Why G-III Apparel Stock Was Falling Today [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
Shares of G-III Apparel (NASDAQ: GIII) were moving lower today after the fashion licensing company reported disappointing results in its fourth-quarter earnings report. As a result, the stock was down 10% as of 11:29 a.m. ET. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What happened to G-III? In a challenging environment for apparel stocks , G-III has held its ground in recent years, but in the fourth quarter, revenue fell 8.1% to $771.5 million, missing the consensus at $792 million. Some of that was related to the loss of licenses for Tommy Hilfiger and Calvin Klein from PVH as that company seeks to bring its brands in-house. Gross profit was down 13% to $285.4 million, showing the company was forced to mark down its merchandise in a weak environment for discretionary s
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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