G-III Apparel Group (GIII) to Release Quarterly Earnings on Friday

G-III Apparel Group (NASDAQ:GIII) is expected to be announcing its Q1 2027 results before the market opens on Friday, June 5th. Analysts expect the company to announce earnings of ($0.30) per share and revenue of $529.0680 million for the quarter. 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. Investors are encouraged to explore the company’s upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Friday, June 5, 2026 at 8:30 AM ET.

G-III Apparel Group (NASDAQ:GIII) last posted its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.29). The firm had revenue of $771.49 million for the quarter, compared to the consensus estimate of $791.98 million. G-III Apparel Group had a return on equity of 6.70% and a net margin of 2.28%.The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.27 earnings per share. On average, analysts expect G-III Apparel Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

G-III Apparel Group Stock Performance

NASDAQ:GIII opened at $32.93 on Friday. The company has a market cap of $1.39 billion, a PE ratio of 21.95 and a beta of 1.30. G-III Apparel Group has a 52-week low of $20.33 and a 52-week high of $34.83. The stock has a 50-day simple moving average of $29.57 and a 200 day simple moving average of $29.62.

G-III Apparel Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, June 22nd will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, June 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. G-III Apparel Group’s dividend payout ratio (DPR) is presently 26.67%.

Analysts Set New Price Targets

A number of research firms have weighed in on GIII. Zacks Research upgraded G-III Apparel Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. BTIG Research restated a “buy” rating and set a $34.00 price objective on shares of G-III Apparel Group in a research note on Wednesday, March 18th. Telsey Advisory Group restated a “market perform” rating and set a $29.00 price objective (down from $34.00) on shares of G-III Apparel Group in a research note on Monday, March 9th. Finally, UBS Group lowered their price objective on shares of G-III Apparel Group from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, G-III Apparel Group currently has a consensus rating of “Hold” and a consensus target price of $29.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Balyasny Asset Management L.P. bought a new position in G-III Apparel Group during the second quarter worth about $7,546,000. Barclays PLC increased its position in G-III Apparel Group by 54.0% during the fourth quarter. Barclays PLC now owns 717,607 shares of the textile maker’s stock worth $20,782,000 after acquiring an additional 251,502 shares during the period. Arrowstreet Capital Limited Partnership increased its position in 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 worth $28,054,000 after acquiring an additional 247,245 shares during the period. Millennium Management LLC increased its position in G-III Apparel Group by 1,610.3% during the third quarter. Millennium Management LLC now owns 209,713 shares of the textile maker’s stock worth $5,580,000 after acquiring an additional 197,451 shares during the period. Finally, Squarepoint Ops LLC increased its position in G-III Apparel Group by 193.1% during the second quarter. Squarepoint Ops LLC now owns 261,603 shares of the textile maker’s stock worth $5,860,000 after acquiring an additional 172,352 shares during the period. 92.13% of the stock is currently owned by institutional investors.

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.