G-III Apparel Group, Ltd. (NASDAQ:GIII) is one of the
15 Best Apparel Stocks to Buy in 2026.
On March 17, 2026, UBS analyst Mauricio Serna reduced the price objective for G-III Apparel Group, Ltd. (NASDAQ:GIII) to $26 from $30 while maintaining a Neutral rating. The analyst noted pressure from PVH brand phaseouts and increased SG&A associated with owned labels, with concerns continuing beyond FY27.
G-III Apparel Group, Ltd. (NASDAQ:GIII) reported fiscal 2026 results, with net sales of $2.96 billion, a 7% decrease, including a $254 million impact resulting from lost PVH brand revenue. The firm announced EPS of $1.51 and non-GAAP EPS of $2.61, which included a $0.30 charge for Saks Global-related bad debt. Fourth-quarter net sales fell 8.1% to $771.5 million, resulting in a net loss of $31.9 million, including $45 million in impairment charges. Chairman Morris Goldfarb stated that the company advanced its plan while dealing with a tough climate. The firm completed the year with around $407 million in cash and returned more than $50 million to shareholders. The corporation anticipates fiscal 2027 net sales of around $2.71 billion and EPS of $2.00 to $2.10.
UBS maintains a Neutral Rating on G-III Apparel Group, Ltd. (GIII)
G-III Apparel Group, Ltd. (NASDAQ:GIII) specializes in designing, sourcing, and marketing women’s apparel. It works in two segments: wholesale operations and retail.
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