|Bid||23.41 x 1300|
|Ask||24.07 x 1100|
|Day's Range||23.98 - 25.39|
|52 Week Range||18.18 - 48.79|
|Beta (3Y Monthly)||2.81|
|PE Ratio (TTM)||8.48|
|Earnings Date||Dec 4, 2019 - Dec 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.11|
Today we are going to look at G-III Apparel Group, Ltd. (NASDAQ:GIII) to see whether it might be an attractive...
G-III Apparel (GIII) posts mixed second-quarter fiscal 2020 results. Further, it revises view for the fiscal to include the impacts of tariffs.
G-III Apparel (GIII) delivered earnings and revenue surprises of 4.55% and -1.77%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
G-III Apparel Group (NASDAQ: GIII) reported second-quarter earnings of 23 cents per share, which beat the analyst consensus estimate of 22 cents. The company reported quarterly sales of $643.9 million, which missed the analyst consensus estimate of $656.57 million. "We are pleased to report second-quarter results that met our expectations and were fueled by continued outperformance in our wholesale business enabling us to navigate the ever-changing retail landscape,” said CEO Morris Goldfarb.
Shares of G-III Apparel take off after the owner of clothing and accessories brands including DKNY, Donna Karan and Andrew Marc posts fiscal second-quarter results that meet analysts' forecasts but raises its fiscal 2020 guidance as it continues to navigate the impact of tariffs on retail.
Apparel designer G-III Apparel Group, Ltd. (NASDAQ: GIII ) is unlikely to show any earnings growth in fiscal 2020 as it is unable to offset new tariffs with price increases, according to BofA. The Analyst ...
Imposition of tariffs and soft retail business are likely to hurt G-III Apparel's (GIII) second-quarter fiscal 2020 results. However, launches and improved marketing strategies bode well.
G-III Apparel Group Ltd. , which counts Donna Karan and Dockers among its portfolio of brands, was downgraded to hold from buy at Stifel on Thursday over concerns about the impact of tariffs on Chinese goods. Analysts cut the price target to $20 from $37. During earnings reported late Wednesday, PVH Corp. cut its full-year EPS guidance to $7.95 to $8.05 from $9.05 to $9.15, and adjusted EPS guidance to $9.30 to $9.40 from $10.20 to $10.30 due to "the global retail landscape and continuing escalation of the trade tensions between the U.S. and China," according to a statement from PVH Chief Executive Emanuel Chirico. In addition, the company saw a more promotional retail environment in the most recent quarter. "With key partner PVH lowering guidance last night due in part to an increasingly promotional U.S. retail environment, we believe investor sentiment on GIII shares will remain focused on the risks," Stifel said. G-III Apparel stock is up 3.8% in Thursday trading, but has sunk more than 54% over the last year. The S&P 500 index has inched up 0.2% for the past 12 months.
G-III Apparel (GIII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
G-III Apparel Group rises even though Stifel downgrades the apparel maker's stock to hold from buy and lowers its 12-month target price.
G-III Apparel Group, Ltd. announced today that it will release its second quarter 2020 earnings before the market opens on Thursday, September 5, 2019. Management will host a conference call to discuss results at 8:30 a.m.
G-III Apparel Group, Ltd. (NASDAQ:GIII) is a company with exceptional fundamental characteristics. Upon building up an...
Moody’s says large retailers have some cushion from the coming fresh round of tariffs thanks to a number of factors.
It's easy to match the overall market return by buying an index fund. But if you buy individual stocks, you can do...