G-III Apparel Group (GIII) Expected to Announce Earnings on Wednesday

G-III Apparel Group (NASDAQ:GIII) is expected to post its Q2 2027 results before the market opens on Wednesday, September 2nd. Analysts expect the company to announce earnings of $0.2334 per share and revenue of $570.3740 million for the quarter. G-III Apparel Group has set its FY 2027 guidance at 2.150-2.250 EPS and its Q2 2027 guidance at 0.150-0.250 EPS. Parties may visit the the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 8:30 AM ET.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings results on Friday, June 5th. The textile maker reported ($0.21) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.09. The company had revenue of $535.96 million during the quarter, compared to analysts’ expectations of $529.07 million. G-III Apparel Group had a net margin of 4.34% and a return on equity of 5.59%. The business’s quarterly revenue was down 8.2% on a year-over-year basis. During the same period last year, the business earned $0.19 EPS. 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 $33.46 on Monday. The stock’s 50-day simple moving average is $34.56 and its 200 day simple moving average is $31.86. The company has a market cap of $1.41 billion, a P/E ratio of 11.82 and a beta of 1.28. G-III Apparel Group has a 52-week low of $24.61 and a 52-week high of $37.54.

G-III Apparel Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, September 15th. G-III Apparel Group’s dividend payout ratio (DPR) is currently 14.13%.

Analyst Ratings Changes

Several equities analysts recently weighed in on GIII shares. Weiss Ratings raised shares of G-III Apparel Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th. Zacks Research lowered shares of G-III Apparel Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. BTIG Research increased their price target on shares of G-III Apparel Group from $34.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Wall Street Zen downgraded shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, KeyCorp restated an “overweight” rating and set a $40.00 price objective (up from $35.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, G-III Apparel Group has a consensus rating of “Hold” and a consensus target price of $33.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GIII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in G-III Apparel Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,228 shares of the textile maker’s stock valued at $635,000 after acquiring an additional 1,018 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in G-III Apparel Group by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 80,197 shares of the textile maker’s stock worth $2,193,000 after purchasing an additional 6,062 shares during the period. Intech Investment Management LLC boosted its position in G-III Apparel Group by 14.1% during the first quarter. Intech Investment Management LLC now owns 46,076 shares of the textile maker’s stock worth $1,260,000 after purchasing an additional 5,685 shares during the period. Strs Ohio bought a new position in G-III Apparel Group during the first quarter worth $77,000. Finally, First Trust Advisors LP increased its holdings in shares of G-III Apparel Group by 15.7% in the second quarter. First Trust Advisors LP now owns 154,445 shares of the textile maker’s stock valued at $3,460,000 after purchasing an additional 20,984 shares during the last quarter. 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.