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, KeyCorp boosted their price objective 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. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, G-III Apparel Group presently has an average rating of “Hold” and a consensus target price of $32.00.

G-III Apparel Group Price Performance

NASDAQ:GIII opened at $26.67 on Friday. The company has a current ratio of 2.63, a quick ratio of 1.75 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1.17 billion, a P/E ratio of 7.00 and a beta of 2.09. G-III Apparel Group has a 12 month low of $20.66 and a 12 month high of $36.18. The business’s 50-day moving average is $29.46 and its 200 day moving average is $30.45.

G-III Apparel Group (NASDAQ:GIII) last posted its earnings results on Thursday, March 13th. The textile maker reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.30. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The company had revenue of $839.50 million for the quarter, compared to the consensus estimate of $808.59 million. During the same period in the previous year, the business earned $0.76 earnings per share. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, equities 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.