GIII

G-III Apparel Group, Ltd. GIII reported second-quarter fiscal 2027 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. Adjusted earnings increased year over year, while net sales declined. The company’s go-forward portfolio delivered high-single-digit sales growth, underscoring momentum in its business as G-III transitions away from the Calvin Klein and Tommy Hilfiger licenses. Price increases and a continued shift toward higher-margin owned brands supported substantial gross-margin expansion.Management raised its fiscal 2027 GAAP and adjusted earnings guidance, while maintaining its sales forecast and lowering its adjusted EBITDA outlook. G-III completed the Marc Jacobs acquisition, further advancing its strategic transformation. Management is targeting $1 billion in long-term annual revenues for Marc Jacobs and expects the addition to strengthen the company’s portfolio and global fashion positioning. G-III Apparel Group, LTD. price-consensus-eps-surprise-chart | G-III Apparel Group, LTD. Quote G-III reported adjusted earnings of 26 cents per share, beating the Zacks Consensus Estimate of 25 cents. The bottom line also increased 4% from adjusted earnings of 25 cents per share in the year-ago quarter and exceeded the upper end of management’s prior guidance of 15-25 cents.Net sales declined 9.6% year over year to $554.1 million and missed the Zacks Consensus Estimate of $570 million. Sales came in below management’s prior projection of $570 million. Growth in the go-forward portfolio provided support as the company continued its portfolio transition.Adjusted net income totaled $11.5 million compared with $11.2 million in the prior-year quarter. Net income increased to $20.2 million or 46 cents per share, from $10.9 million or 25 cents per share, a year earlier.The adjusted results exclude tariff-refund benefits and related interest income, Marc Jacobs acquisition expenses and a tax benefit from the release of a valuation allowance. The valuation-allowance release contributed a $9.3-million tax benefit to GAAP results in the quarter. Gross profit was nearly flat year over year at $250.4 million. The gross margin expanded 440 basis points to 45.2% from 40.8%, driven by price increases and a greater mix of higher-margin owned brands. The adjusted gross margin stood at 45.2%.Selling, general and administrative expenses increased 2% year over year to $231.4 million from $226.8 million. As a percentage of net sales, these expenses rose to 41.8% from 37%, reflecting expense deleverage on the lower revenue base.Operating profit declined to $10.8 million from $16.3 million in the year-ago quarter. Adjusted EBITDA decreased 13.1% to $20.2 million from $23.3 million, despite the improvement in gross margin. G-III ended the quarter with cash and cash equivalents of $529.2 million compared with $301.8 million in the prior-year period. Inventories declined 13% year over year to $555 million from $639.8 million.Total debt stood at $7.8 million compared with $15.5 million a year earlier, while stockholders’ equity increased to $1.82 billion from $1.71 billion. Cash less total debt amounted to approximately $521.4 million as of July 31, 2026.The company returned $12.2 million to shareholders during the quarter, comprising $7.9 million in share repurchases and $4.3 million in dividend payments. For the third quarter of fiscal 2027, G-III expects net sales of approximately $870 million compared with $988.6 million in the prior-year quarter.Net income and adjusted net income are each projected between $59 million and $64 million or $1.35-$1.45 per share. These figures compare with net income of $80.6 million, or $1.84 per share and adjusted net income of $83.4 million, or $1.90 per share, in the year-ago period. For fiscal 2027, G-III continues to expect net sales of approximately $2.71 billion compared with $2.96 billion in fiscal 2026. The outlook incorporates a loss of approximately $460 million in sales from Calvin Klein and Tommy Hilfiger products, versus approximately $470 million anticipated previously.The company expects net income between $181 million and $185 million, or $4.10-$4.20 per share, up from its prior forecast of $171-$175 million, or $3.85-$3.95 per share. Fiscal 2026 net income was $67.4 million or $1.51 per share.Adjusted net income is projected between $97 million and $101 million or $2.20-$2.30 per share. This marks an increase from the previous forecast of $95-$99 million or $2.15-$2.25 per share. The company reported adjusted net income of $116.2 million, or $2.61 per share, in fiscal 2026.However, management lowered its adjusted EBITDA outlook to $174-$178 million from the previously projected $178-$182 million. Adjusted EBITDA totaled $192.4 million in fiscal 2026.The fiscal 2027 outlook excludes any impact related to Marc Jacobs, with more specific guidance expected when G-III reports third-quarter earnings. Management expects the acquisition to be slightly dilutive in fiscal 2027 and dilutive during the first 12 months after closing, with accretion expected thereafter. GIII Stock Past Three-Month Performance Image Source: Zacks Investment Research Shares of this Zacks Rank #3 (Hold) company have lost 0.4% over the past three months against the industry’s 2% growth. Urban Outfitters, Inc. URBN is a lifestyle products and services company that sells fashion apparel, accessories, footwear, home goods and related offerings through a portfolio of global consumer brands. The company carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for Urban Outfitters’ current fiscal-year earnings and sales suggests growth of 13.1% and 9.1%, respectively, from the year-ago actuals. URBN delivered a trailing four-quarter average earnings surprise of 9.7%.Boot Barn Holdings, Inc. BOOT is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. The company also holds a Zacks Rank #2 at present. The Zacks Consensus Estimate for Boot Barn’s current fiscal-year earnings and sales suggests growth of 22.6% and 15.7%, respectively, from the year-ago actuals. BOOT delivered a trailing four-quarter average earnings surprise of 11.4%.Fossil Group, Inc. FOSL is involved in designing, marketing and distributing consumer fashion accessories. It also carries a Zacks Rank #2.The Zacks Consensus Estimate for Fossil Group’s current fiscal-year earnings suggests growth of 96.7% from the year-ago actuals. FOSL delivered a trailing four-quarter average negative earnings surprise of 236.2%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT) : Free Stock Analysis Report Fossil Group, Inc. (FOSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Net Sales: $555 million for Q2 fiscal 2027, down 10% from $613 million in the prior year. Wholesale Segment Net Sales: $531 million, down from $589 million in the prior year. Retail Segment Net Sales: $40 million, down