G-III Apparel Group

G-III Apparel reported a non-GAAP net loss of $8.7 million (−$0.21 per share) for Q1 of fiscal 2027, but revenue of $536 million, slightly above expectations. Gross margin widened materially thanks to tariff refunds, and owned brands such as Donna Karan and DKNY showed strong growth. Management forecasts further EPS and revenue growth, expects to complete the Marc Jacobs acquisition in Q3, and is focused on expanding its owned brands. After the results, the stock rose about 6.4% premarket and is trading near its 52-week high. » Más en de.investing.com

G-III Apparel Group will release on June 5, 2026 the results for the quarter ended April 30, 2026. Four analysts expect on average a loss per share of -0.299 USD compared with 0.170 USD a year earlier and revenue of an average 529.1 million USD (prior year: 583.6 million USD). For the current fiscal year analysts forecast on average earnings per share of 2.09 USD with revenue of around 2.71 billion USD (prior year: 1.51 USD and 2.96 billion USD). » Más en finanzen.net

UBS lowered its price objective for G-III Apparel to $26 from $30 while maintaining a Neutral rating, citing PVH brand phaseouts and higher SG&A tied to owned labels with concerns extending beyond FY27. G-III reported fiscal 2026 net sales of $2.96 billion, down 7% (including a $254 million hit from lost PVH revenue), and non-GAAP EPS of $2.61; fourth-quarter net sales fell 8.1% to $771.5 million, producing a $31.9 million net loss that included $45 million of impairments. The company ended the year with about $407 million in cash, returned over $50 million to shareholders, and expects fiscal 2027 net sales around $2.71 billion with EPS of $2.00–2.10. » Más en finance.yahoo.com