UBS maintains a Neutral Rating on G-III Apparel Group, Ltd. (GIII)

On March 17, 2026, UBS expert Mauricio Serna reduced the terms nonsubjective for G-III Apparel Group, Ltd. (NASDAQ:GIII) to $26 from $30 portion maintaining a Neutral rating. The expert noted unit from PVH marque phaseouts and accrued SG&A associated with owned labels, with concerns continuing beyond FY27.

G-III Apparel Group, Ltd. (NASDAQ:GIII) reported fiscal 2026 results, with nett income of $2.96 billion, a 7% decrease, including a $254 cardinal interaction resulting from mislaid PVH marque revenue. The steadfast announced EPS of $1.51 and non-GAAP EPS of $2.61, which included a $0.30 complaint for Saks Global-related atrocious debt. Fourth-quarter nett income fell 8.1% to $771.5 million, resulting successful a nett nonaccomplishment of $31.9 million, including $45 cardinal successful impairment charges. Chairman Morris Goldfarb stated that the institution precocious its program portion dealing with a pugnacious climate. The steadfast completed the twelvemonth with astir $407 cardinal successful currency and returned much than $50 cardinal to shareholders. The corp anticipates fiscal 2027 nett income of astir $2.71 cardinal and EPS of $2.00 to $2.10.

G-III Apparel Group, Ltd. (NASDAQ:GIII) specializes successful designing, sourcing, and selling women’s apparel. It works successful 2 segments: wholesale operations and retail.

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