from $41 million in the prior year. Gross Margin: 45.2%, up 440 basis points from 40.8% in the prior year. Wholesale Gross Margin: 43.3%, up from 38.9% in the prior year. Retail Gross Margin: 50.6%, down from 52.4% in the prior year. SG&A Expenses: $231 million, up from $227 million in the prior year. GAAP Net Income: $20.2 million, or $0.46 per diluted share, up from $10.9 million, or $0.25 per diluted share, in the prior year. Non-GAAP Net Income: $11.5 million, or $0.26 per diluted share, up from $11.2 million, or $0.25 per diluted share, in the prior year. Cash Position: $529 million at quarter end, up from $302 million in the prior year. Inventory: Down approximately 13% compared to the prior year. Donna Karan Sales: Increased more than 45% in the second quarter. DKNY Digital Sales: Mid-20% growth on dkny.com versus the prior year. DKNY Comparable Store Sales: Solid mid-single-digit comp during the quarter. Full-Year Fiscal 2027 Net Sales Guidance: Approximately $2.71 billion, down approximately 8% compared to the prior year. Full-Year Fiscal 2027 Non-GAAP EPS Guidance: Raised to $2.20 to $2.30 per diluted share. Full-Year Fiscal 2027 Adjusted EBITDA Guidance: Between $174 million and $178 million. Third Quarter Fiscal 2027 Net Sales Guidance: Approximately $870 million. Third Quarter Fiscal 2027 Non-GAAP EPS Guidance: Between $1.34 and $1.45 per diluted share. Warning! GuruFocus has detected 7 Warning Sign with CXM. Is GIII fairly valued? Test your thesis with our free DCF calculator. Release Date: September 02, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. G-III Apparel Group Ltd (NASDAQ:GIII) reported second-quarter non-GAAP earnings per diluted share of $0.26, exceeding its guidance of $0.15 to $0.25. Gross margin expanded significantly by 440 basis points to 45.2%, driven by pricing actions, healthy full-price selling, and a favorable mix shift toward higher-margin owned brands. The company completed the transformational acquisition of Marc Jacobs, which is expected to provide a significant multiyear growth runway and is projected to generate $1 billion in annual revenue long-term. The go-forward portfolio, excluding Calvin Klein and Tommy Hilfiger, grew high single digits, with wholesale sales in full-price channels up more than 20% in the quarter. Owned brands showed strong momentum, with Donna Karan sales increasing over 45% and DKNY's digital channel growing mid-20%, supported by new marketing campaigns and expanded distribution. The balance sheet remains strong with approximately $530 million in cash and $1 billion in available liquidity, supported by the receipt of $134 million in tariff refunds. Inventory levels are healthy, down 13% year-over-year, reflecting disciplined inventory management. The company raised its full-year fiscal 2027 non-GAAP earnings per diluted share guidance to $2.20 to $2.30, reflecting the upside from the second quarter. Second-quarter net sales of $554 million were slightly below the company's plan, impacted by macro softness in the European business. Sales from Calvin Klein and Tommy Hilfiger were lower than planned as the company exits these licenses, contributing to an overall 10% decline in net sales. The European consumer environment remains challenged, with traffic down dramatically and impacting performance for brands like Karl Lagerfeld. The Marc Jacobs acquisition is expected to be dilutive to earnings in the first 12 months of ownership, including a slight dilution for the remainder of fiscal 2027. The company faces potential headwinds from weather-related delivery delays and container shipping issues that could impact sales timing. The retail segment's gross margin percentage decreased to 50.6% from 52.4% in the prior year, impacted by increased promotional activity. The company's guidance assumes current tariff rates for the remainder of the year, leaving exposure to potential changes in tariff policy. Approximately $370 million of Calvin Klein and Tommy Hilfiger net sales expected this year will not recur in fiscal 2028, creating a significant revenue headwind for next year. Q: Can you expand on the sales performance in the second quarter, the comfort level with the second-half sales outlook, and the impact of the European decline?A: Morris Goldfarb (CEO) explained that the slight sales miss was due to timing issues like delivery delays and container misses, which shifted sales into the next quarter rather than representing a fundamental loss. He attributed the European decline to dramatically reduced traffic, macroeconomic softness, and unseasonably warm weather, not mismanagement. Neal Nackman (CFO) added that comfort with the rest of the year is supported by a wholesale order book that is approximately 90% complete and strong performance in the go-forward portfolio. Q: Can you provide more detail on the gross margin expansion, tariff implications, and the promotional environment in US wholesale?A: Neal Nackman (CFO) stated that the significant gross margin increase was driven by pricing actions taken in response to tariffs and the mix shift toward higher-margin owned brands. Morris Goldfarb (CEO) noted that full-price selling for owned brands was up over 20%, the promotional environment in department stores is less aggressive than historically, and the off-price channel is expected to prosper despite recent pressure. Q: What are the nuances to be aware of for the third quarter, and is the improvement in the fourth quarter primarily a function of freight timing?A: Morris Goldfarb (CEO) addressed potential weather-related concerns, noting that the company is appropriately hedged as outerwear now represents just over 25% of sales, down from 100% a decade ago, with a strong presence in less seasonal categories like swimwear and dresses. He also mentioned that while there are potential container shipping delays due to storms, the company is monitoring the situation closely. The fourth-quarter improvement is partly due to the timing of shipments shifting from Q2. Q: What portion of the long-term $1 billion revenue opportunity for Marc Jacobs will come from broadening existing categories versus entirely new product areas like ready-to-wear?A: Morris Goldfarb (CEO) explained that nothing is entirely new, as Marc Jacobs has touched on all categories, but the company has historically focused almost exclusively on handbags and accessories. The significant opportunity lies in leveraging G-III's proven template of creating multiple product classifications for department stores, which was successful with Calvin Klein and Tommy Hilfiger. He noted that G-III was already developing classifications before the deal closed and expects to transition quickly using its existing talent pool. Q: Did the embedded tariff assumption change within the model for the second half?A: Neal Nackman (CFO) confirmed that the company changed its internal modeling to view current tariff rates as opposed to the prior IEEPA tariff rates. Q: Can you discuss near-term opportunities in the second half and any immediate synergies from the Marc Jacobs acquisition that could impact the margin profile?A: Morris Goldfarb (CEO) highlighted immediate synergies by leveraging G-III's systems, real estate, and talent pool to fill empty spaces at Marc Jacobs, avoiding the need for new hires. He also emphasized the significant licensing opportunities with WHP Global, which were reviewed post-closing, including signing new licenses and penetrating underdeveloped geographic regions, which will provide additional income for G-III. Q: Can you elaborate on the performance of the Donna Karan and DKNY brands and their growth drivers?A: Morris Goldfarb (CEO) reported that Donna Karan sales increased more than 45% in the second quarter, driven by solid consumer demand, healthy full-price selling, and strong digital performance. The launch of the Fall 2026 campaign with Kendall Jenner is expected to introduce the brand to new audiences. DKNY is building momentum with increased store counts at key retail partners, mid-20% growth on dkny.com, and solid mid-single-digit comps in its stores, supported by new marketing campaigns featuring Iris Law and Amelia Gray. Q: What is the outlook for the Karl Lagerfeld brand given the challenging European environment?A: Morris Goldfarb (CEO) stated that Karl Lagerfeld delivered strong growth in North America, led by the wholesale business, while European sales were affected by the challenging consumer environment. Despite this, gross margins expanded in Europe. The company is building the brand as a global lifestyle brand, with expansions in men's and women's categories, strong performance in Karl Lagerfeld Jeans internationally, and new ventures like the Karl Lagerfeld Cafe in Amsterdam and residential projects in Lisbon. Q: Can you provide more color on the performance of the licensed portfolio, including sports and lifestyle brands?A: Morris Goldfarb (CEO) noted that the sports and lifestyle platform delivered healthy growth, with Levi's being a highlight due to its alignment with current fashion trends. Converse continues to scale as distribution expands, and Starter is being extended beyond traditional sports through collaborations like the Pokemon jacket with Target. The contemporary platform is gaining momentum with French Connection and BCBG, and Joules will launch in approximately 400 doors across North America this fall. Q: What are the key drivers behind the decision to acquire Marc Jacobs, and how does it fit into G-III's long-term strategy?A: Morris Goldfarb (CEO) reiterated three core drivers: First, Marc Jacobs is a differentiated global brand with a passionate following and strong creative vision. Second, there is significant opportunity to unlock growth by building the ready-to-wear business and expanding into new channels and geographies, leveraging G-III's wholesale capabilities. Third, the transaction structure provides multiple avenues for value creation, including 100% ownership of the operating company and a 50% stake in the IP joint venture with WHP Global, which will lead global licensing strategy. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in G-III Apparel Group, LTD.? Here are five stocks we like better. G-III exceeded Q2 earnings guidance despite sales falling 10% to $555 million as it phased out Calvin Klein and Tommy Hilfiger licenses. Gross margin expanded 440 basis points to 45.2%, supported by pricing and a shift toward higher-margin owned brands. The company completed its acquisition of Marc Jacobs, which generated approximately $360 million in expected annual sales. G-III anticipates near-term dilution but believes the brand could eventually generate $1 billion in annual revenue. G-III reaffirmed fiscal 2027 sales guidance of roughly $2.71 billion but raised its adjusted earnings forecast to $2.20-$2.30 per share and expects nearly 400 basis points of full-year gross-margin improvement. 2 Off-Price Retail Titans: Which Stock Has More Upside in 2025? G-III Apparel Group (NASDAQ:GIII) reported second-quarter fiscal 2027 earnings above its guidance range, supported by gross-margin expansion and expense management, while reaffirming its annual sales outlook and raising its adjusted earnings forecast. The company also completed its acquisition of Marc Jacobs, which management described as a transformational step in its shift toward a portfolio led by owned brands. For the quarter ended July 31, 2026, G-III reported net sales of $555 million, down 10% from $613 million a year earlier. The decline primarily reflected the anticipated reduction in Calvin Klein and Tommy Hilfiger sales as G-III exits those licenses. Wholesale sales fell to $531 million from $589 million, while retail sales were $40 million, compared with $41 million in the prior-year period. → AST SpaceMobile Is Down 54%—Can FCC Progress and BlueBirds Reverse the Slide? 5 Ways Ralph Lauren Stock is Dressed for Success Chairman and Chief Executive Officer Morris Goldfarb said sales were slightly below plan, largely due to softness in Europe and lower-than-planned results from the Calvin Klein and Tommy Hilfiger licensed businesses. However, he said the company’s go-forward portfolio, excluding those two licenses, grew at a high-single-digit rate during the quarter. Wholesale sales through full-price channels for that portfolio rose more than 20%. Second-quarter gross margin increased 440 basis points year over year to 45.2%, from 40.8%. Chief Financial Officer Neal Nackman attributed the improvement to selective price increases and a continued shift toward higher-margin owned brands. Wholesale gross margin rose to 43.3% from 38.9%, while retail gross margin declined to 50.6% from 52.4% amid increased promotional activity. → Palo Alto’s Rally Has One Big Problem Ahead of Earnings Levi’s: Buy On The Dip Or Downtrend In Play? GAAP net income totaled $20.2 million, or $0.46 per diluted share, compared with $10.9 million, or $0.25 per diluted share, a year earlier. Non-GAAP net income was $11.5 million, or $0.26 per diluted share, compared with $11.2 million, or $0.25 per diluted share, in the prior-year quarter. The company’s non-GAAP earnings result exceeded its prior guidance range of $0.15 to $0.25 per diluted share. SG&A expenses were $231 million, compared with $227 million in the prior-year period after excluding $4 million in Marc Jacobs acquisition-related expenses. Nackman said the company experienced expense deleverage as it invested in people, technology and marketing, partly offset by warehouse efficiencies tied to capacity optimization. → Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season G-III ended the quarter with $529 million in cash and approximately $1 billion in available liquidity. Its cash balance included about $134 million in tariff refunds and interest received during the quarter. Inventory declined approximately 13% year over year. G-III completed the Marc Jacobs acquisition following the end of the quarter. The company owns the Marc Jacobs operating business, including retail, wholesale and e-commerce operations, and will oversee product development, sourcing, distribution and marketing. G-III also owns 50% of the Marc Jacobs intellectual property through a joint venture with WHP Global, which will lead global licensing strategy. Goldfarb said Marc Jacobs currently derives roughly 90% of its revenue from handbags, small leather goods and accessories. G-III sees an opportunity to build out ready-to-wear and other lifestyle categories, while also expanding wholesale distribution and international operations. Marc Jacobs generates approximately two-thirds of its revenue through direct-to-consumer operations and has more than 100 company-operated stores, the majority of which are in the outlet channel, according to Goldfarb. Management expects the Marc Jacobs operating business to generate approximately $360 million in global sales this year, excluding licensing revenue from the intellectual-property joint venture. G-III expects the transaction to be slightly dilutive for the remainder of fiscal 2027 and dilutive over the first 12 months of ownership, before becoming accretive thereafter. Over the longer term, Goldfarb said the company believes Marc Jacobs can generate $1 billion in annual revenue for G-III. The company did not include Marc Jacobs in its fiscal 2027 outlook because of the timing of the transaction close. Management expects to update guidance to incorporate the brand when it reports third-quarter results in December. G-III highlighted continued growth across several owned brands. Donna Karan sales increased more than 45% during the quarter, aided by full-price selling, digital demand and strength in dresses, handbags and footwear. DKNY’s website recorded mid-20% year-over-year growth, driven by higher conversion and average unit retail, while DKNY stores posted a mid-single-digit comparable-sales increase. Karl Lagerfeld posted strong North American growth, led by wholesale, though European sales remained pressured by consumer conditions. Vilebrequin reported positive sales growth, including resilient performance in Europe, the Caribbean and Asia, and margin above the company’s target. Goldfarb said European traffic has fallen amid economic challenges, promotional activity, reduced travel from the Middle East and unusually warm weather. He said management remains comfortable with its European organization and product offering despite the regional pressures. The company’s sports and lifestyle licensed platform also delivered growth, with Levi’s identified as a quarterly highlight. G-III said it plans to launch Joules, a British lifestyle brand owned by Next, in approximately 400 North American doors during the fall. G-III reiterated its fiscal 2027 net-sales forecast of approximately $2.71 billion, representing an expected decline of about 8% from the prior year. The outlook includes approximately $460 million of lost Calvin Klein and Tommy Hilfiger sales, partly offset by expected high-single-digit growth in the go-forward portfolio. The company raised its full-year non-GAAP net-income forecast to $97 million to $101 million, or $2.20 to $2.30 per diluted share. It now expects adjusted EBITDA of $174 million to $178 million and gross-margin improvement of close to 400 basis points for the year. For the third quarter, G-III expects net sales of approximately $870 million, compared with $989 million in the prior-year quarter, as the company continues to transition away from the PVH licenses. It forecasts third-quarter non-GAAP earnings of $1.34 to $1.45 per diluted share. Nackman said the company’s guidance assumes tariffs for the remainder of the year remain at current rates. Management said it has completed roughly 90% of its wholesale order book for the year, which it cited as a source of confidence in its outlook. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "G-III Apparel Group Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

G-III Apparel Group (GIII) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.00%. A quarter ago, it was expected that this clothing and accessories maker would post a loss of $0.3 per share when it actually produced a loss of $0.21, delivering a surprise of +30%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. G-III Apparel, which belongs to the Zacks Textile - Apparel industry, posted revenues of $554.09 million for the quarter ended July 2026, missing the Zacks Consensus Estimate by 2.86%. This compares to year-ago revenues of $613.27 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. G-III Apparel shares have added about 11.1% since the beginning of the year versus the S&P 500's gain of 11.5%. While G-III Apparel has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for G-III Apparel was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.71 on $893.55 million in revenues for the coming quarter and $2.24 on $2.71 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Cintas (CTAS), is yet to report results for the quarter ended August 2026. This uniform rental company is expected to post quarterly earnings of $1.35 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Cintas' revenues are expected to be $2.97 billion, up 9.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report Cintas Corporation (CTAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Fashion conglomerate G-III (NASDAQ:GIII) will be reporting earnings this Wednesday before market hours. Here’s what investors should know. G-III beat analysts’ revenue expectations last quarter, reporting revenues of $536 million, down 8.2% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. Is G-III a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting G-III’s revenue to decline 7% year on year, a further deceleration from the 4.9% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. G-III has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at G-III’s peers in the consumer discretionary - apparel and accessories segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Figs delivered year-on-year revenue growth of 28.8%, beating analysts’ expectations by 5.6%, and Movado reported revenues up 4.9%, topping estimates by 3.4%. Figs traded up 26.9% following the results while Movado was down 1.3%. Read our full analysis of Figs’s results here and Movado’s results here. In the last year or so, investors have shifted their focus from one macro dynamic to the next (AI disintermediation and AI investment to geopolitical conflict, interest rates, and the health of the wider economy). While some of the consumer discretionary - apparel and accessories stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.3% on average over the last month. G-III is down 10.4% during the same time and is heading into earnings with an average analyst price target of $39.33 (compared to the current share price of $32.62). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NASDAQ: GIII) today announced that it will release its second quarter fiscal 2027 earnings before the market opens on Wednesday, September 2, 2026. Management will host a conference call to discuss results at 8:30 a.m. ET that same day, followed by a question and answer session for the investment community. To participate via telephone, please register in advance at this link: G-III Apparel Group Second Quarter Fiscal 2027 Earnings Conference Call. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to access the call. While registration is open through the live call, the company suggests registering at a minimum of 10 minutes before the start of the call. The call can also be accessed via a live audio webcast at https://ir.g-iii.com. A replay of the conference call will be available using the same link, as well as on the company’s Investor Relations website. About G-III Apparel Group, Ltd. G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing. The Company owns and licenses a portfolio of more than 30 preeminent brands, each differentiated by unique brand propositions, product categories, and consumer touchpoints. G-III owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel, and Vilebrequin, and licenses over 20 of the most sought-after names in global fashion, including Calvin Klein, Tommy Hilfiger, Levi’s, Halston, Champion, Converse, Cole Haan, BCBG, French Connection, Starter, as well as major sports leagues such as the NFL, NBA, NHL and MLB, among others. Statements concerning G-III's expectations regarding future events are "forward-looking statements" as that term is defined under the federal securities laws. Forward-looking statements are subject to risks, uncertainties and factors which include, but are not limited to, risks related to the reliance on licensed product, risks relating to G-III’s ability to increase revenues from sales of its other products, new acquired businesses or new license agreements as licenses for Calvin Klein and Tommy Hilfiger product expire on a staggered basis, reliance on foreign manufacturers, risks of doing business abroad, supply chain disruptions, risks related to acts of terrorism and the effects of war, the current economic and credit environment risks related to our indebtedness, the nature of the apparel industry, including changing customer demand and tastes, customer concentration, seasonality, risks of operating a retail business, risks related to G-III’s ability to reduce the losses incurred in its retail operations, customer acceptance of new products, the impact of competitive products and pricing, dependence on existing management, possible disruption from acquisitions, the impact on G-III’s business of the imposition of tariffs by the United States government and business and general economic conditions, including inflation and higher interest rates, as well as other risks detailed in G-III's filings with the Securities and Exchange Commission. G-III assumes no obligation to update the information in this release. Investor Relations Contact:Nick BacchusSVP of Investor Relations and [email protected]

NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- G-III Apparel Group, Ltd. (NASDAQ: GIII) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share. The dividend is payable on September 29, 2026 to stockholders of record on September 15, 2026. About G-III Apparel Group, Ltd. G-III Apparel Group, Ltd. is a global fashion leader with expertise in design, sourcing, distribution, and marketing. The Company owns and licenses a portfolio of more than 30 preeminent brands, each differentiated by unique brand propositions, product categories, and consumer touchpoints. G-III owns ten iconic brands, including DKNY, Donna Karan, Karl Lagerfeld, Sonia Rykiel, and Vilebrequin, and licenses over 20 of the most sought-after names in global fashion, including Calvin Klein, Tommy Hilfiger, Levi’s, Halston, Champion, Converse, Cole Haan, BCBG, French Connection, Starter, as well as major sports leagues such as the NFL, NBA, NHL and MLB, among others. Statements concerning G-III's expectations regarding future events are "forward-looking statements" as that term is defined under the federal securities laws. Forward-looking statements are subject to risks, uncertainties and factors which include, but are not limited to, risks related to the reliance on licensed product, risks relating to G-III’s ability to increase revenues from sales of its other products, new acquired businesses or new license agreements as licenses for Calvin Klein and Tommy Hilfiger product expire on a staggered basis, reliance on foreign manufacturers, risks of doing business abroad, supply chain disruptions, risks related to acts of terrorism and the effects of war, the current economic and credit environment risks related to our indebtedness, the nature of the apparel industry, including changing customer demand and tastes, customer concentration, seasonality, risks of operating a retail business, risks related to G-III’s ability to reduce the losses incurred in its retail operations, customer acceptance of new products, the impact of competitive products and pricing, dependence on existing management, possible disruption from acquisitions, the impact on G-III’s business of the imposition of tariffs by the United States government and business and general economic conditions, including inflation and higher interest rates, as well as other risks detailed in G-III's filings with the Securities and Exchange Commission. G-III assumes no obligation to update the information in this release. Investor Relations Contact:Nick BacchusSVP of Investor Relations and Treasurer [email protected]

