G-III Apparel Group Azioni (NASDAQ: GIII)

Ultime notizie per G-III Apparel Group (NASDAQ:GIII) Azioni

G-III Apparel Group

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group Ltd

G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $31.6, along with a high estimate of $36.00 and a low estimate of $27.00. Observing a 11.86% increase, the current average has risen from the previous average price target of $28.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1728478856_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A comprehensive examination of how financial experts perceive G-III Apparel Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Announces</td>
<td>Buy</td>
<td>$36.00</td>
<td>-</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$32.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Noah Zatzkin</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$34.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Paul Kearney</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$29.00</td>
<td>$29.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to G-III Apparel Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of G-III Apparel Group compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for G-III Apparel Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of G-III Apparel Group's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GIII/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on G-III Apparel Group analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind G-III Apparel Group</h2>
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
<h3>G-III Apparel Group: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Challenges: G-III Apparel Group's revenue growth over 3 months faced difficulties. As of 31 July, 2024, the company experienced a decline of approximately -2.27%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: G-III Apparel Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.76%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): G-III Apparel Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.6% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): G-III Apparel Group's ROA excels beyond industry benchmarks, reaching 0.92%. This signifies efficient management of assets and strong financial health.
Debt Management: G-III Apparel Group's debt-to-equity ratio is below the industry average. With a ratio of 0.42, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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Analyst Ratings

GIII

Unveiling 5 Analyst Insights On G-III Apparel Group

Guggenheim analyst Robert Drbul initiates coverage on G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) with a Buy rating and announces Price Target of $36.

News

Price Target

Initiation

Guggenheim Initiates Coverage On G-III Apparel Group with Buy Rating, Announces Price Target of $36

Crocs, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crox#NASDAQ">CROX</a>) stock seems in a good spot since the past year, with shares rising more than 60%, comfortably outperforming the broader Consumer Discretionary sector&#39;s return of 18.5% and the Zacks Textile - Apparel industry&#39;s growth of 4.8% in the same period. CROX&#39;s shares have also surpassed the S&amp;P 500 index&#39;s appreciation of 34.3% in a year.
Currently priced at $136.54, CROX stock is trading at 17.4% to its 52-week high of $165.32, reached on June 20, 2024. However, it is trading at an 84.5% premium to its 52-week low mark.
<h2>CROX&#39;s Strategies Aid the Rally</h2>
The company has been gaining from solid consumer demand across its Crocs and HEYDUDE brands, backed by effective pricing actions. Strength in clogs, sandals and personalization is acting as a tailwind. CROX has built various successful franchises, focused on expanding new usage occasions to boost new and repeat purchases. The sandal category further strengthened as consumers gave positive feedback to its innovation.
Management continues to view personalization as a mega consumer trend, with the opportunity of expanding the Jibbitz penetration in 2024 via higher penetration within digital and wholesale channels, continuous product freshness innovation and advancement in market capabilities. The company has been evolving its partnership model to boost engagement and consumer love.
<h2>CROX&#39;s Price Performance</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c6/80801.jpg?v=1226149498" />
Image Source: Zacks Investment Research
Crocs aims at solidifying the business in North America and developing Wendy and Wally as iconic franchises. The company brought new HEYDUDE partnerships to the market, which include Corona, a four-piece collection with the iconic beverage band, featuring Wally, Wendy and Hudson Styles. Its Lee partnership, Denim and Dudes, highlighted the first HEYDUDE collaboration with international reach.
Crocs is on track with its long-term strategy and key initiatives to deliver sustainable growth. Its growth strategy is focused on three key initiatives. The first key initiative is igniting icons to enhance brand awareness and relevance. The second is investing strategically in Tier 1 markets to drive market share gains via talent, marketing, digital and retail. The third initiative is diversifying the product range to attract new consumers.
<h2>Earnings Estimate Revisions Favor Crocs</h2>
The aforesaid catalysts have prompted analysts to remain optimistic about CROX. The Zacks Consensus Estimate for 2024 and 2025 earnings has been northbound. In the past 30 days, the consensus estimate for earnings per share has been revised 0.3% to $12.88 for 2024 and 0.2% to $14.00 for 2025.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c6/80815.jpg?v=687041234" />
Image Source: Zacks Investment Research
<h2>Unlocking CROX Stock&#39;s Valuation</h2>
Crocs stock is trading at an attractive valuation relative to the industry. Going by the price/earnings ratio, CROX&nbsp; is currently trading at 9.91 on a forward 12-month basis, lower than 12.68 of the industry. Also, the stock is trading lower than the S&amp;P 500 index&#39;s 21.69.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c6/80814.jpg?v=1442318185" />
Image Source: Zacks Investment Research
<h2>Final Words on CROX</h2>
CROX stock is performing well on the bourses given its solid strategic efforts including strength in its brands. Solid upward revisions in earnings estimates and attractive valuation for the stock seem encouraging as well.
To wrap up, Crocs seems to be an attractive investment bet given all the aforementioned positives. The company currently sports a Zacks Rank #1 (Strong Buy).
<h2>Other Solid Picks</h2>
We have highlighted three other top-ranked stocks, namely, G-III Apparel Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>), Royal Caribbean (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) and lululemon athletica (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lulu#NASDAQ">LULU</a>).
G-III Apparel is a manufacturer, designer and distributor of apparel and accessories under licensed brands, owned brands and private label brands. It sports a Zacks Rank of 1 at present.
GIII Apparel has a trailing four-quarter earnings surprise of 118.2%, on average. The Zacks Consensus Estimate for GIII Apparel&#39;s current financial-year sales indicates growth of 3.3% from the year-ago figure.
Royal Caribbean carries a Zacks Rank #2 (Buy) at present. RCL has a trailing four-quarter earnings surprise of 18.5%, on average.
The Zacks Consensus Estimate for RCL&#39;s 2024 sales and EPS indicates an increase of 18.2% and 70.9%, respectively, from the year-ago levels.
lululemon athletica is a yoga-inspired athletic apparel company. LULU carries a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for lululemon athletica&#39;s current financial-year sales and EPS indicates growth of 9.2% and 9.8%, respectively, from the year-ago corresponding figures. LULU has a trailing four-quarter earnings surprise of 7.9%, on average.
<a href="https://www.zacks.com/stock/news/2347760/crocs-gains-on-brand-strength-other-efforts-apt-to-stay-invested?cid=CS-BENZ-FT-analyst_blog|rank_focused-2347760">To read this article on Zacks.com click here.</a>

