G-III Bitten by Saks Global Bankruptcy in the Fourth Quarter [Yahoo! Finance]
G-III Apparel Group, LTD. (GIII)
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am
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Source: Yahoo! Finance
G-III Apparel Group was feeling some pressure in the fourth quarter. The Saks Global bankruptcy led to $17.5 million in bad debt expenses as well as another $45 million in noncash impairment charges. And the company is in the middle of exiting the licensed Calvin Klein and Tommy Hilfiger businesses with onetime bestie PVH Corp. More from WWD French Connection and G-III Ink North American Licensing Deal G-III Tops Q3 Earnings Estimates and Institutes Dividend Payment G-III's Q2 Profits Fall as Tariffs Settle In But Morris Goldfarb , chairman and chief executive officer, told WWD that it was “a reasonably good quarter” and that the company he's led for more than 50 years is ready for whatever comes next — the complete exit of the PVH brands, fallout from the war with Iran or something else. “I don't know that it could get much more difficult than we've faced in the last four or five years,” Goldfarb said. “I don't know what else could be thrown at us. So we weathered the
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GIII
News
- G-III Apparel Group Is Emerging From The PVH Headwind [Seeking Alpha]Seeking Alpha
- G-III Apparel Group (GIII) was downgraded by Zacks Research from "hold" to "strong sell".MarketBeat
- GIII Investor Alert: G-III Apparel Group Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Inflating Non-GAAP Earnings Figures: Levi & KorsinskyPR Newswire
- G-III Apparel Group (GIII) had its "buy" rating reaffirmed by BTIG Research. They now have a $34.00 price target on the stock.MarketBeat
- G-III Apparel Group (GIII) had its price target lowered by UBS Group AG from $30.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
GIII
Earnings
- 3/12/26 - Miss
GIII
Sec Filings
- 3/13/26 - Form 8-K
- 3/12/26 - Form 8-K
- 2/17/26 - Form SCHEDULE
- GIII's page on the SEC website