In June 2026, G-III Apparel Group filed an US$85.13 million shelf registration for 2,500,000 common shares tied to an ESOP-related offering, following first-quarter results showing sales of US$535.96 million and net income of US$66.53 million. Alongside this, the company raised full-year earnings guidance despite planning for lower net sales, while analyst ratings highlighted both strong momentum and value factors versus apparel peers. We’ll now look at how the raised full-year earnings guidance shapes G-III Apparel Group’s investment narrative and future prospects. The future of work is here. Discover the 31 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. To own G‑III Apparel Group today, you need to believe the company can convert its licensing-heavy, multi-brand model into resilient earnings even as net sales trend lower and the Calvin Klein/Tommy Hilfiger volume rolls off. The big near term swing factor is whether management can sustain the sharp improvement in profitability hinted at by first quarter results and the raised full-year earnings guidance. That guidance reset is now the key catalyst, with the stock’s recent strong momentum suggesting the market is starting to price in better execution. Against that, revenue is still expected to contract, return on equity remains modest and past results have been distorted by one-off items, so there is little room for operational missteps. The ESOP-related US$85.13 million shelf itself is unlikely to be a major driver, but it does add another moving part around capital allocation that investors will watch closely. However, one risk stands out that investors should be aware of. G-III Apparel Group's share price has been on the slide but might be dropping deeper into value territory. Find out whether it's a bargain at this price. Three fair value estimates from the Simply Wall St Community span roughly US$20 to US$40 per share, underlining how differently investors are weighing G‑III’s upgraded earnings guidance against its shrinking sales base and execution risks. Explore 3 other fair value estimates on G-III Apparel Group - why the stock might be worth as much as 15% more than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your G-III Apparel Group research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision. Our free G-III Apparel Group research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate G-III Apparel Group's overall financial health at a glance. Our top stock finds are flying under the radar-for now. Get in early: AI is about to change healthcare. These 41 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. Find 45 companies with promising cash flow potential yet trading below their fair value. Invest in the nuclear renaissance through our list of 88 elite nuclear energy infrastructure plays powering the global AI revolution. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include GIII. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

G-III Apparel Group, Ltd. GIII used its first-quarter call to argue that the business is moving past a license-heavy model and into a more brand-led phase. Management framed the quarter less as a revenue story and more as evidence that mix, pricing and owned brands are lifting earnings quality. That message mattered because the company raised full-year non-GAAP earnings guidance, even as it held its sales outlook steady and prepared to close the Marc Jacobs transaction. Chairman and CEO Morris Goldfarb said the company’s go-forward portfolio grew in both North America and Europe, even as reported sales were pressured by the planned loss of PVH brand revenue. He emphasized that full-price selling improved and that the quality of sales strengthened as owned brands became a larger part of the mix. That framing was backed by the numbers management chose to stress. First-quarter net sales fell 8% to $536.0 million, but adjusted gross margin rose 350 basis points to 45.7%. Non-GAAP loss per share of $0.21 came in above the Zacks Consensus Estimate of a loss of $0.30, with an average earnings surprise of +30.00%. Revenues also topped the Zacks Consensus Estimate of $530 million, with the average revenue surprise being +1.13%. G-III Apparel Group, LTD. price-consensus-eps-surprise-chart | G-III Apparel Group, LTD. Quote Chief financial officer Neal Nackman said inventories were down 8% year over year and cash reached $394.2 million, giving GIII flexibility as it funds growth and absorbs portfolio changes. Goldfarb presented the pending Marc Jacobs deal as the clearest proof point of G-III’s strategic shift. He said the acquisition accelerates the move toward higher-margin, longer-duration brand equity and should upgrade earnings quality over time. Management highlighted three pillars behind the transaction: the global relevance of the brand, the opportunity to expand beyond its current accessories-heavy base into broader lifestyle categories, and a structure that gives G-III operating control while sharing brand ownership with WHP Global. G-III will own 100% of the operating company and half of the intellectual property joint venture. Goldfarb said the deal should be dilutive in the first year and accretive afterward. He added that G-III expects to fund its roughly $500 million investment with cash and its revolving credit facility, while maintaining low leverage and solid liquidity after closing in the third quarter. Nackman’s financial discussion centered on margin recovery rather than top-line pressure. He said the first-quarter gross margin benefited from pricing actions taken last year, a richer mix of owned brands and tariff mitigation efforts. The reported margin figures were also affected by a large tariff-related accounting benefit. G-III recorded a $140 million receivable tied to the expected recovery of previously paid IEEPA tariffs, including a roughly $120 million reduction in cost of goods sold and about $20 million of inventory carrying-value relief that will benefit results through the rest of fiscal 2027. Management excluded that benefit from non-GAAP results, which left a cleaner picture of underlying improvement. On that basis, Nackman said the company is now running a portfolio that mixes low double-digit licensed operating margins with mid- to upper-teen owned-brand margins. The clearest guidance change was on earnings. G-III reiterated fiscal 2027 net sales of about $2.71 billion, reflecting the loss of about $470 million in Calvin Klein and Tommy Hilfiger sales, but raised non-GAAP earnings guidance to $2.15 to $2.25 per share from $2.00 to $2.10. Adjusted EBITDA guidance also moved higher to $178 million to $182 million from $158 million to $162 million. Nackman said the outlook assumes tariffs for the rest of the year approximate IEEPA-era rates, anticipates about 400 basis points of gross-margin improvement for the full year, and excludes any contribution from Marc Jacobs. For the second quarter, management projected sales of about $570 million and non-GAAP earnings of $0.15 to $0.25 per share, with gross-margin expansion of roughly 450 basis points. A BTIG analyst asked where the biggest white-space opportunities sit across the portfolio. Goldfarb pointed to category expansion, international rollout and direct-to-consumer growth, arguing that DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin remain early in their development curves. A Telsey Advisory Group analyst pressed management on margin potential across the reshaped portfolio. Goldfarb said Marc Jacobs already carries strong retail margins and