Earnings

Large Cap

Mid Cap

Small Cap

Management

Markets

Trading Ideas

CROX

LULU

Crocs Gains on Brand Strength & Other Efforts: Apt to Stay Invested?

Revealing a significant insider sell on September 26, Morris Goldfarb, CEO at G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>), as per the latest SEC filing.
What Happened: Goldfarb's recent move involves selling 167,014 shares of G-III Apparel Group. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000821002/000112760224024496//Archives/edgar/data/821002/000112760224024496/0001127602-24-024496-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value is $5,189,524.
The latest update on Friday morning shows G-III Apparel Group shares down by 0.89%, trading at $30.0.
<h3>Unveiling the Story Behind G-III Apparel Group</h3>
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
<h3>G-III Apparel Group: Delving into Financials</h3>
Negative Revenue Trend: Examining G-III Apparel Group's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -2.27% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 42.79%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): G-III Apparel Group's EPS reflects a decline, falling below the industry average with a current EPS of 0.54.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.42, G-III Apparel Group adopts a prudent financial strategy, indicating a balanced approach to debt management.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: G-III Apparel Group's P/E ratio of 7.6 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.46 is lower than the industry average, implying a discounted valuation for G-III Apparel Group's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 4.94, G-III Apparel Group could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Delving Into the Significance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Cracking Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000821002">Check Out The Full List Of G-III Apparel Group's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Morris Goldfarb Takes Money Off The Table, Sells $5.19M In G-III Apparel Group Stock

