G-III Apparel Group (NASDAQ:GIII – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.000-2.100 for the period, compared to the consensus estimate of 2.990. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. G-III Apparel Group also updated its Q1 2027 guidance to -0.400–0.300 EPS.
G-III Apparel Group Stock Down 11.4%
Shares of GIII stock opened at $26.19 on Friday. The firm has a market cap of $1.10 billion, a P/E ratio of 7.86 and a beta of 1.29. G-III Apparel Group has a 12-month low of $20.33 and a 12-month high of $34.83. The company has a 50 day moving average of $29.95 and a 200-day moving average of $28.75.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share 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 company had revenue of $771.49 million during the quarter, compared to the consensus estimate of $791.98 million. During the same quarter last year, the company posted $1.27 earnings per share. The firm’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. As a group, equities analysts expect that G-III Apparel Group will post 4.16 EPS for the current year.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on GIII
Key G-III Apparel Group News
Here are the key news stories impacting G-III Apparel Group this week:
- Positive Sentiment: Board declared a quarterly cash dividend of $0.10 per share, payable March 30, 2026 (record date March 23). This provides a modest income signal to investors. Read More.
- Positive Sentiment: Company and some outlets framed Q4 as a step in a strategic transformation, signaling management is executing changes that could improve margins over time. Read More.
- Neutral Sentiment: Earnings call transcript and summaries are available for detail — useful for parsing management’s assumptions behind the guidance and any one‑time items. Read More.
- Neutral Sentiment: Company press release with full Q4 and FY2027 outlook provides the official numbers and narrative (useful for modeling). Read More.
- Negative Sentiment: Q4 EPS of $0.30 missed the $0.59 consensus and revenue of $771.5M missed estimates (~$792M); revenue was down ~8.1% YoY and last year’s Q4 EPS was $1.27 — these top‑line and profit shortfalls are the immediate driver of selling pressure. Read More.
- Negative Sentiment: Management issued weak guidance: FY2027 EPS of $2.00–2.10 versus consensus near $2.99, and Q1 EPS guided to -$0.40–-0.30 vs. a consensus around breakeven — these cuts materially lower near‑term earnings expectations. Read More.
- Negative Sentiment: Exposure to Saks Global’s bankruptcy hit results in the quarter, adding uncertainty around recoveries and future wholesale demand. Read More.
- Negative Sentiment: Market headlines note shares fell sharply after the report and guidance; traders priced in the earnings miss and lower EPS outlook. Read More.
Institutional Investors Weigh In On G-III Apparel Group
Several large investors have recently modified their holdings of GIII. Balyasny Asset Management L.P. purchased a new position in G-III Apparel Group in the second quarter valued at about $7,546,000. Barclays PLC lifted its holdings in G-III Apparel Group by 54.0% during the 4th quarter. Barclays PLC now owns 717,607 shares of the textile maker’s stock valued at $20,782,000 after buying an additional 251,502 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of G-III Apparel Group by 30.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,054,266 shares of the textile maker’s stock valued at $28,054,000 after acquiring an additional 247,245 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of G-III Apparel Group by 1,610.3% during the 3rd quarter. Millennium Management LLC now owns 209,713 shares of the textile maker’s stock valued at $5,580,000 after purchasing an additional 197,451 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its stake in G-III Apparel Group by 193.1% in the 2nd quarter. Squarepoint Ops LLC now owns 261,603 shares of the textile maker’s stock worth $5,860,000 after purchasing an additional 172,352 shares in the last quarter. 92.13% of the stock is currently owned by institutional investors and hedge funds.
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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