that G-III’s role is to scale the business, while Nackman added that the hybrid structure should preserve healthier profitability than a pure licensed model. A KeyBanc Capital Markets analyst asked whether wholesale partners were growing more cautious. Goldfarb acknowledged softer conditions in Europe but said North American sell-throughs still show consumers buying apparel selectively, with no broad pullback evident in partner behavior so far. The call’s broader tone was assertive. Goldfarb repeatedly returned to the idea that G-III is not just replacing lost licensed revenue, but rebuilding the company around brands it can shape, protect and scale over longer cycles. That left investors with a clear hierarchy of priorities: execute the owned-brand playbook, close and integrate Marc Jacobs, preserve margin gains and manage the transition away from expiring licenses without giving back balance-sheet flexibility. GIII carries a Zacks Rank #3 (Hold), with a Value Score of A, Growth Score of F, Momentum Score of B and VGM Score of B. Under Zacks’ framework, the rank remains the first screen, while Style Scores help refine how attractive a stock looks for a given trading style over the next one to three months. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. That mix points to stronger value and momentum characteristics than growth characteristics at the moment. Zacks also notes that Rank and Style Scores can change as earnings estimate revisions move after reported results, so the post-call setup should be viewed as current rather than fixed. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

G-III Apparel Group, Ltd. GIII reported first-quarter fiscal 2027 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics decreased year over year. The quarterly performance reflected the planned exit of Calvin Klein and Tommy Hilfiger licensed businesses. However, the company highlighted continued momentum across G-III’s go-forward portfolio, which includes owned brands, such as DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin. Strong full-price selling, improved inventory management and a greater mix of owned brands contributed to margin improvement despite a challenging macroeconomic backdrop.Management also announced the acquisition of the Marc Jacobs brand in partnership with WHP Global, a move that is expected to accelerate G-III’s transformation into a more brand-led fashion company and expand its long-term growth opportunities. The company raised its earnings outlook for fiscal 2027. G-III Apparel Group, LTD. price-consensus-eps-surprise-chart | G-III Apparel Group, LTD. Quote G-III reported an adjusted loss per share of 21 cents, which was narrower than the Zacks Consensus Estimate of an adjusted loss of 30 cents. In the year-ago quarter, the company reported adjusted earnings of 19 cents.Net sales declined 8.2% year over year to $536 million but surpassed the Zacks Consensus Estimate of $530 million. The decrease primarily reflected lower sales from the Calvin Klein and Tommy Hilfiger licensed businesses as the company continues its portfolio transition. However, results benefited from growth across the go-forward portfolio and stronger full-price selling.Net sales in the wholesale segment were $515 million, which surpassed the Zacks Consensus Estimate of $506.9 million. This compares with the $563 million reported in the prior-year period. The decrease was mainly attributable to lower sales from the Calvin Klein and Tommy Hilfiger licensed businesses, partially offset by growth in owned brands and the company’s go-forward license portfolio.Net sales in the company’s retail segment were $41 million in the fiscal first quarter, which beat the consensus estimate of $38.6 million and compared with $36 million in the prior-year quarter. The improvement was driven by robust direct-to-consumer performance across the company's owned brands, including Donna Karan, DKNY, Karl Lagerfeld and Vilebrequin. During the quarter, Donna Karan delivered approximately 40% growth, while digital sales at donnakaran.com and dkny.com increased nearly 60% and more than 40%, respectively.Management noted that the go-forward portfolio continued to gain momentum across North America and Europe despite macroeconomic challenges, supported by healthy consumer demand and higher full-price sell-throughs. Gross profit increased 41% year over year to $347.7 million in the fiscal first quarter. The gross margin expanded to 64.9% from 42.2% in the prior-year quarter, primarily driven by a $102.7-million benefit related to the expected recovery of previously incurred tariffs under the IEEPA on inventory sold in the prior year. Excluding this benefit, the adjusted gross margin was 45.7%, representing a 350-basis-point year-over-year increase. The improvement reflected healthy full-price selling, strong inventory management, a favorable mix shift toward owned brands and tariff mitigation efforts.SG&A expenses totaled $255.3 million in the fiscal first quarter, reflecting a 10.3% increase from $231.5 million in the prior-year quarter. The rise was primarily driven by investments in marketing, brand-building initiatives and growth strategies across the company's owned-brand portfolio. As a percentage of net sales, SG&A expenses increased 790 basis points year over year to 47.6%. G-III ended the quarter with cash and cash equivalents of $394.2 million compared with $257.8 million in the prior-year period. Inventories declined 8% year over year to $417.9 million, demonstrating continued inventory discipline.Total debt stood at $15.4 million at the quarter-end, while stockholders’ equity increased to $1.82 billion. During the quarter, G-III returned $4.2 million to shareholders through dividend payments. The company ended the quarter with net cash of $378.8 million and more than $800 million of total liquidity, providing significant financial flexibility to support future growth initiatives, including the pending acquisition of Marc Jacobs. For the second quarter of fiscal 2027, G-III expects net sales of $570 million, whereas it reported $613.3 million in the prior-year quarter. Management anticipates a year-over-year gross-margin expansion of 450 basis points.Adjusted net income is expected between $7 million and $11 million, or 15-25 cents per share, whereas it reported adjusted net income of $11.2 million, or 25 cents per share, in the prior-year quarter. Encouraged by the stronger-than-expected fiscal first-quarter performance, management raised its fiscal 2027 earnings outlook.For fiscal 2027, the company expects net sales of $2.71 billion, whereas it reported $2.96 billion in fiscal 2026. The decline primarily reflects the loss of approximately $470 million in sales from Calvin Klein and Tommy Hilfiger products.Management expects a gross margin expansion of 400 basis