Columbia Sportswear Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/colm#NASDAQ">COLM</a>) is well-positioned for growth and profitability, owing to its strategic focus on key priorities such as accelerating profits, developing iconic and innovative products, boosting brand engagement and enhancing digital capabilities. Despite facing a challenging operating environment in the United States, characterized by slow consumer demand and cautious retailers, the company is set to improve operational efficiency and safeguard profits through its multi-year Profit Improvement Program.
Columbia Sportswear has demonstrated remarkable resilience over the past year, with its shares rising 16.5%. This performance stands in sharp contrast to the 11.4% decline in the Zacks Textile - Apparel industry. COLM&#39;s operational expertise has enabled it to surpass the broader Zacks Consumer Discretionary sector, which has grown just 5.2%.
<h2>Growth Factors for COLM Stock</h2>
Columbia Sportswear is boosting operational efficiency and protecting profits with its multi-year Profit Improvement Program, targeting $75-$90 million in cost savings for 2024. This program focuses on four main areas to enhance resources and streamline operations. The company is reducing costs related to surplus inventory and improving supply chain efficiency, with a notable 29% year-over-year drop in inventory levels by the end of Q2 2024. Columbia Sportswear plans to implement cost-saving measures through a reduction in its U.S. corporate workforce.
The program aims to refine decision-making processes and enhance efficiency by optimizing work methods and empowering teams. Efforts include reducing non-inventory spending through strategic sourcing and vendor rationalization while optimizing marketing expenditures to boost returns and support growth. By focusing on these areas, Columbia Sportswear is well-positioned to drive significant cost savings and operational improvements.
The company also focuses on brand-building and innovative marketing initiatives to strengthen its market presence. Recent innovations include Omni-Shade Broad Spectrum Air Flow for UV protection and Omni-MAX footwear for cushioning. Columbia Sportswear continues to introduce cutting-edge products like Omni-Heat Infinity and Omni-Heat Arctic, which position it for sustained growth in the competitive apparel industry.
Aligned with its strategic priorities, Columbia Sportswear is committed to ongoing demand creation investments, improving digital capabilities and exploring direct-to-consumer opportunities. The company is also investing in its workforce and optimizing its organizational structure across its brand portfolio, positioning itself for significant long-term growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b3/77134.jpg?v=157609988" />
Image Source: Zacks Investment Research
<h2>Challenges for COLM Stock</h2>
Columbia Sportswear is grappling with a challenging operating environment in the United States, marked by sluggish consumer demand and cautious retailers. This tough landscape negatively affected the company&#39;s second-quarter performance, with net sales falling 8% to $570.2 million, or down 7% at constant currency. The decline was driven by reduced wholesale net sales in the U.S., which saw a 15% drop to $340.2 million due to retailer hesitancy and a competitive market. Despite efforts to boost demand through product enhancements and marketing initiatives, persistent low consumer spending and retailer caution continue to impede growth.
Columbia Sportswear anticipates further challenges from ongoing issues in the outdoor industry, U.S. consumer trends, geopolitical conflicts and supply-chain disruptions. For 2024, the company expects net sales to decline 2-4% to between $3.35 billion and $3.42 billion, with projected earnings per share ranging from $3.65 to $4.05. The third quarter is expected to see a net sales decline of 3-6% to between $927 million and $959 million, with EPS anticipated to fall from $1.70 to a range of $1.27-$1.43 per share. Additionally, rising SG&amp;A costs and a contraction in gross margins have contributed to margin pressures, with SG&amp;A expenses increasing 280 basis points to 53.1% of sales in the second quarter.
<h2>Investors&#39; Guide for COLM Stock</h2>
Despite challenges, the Zacks Rank #3 (Hold) company&#39;s strategic initiatives and market resilience stand out. Columbia Sportswear demonstrates potential with its operational improvements and innovative product offerings. However, issues like declining sales, rising costs, and market uncertainties suggest a cautious approach. Investors should closely observe how Columbia Sportswear addresses these challenges and meets its cost-saving goals before making any investment decisions.
<h2>Top Three Discretionary Stocks</h2>
Some top-ranked stocks in the Consumer Discretionary sector are G-III Apparel Group, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>), Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) and Norwegian Cruise Line Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nclh#NYSE">NCLH</a>), each sporting a Zacks Rank #1 (Strong Buy).
G-III Apparel Group, Ltd. has a trailing four-quarter earnings surprise of 118.2%, on average. The Zacks Consensus Estimate for GIII&#39;s current financial-year sales indicates growth of 3.3% from the year-ago figure.
The Zacks Consensus Estimate for Royal Caribbean&#39;s current financial-year sales indicates an increase of 18.1% from the year-ago reported level. RCL has a trailing four-quarter earnings surprise of 18.5%, on average.
The Zacks Consensus Estimate for Norwegian Cruise&#39;s 2024 sales and EPS indicates an increase of 9.8% and 125.8%, respectively, from the year-ago levels. NCLH has a trailing four-quarter earnings surprise of 5.7%, on average.
<a href="https://www.zacks.com/stock/news/2334048/columbia-sportswear-s-stock-review-what-s-the-next-best-move?cid=CS-BENZ-FT-analyst_blog|rank_focused-2334048">To read this article on Zacks.com click here.</a>

Offerings

Retail Sales

COLM

NCLH

Columbia Sportswear's Stock Review: What's the Next Best Move?

