G-III Apparel Group (NASDAQ:GIII) Releases FY25 Earnings Guidance

G-III Apparel Group (NASDAQ:GIIIGet Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.58-3.68 for the period, compared to the consensus estimate of $3.55. The company issued revenue guidance of ~$3.20 billion, compared to the consensus revenue estimate of $3.18 billion. G-III Apparel Group also updated its FY 2025 guidance to 3.580-3.680 EPS.

Analysts Set New Price Targets

GIII has been the topic of several analyst reports. Barclays reissued an underweight rating and issued a $23.00 target price (down from $30.00) on shares of G-III Apparel Group in a report on Monday, March 4th. UBS Group lowered their price target on G-III Apparel Group from $34.00 to $31.00 and set a neutral rating on the stock in a report on Monday, March 18th. Telsey Advisory Group reaffirmed a market perform rating and set a $29.00 price target on shares of G-III Apparel Group in a report on Monday, June 3rd. StockNews.com raised G-III Apparel Group from a hold rating to a buy rating in a report on Friday. Finally, TheStreet raised G-III Apparel Group from a c+ rating to a b rating in a report on Thursday, March 14th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $27.60.

Read Our Latest Report on GIII

G-III Apparel Group Stock Down 0.8 %

NASDAQ:GIII opened at $26.85 on Friday. G-III Apparel Group has a twelve month low of $18.47 and a twelve month high of $35.68. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 7.03 and a beta of 2.26. The stock has a fifty day simple moving average of $28.37 and a 200-day simple moving average of $30.04. The company has a current ratio of 3.36, a quick ratio of 2.31 and a debt-to-equity ratio of 0.26.

G-III Apparel Group (NASDAQ:GIIIGet Free Report) last released its quarterly earnings data on Thursday, June 6th. The textile maker reported $0.12 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.17. The firm had revenue of $609.75 million during the quarter, compared to the consensus estimate of $615.10 million. G-III Apparel Group had a return on equity of 12.84% and a net margin of 5.76%. Analysts anticipate that G-III Apparel Group will post 3.63 EPS for the current year.

About G-III Apparel Group

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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.

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Earnings History and Estimates for G-III Apparel Group (NASDAQ:GIII)

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