points for fiscal 2027 compared with the prior mentioned 300 basis points. The improved outlook reflects stronger-than-expected fiscal first-quarter gross margin performance and anticipated benefits from lower inventory carrying costs associated with the tariff refund, which are expected to favorably impact cost of goods sold during the remainder of the year.The company anticipates SG&A expense deleverage in fiscal 2027 as it invests in growth initiatives and scales newer businesses. However, management expects the degree of deleverage to improve sequentially throughout the year. GIII also reiterated plans to generate $25 million of run-rate cost savings in fiscal 2028 through ongoing efficiency initiatives.G-III expects net income between $171 million and $175 million, or earnings per share of $3.85-$3.95. Previously, the company projected net income between $88 million and $92 million, or earnings per share of $2-$2.10. This compares with net income of $67.4 million, or $1.51 per share, reported in fiscal 2026. GIII Stock Past 3-Month Performance Image Source: Zacks Investment Research Adjusted net income is projected between $95 million and $99 million, or $2.15-$2.25 per share. Previously, the company forecast adjusted net income between $88 million and $92 million, or $2-$2.10 per share. Fiscal 2026 adjusted net income was $116.2 million, or $2.61 per share.The company increased its adjusted EBITDA outlook to $178-$182 million from the previously stated $158-$162 million. Adjusted EBITDA was $192.4 million in fiscal 2026. The company’s guidance assumes tariff levels remain similar to those under the IEEPA regime and excludes any impact of the pending Marc Jacobs acquisition. Capital expenditure is expected to be $40 million.Shares of this Zacks Rank #3 (Hold) company have gained 15.6% in the past three months against the industry’s 7.8% decline. Some better-ranked stocks are Tapestry, Inc. TPR, Genesco Inc. GCO and Levi Strauss & Co. LEVI.Tapestry is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Tapestry’s current fiscal-year earnings and sales indicates growth of 36.3% and 13.8%, respectively, from the year-ago actuals. TPR delivered a trailing four-quarter average earnings surprise of 15.6%.Genesco is a specialty retail and branded company that sells footwear and accessories in retail stores. The company sports a Zacks Rank #1 at present. The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings implies growth of 55.2% from the year-ago actual. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.Levi Strauss designs and markets jeans, casual wear and related accessories for men, women and children. It currently carries a Zacks Rank of 2 (Buy).The Zacks Consensus Estimate for Levi Strauss’ current fiscal-year earnings and sales suggests growth of 11.9% and 5.2%, respectively, from the year-ago actuals. LEVI delivered a trailing four-quarter average earnings surprise of 21.4%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Genesco Inc. (GCO) : Free Stock Analysis Report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report Tapestry, Inc. (TPR) : Free Stock Analysis Report Levi Strauss & Co. (LEVI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. G-III Apparel Group (GIII) stock is reacting to a busy news day, as the company reported first quarter earnings and improved margins that were stronger than its prior guidance, along with higher full year profit expectations and a planned Marc Jacobs brand acquisition. See our latest analysis for G-III Apparel Group. That stronger earnings guidance, tariff refund and the planned Marc Jacobs acquisition come after a solid run, with the stock showing a 15.21% 90 day share price return and a 50.80% 1 year total shareholder return from today’s US$33.71 level, although the 5 year total shareholder return is slightly down at 2.37% over that longer period. If this kind of earnings driven move has your attention, it can be useful to look at other consumer facing companies too, including those led by founders who are still heavily involved in execution. You can broaden your search with 20 top founder-led companies With earnings guidance now higher, a dividend affirmed and the Marc Jacobs deal on the table, the stock is up strongly in the past year. Is G-III still undervalued, or is the market already pricing in the next leg of growth? According to the most followed narrative on G-III Apparel Group, a fair value of $40 sits above the last close at $33.71, which puts the current reaction to earnings and the Marc Jacobs deal into a wider context. Read the complete narrative. Want to see what sits behind that higher margin story? The narrative leans heavily on owned brands, shifting mix and future profit multiples that are more often reserved for premium franchises. According to MRT23, the narrative assumes G-III leans further into DKNY, Karl Lagerfeld and Donna Karan while managing the PVH license roll off and using a discount rate of 9.51% to frame that $40 fair value. Those inputs, along with assumptions on revenue trajectory and profit margins, are what separate this view from the current share price reaction. Result: Fair Value of $40 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are still pressure points investors cannot ignore, including tariff exposure and customer concentration risk that could quickly challenge this higher margin, owned brand story. Find out about the key risks to this G-III Apparel Group narrative. While the popular narrative sees fair value at $40, the SWS DCF model points the other way. On this view, G-III at $33.71 sits above an estimated future cash flow value of $18.95, which frames the stock as overvalued rather than undervalued. Which story do you trust more: the market price or the cash flow math? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out G-III Apparel Group for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 49 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. With such a split between upside potential and cash flow caution, sentiment is clearly mixed. Investors may want to move quickly, review the figures, and weigh both the 1 key reward and 2 important warning signs If you are weighing what to do next, do not stop at a single stock story. Widen your radar with fresh ideas that fit your style. Zero in on quality at a discount by scanning 49 high quality undervalued stocks that pair strong fundamentals with appealing prices. Prioritise resilience by checking 61 resilient stocks with low risk scores that aim to keep volatility and balance sheet concerns in check. Get ahead of the crowd by reviewing the screener containing 21 high quality undiscovered gems that many investors may not be watching yet. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include GIII. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]