G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $30.5, a high estimate of $34.00, and a low estimate of $27.00. Observing a 7.96% increase, the current average has risen from the previous average price target of $28.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1725642009_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive G-III Apparel Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$32.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Noah Zatzkin</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$34.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Paul Kearney</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$29.00</td>
<td>$29.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to G-III Apparel Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of G-III Apparel Group compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for G-III Apparel Group's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of G-III Apparel Group's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GIII/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on G-III Apparel Group analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About G-III Apparel Group</h2>
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
<h3>Breaking Down G-III Apparel Group's Financial Performance</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: G-III Apparel Group's remarkable performance in 3 months is evident. As of 30 April, 2024, the company achieved an impressive revenue growth rate of 0.52%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 0.95%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): G-III Apparel Group's ROE excels beyond industry benchmarks, reaching 0.38%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): G-III Apparel Group's ROA stands out, surpassing industry averages. With an impressive ROA of 0.22%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: G-III Apparel Group's debt-to-equity ratio is below the industry average at 0.43, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From G-III Apparel Group Analyst Ratings

Telsey Advisory Group analyst Dana Telsey maintains G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) with a Market Perform and raises the price target from $29 to $32.

Telsey Advisory Group Maintains Market Perform on G-III Apparel Group, Raises Price Target to $32

Keybanc analyst Noah Zatzkin maintains G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) with a Overweight and raises the price target from $32 to $34.

Keybanc Maintains Overweight on G-III Apparel Group, Raises Price Target to $34

Barclays analyst Paul Kearney maintains G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) with a Underweight and raises the price target from $23 to $27.

Barclays Maintains Underweight on G-III Apparel Group, Raises Price Target to $27

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Neutral&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the Dow Jones index falling more than 200 points during the session. The S&amp;P 500, meanwhile, recorded losses for a third session in a row.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares gained 4.9% on Thursday after the company announced plans to roll out its full self-driving (FSD) driver assistance software in Europe and China in the first quarter of 2025. Shares of G-III Apparel Group, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) jumped 22% during Thursday&#8217;s session after the company reported better-than-expected second-quarter adjusted EPS results and issued its FY25 guidance above estimates.
On the economic data front, U.S. private businesses added 99,000 workers to their payrolls in August compared to a revised 111,000 gain in July and versus market estimates of 145,000. U.S. initial jobless claims fell by 5,000 from the prior week to 227,000 in the week ending August 31, compared to market estimates of 230,000.
Most sectors on the S&amp;P 500 closed on a negative note, with healthcare, industrials, and financials stocks recording the biggest losses on Thursday. However, communication services and consumer discretionary stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 219 points to 40,755.75 on Thursday. The S&amp;P 500 fell 0.30% to 5,503.41, while the Nasdaq Composite gained 0.25% at 17,127.66 during Thursday's session.
Investors are awaiting earnings results from ABM Industries Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), The Big Lots, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIG#NYSE">BIG</a>), and Brady Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRC#NYSE">BRC</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 46.8, the index remained in the &#8220;Neutral&#8221; zone on Thursday, versus a prior reading of 49.7.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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</ul>

Pre-Market Outlook

TSLA

Dow Dips Over 200 Points, S&P Falls For 3rd Session In A Row: Fear & Greed Index Remains In 'Neutral' Zone

G-III Apparel Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 85.71%. A quarter ago, it was expected that this clothing and accessories maker would post a loss of $0.05 per share when it actually produced earnings of $0.12, delivering a surprise of 340%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
G-III Apparel, which belongs to the Zacks Textile - Apparel industry, posted revenues of $644.76 million for the quarter ended July 2024, missing the Zacks Consensus Estimate by 0.84%. This compares to year-ago revenues of $659.76 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
G-III Apparel shares have lost about 26.3% since the beginning of the year versus the S&amp;P 500&#39;s gain of 15.7%.
<h2>What&#39;s Next for G-III Apparel?</h2>
While G-III Apparel has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for G-III Apparel: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.48 on $1.12 billion in revenues for the coming quarter and $3.63 on $3.2 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Oxford Industries (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oxm#NYSE">OXM</a>), is yet to report results for the quarter ended July 2024. The results are expected to be released on September 11.
This owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines is expected to post quarterly earnings of $3.05 per share in its upcoming report, which represents a year-over-year change of -11.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Oxford Industries&#39; revenues are expected to be $440.1 million, up 4.7% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2331896/g-iii-apparel-group-giii-beats-q2-earnings-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2331896">To read this article on Zacks.com click here.</a>

Earnings Beats

G-III Apparel Group Beats Q2 Earnings Estimates

Telsey Advisory Group analyst Dana Telsey maintains G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) with a Market Perform and maintains $29 price target.

Telsey Advisory Group Maintains Market Perform on G-III Apparel Group, Maintains $29 Price Target

U.S. stocks were mostly lower, with the Dow Jones index falling around 300 points on Thursday.
Shares of G-III Apparel Group, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) rose sharply during Thursday's session after the company reported better-than-expected second-quarter adjusted EPS results and issued its FY25 guidance above estimates.
G-III Apparel Group reported second-quarter adjusted earnings per share of 52 cents, beating the analyst consensus of 27 cents. Quarterly revenues of $644.75 million (down 2%) missed the street view of $649.44 million.
G-III Apparel Group shares surged 23.6% to $30.95 on Thursday.
Here are some other big stocks recording gains in today's session.
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<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares jumped 68.1% to $5.45 after the company entered agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors including NVIDIA and Related Companies.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) gained 14.9% to $21.15.</li>
<li>Larimar Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRMR#NASDAQ">LRMR</a>) climbed 13.5% to $8.81.</li>
<li>Uniti Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNIT#NASDAQ">UNIT</a>) rose 13.3% to $5.32.</li>
<li>Yext, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) climbed 13% to $5.56 after the company reported better-than-expected second-quarter adjusted EPS results and issued FY25 revenue guidance above estimates. Also, Needham upgraded the stock from Hold to Buy and announced an $8 price target.</li>
<li>Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>) rose 11.8% to $9.05 after the company announced the U.S. forest service has completed the final environmental impact statement and issued a draft record of decision authorizing the Stibnite gold project.</li>
<li>Vestis Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTS#NYSE">VSTS</a>) gained 11.7% to $15.28 following a report suggesting Elis SA made an offer to buy the company.</li>
<li>WK Kellogg Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLG#NYSE">KLG</a>) climbed 10.7% to $18.63.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) gained 10.4% to $4.6850 after the company reported second-quarter financial results and issued better-than-expected third-quarter outlook..</li>
<li>Shoe Carnival, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) rose 10% to $41.32 after the company reported better-than-expected second-quarter revenue results. Also, the company raised its FY24 guidance.</li>
<li>Primo Water Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRMW#NASDAQ">PRMW</a>) gained 9.4% to $23.92.</li>
<li>QuidelOrtho Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QDEL#NASDAQ">QDEL</a>) gained 8.5% to $43.79. Craig-Hallum analyst Alexander Nowak upgraded QuidelOrtho from Hold to Buy and raised the price target from $40 to $57.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) gained 8.3% to $1.3095.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) gained 7.9% to $27.36.</li>
<li>Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) gained 7.8% to $26.83. Zeta Global priced $204.9 million public offering of 13.2 million class A common shares at $23.50 per share.</li>
<li>Sotera Health Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHC#NASDAQ">SHC</a>) gained 7.7% to $16.59. The company announced a secondary offering of 25 million shares.</li>
<li>Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) rose 6.2% to $67.52. Dollar Tree, on Wednesday, reported worse-than-expected second-quarter 2024 earnings.</li>
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Intraday Update

Movers

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QDEL

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SCVL

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ZETA

G-III Apparel Posts Upbeat Results, Joins NIO, Yext, Shoe Carnival And Other Big Stocks Moving Higher On Thursday

G-III Apparel Group, LTD. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) reported second-quarter adjusted earnings per share of 52 cents, beating <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40726173/g-iii-apparel-group-ltd-reports-second-quarter-fiscal-2025-results-above-guidance-updates-fiscal-2" rel="noreferrer noopener">the analyst consensus of 27 cents.</a>
Quarterly revenues of $644.75 million (down 2%) <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missed the street view of $649.44 million.</a>
Inventories&nbsp;decreased 24% to $610.5 million at the end of this year&#8217;s second quarter compared to $804.9 million in the second quarter of last year.
In the press release, G-III said it has secured a licensing agreement with Converse, Inc. to design and produce men&#8217;s and women&#8217;s apparel for global distribution, set to debut in Fall 2025.
Converse, a renowned American youth lifestyle brand, offers G-III a substantial opportunity to grow its active lifestyle segment, reaching a unique consumer base and distribution network while utilizing its current fashion expertise.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/40726231/nio-q2-earnings-eps-beat-deliveries-growth-strong-q3-outlook-and-more" rel="noreferrer noopener">NIO Q2 Earnings: EPS Beat, Deliveries Growth, Strong Q3 Outlook And More</a>
Outlook: G-III Apparel expects FY25 net sales of $3.20 billion, slightly above the $3.187 billion estimate, <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">and has maintained its prior guidance</a>. The company projects adjusted EPS to be between $3.95 and $4.05, surpassing the $3.66 estimate and up from its previous outlook of $3.58 to $3.68.
Adjusted EBITDA&nbsp;for fiscal 2025 is expected to be between $305.0 million and $310.0 million (prior $295.0 million and $300.0 million).
For the third quarter, the company expects net sales&nbsp;to increase by approximately&nbsp;3%&nbsp;to&nbsp;$1.10 billion (estimate $1.125 billion) and adjusted EPS of $2.20&nbsp;to $2.30 (consensus $2.61).
Price Action: GIII shares are trading higher by 17.6% to $29.44 at last check Thursday.
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Equities

Guidance

General

G-III Apparel Q2 Earnings: Profit Beat, Cuts Inventories By 24%, Raises Annual EPS Outlook

WIIM

G-III Apparel Group shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and issued its FY25 guidance above estimates.

G-III Apparel Sees Q3 Net Sales Of  $1.10 billion Vs. $1.13B Estimate; Projects Adjusted EPS Of $2.20-$2.30 Vs. $2.61 Estimate

G-III Apparel Sees FY25 Net Sales Of $3.20B Vs. $3.19B Estimate (Unchanged To Prior Guidance); Projects FY24 Adjusted EPS Of $3.95-$4.05 Vs. $3.66 Estimate (Prior View: $3.58-$3.68)

G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.27 by 92.59 percent. This is a 30 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $644.75 million which missed the analyst consensus estimate of $649.44 million by 0.72 percent. This is a 2.27 percent decrease over sales of $659.76 million the same period last year.

Earnings Misses

G-III Apparel Group Q2 Adj $0.52 Beats $0.29 Estimate, Sales $644.75M Miss $649.44M Estimate

G-III Apparel Group, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>) is strategically positioned for continued growth and profitability through its aggressive digital and omnichannel expansion, strong performance in wholesale and retail segments and significant partnerships such as the one with AWWG. The company&#39;s focus on enhancing its European presence, reducing reliance on PVH brands and targeting high-growth markets like India and China is likely to drive success.
With a solid financial foundation, robust brand performance and a commitment to strategic marketing and cost management, G-III Apparel is well-equipped to meet the company&#39;s fiscal 2025 targets and sustain its positive trajectory in the apparel industry.
Driven by these factors, G-III Apparel has showcased impressive resilience in the past year, with its shares gaining 40.1%. This growth contrasts sharply with the 3.8% decline in the Zacks Textile - Apparel industry. GIII&#39;s operational prowess has also helped it outperform the broader Zacks Consumer Discretionary sector and the S&amp;P 500&#39;s respective growth of 7.8% and 26.7%.&nbsp; 
Additionally, the stock currently has a Value Score of A, thus further validating its appeal.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/78/75533.jpg?v=638652141" />
Image Source: Zacks Investment Research
<h2>Strategic Growth and Expansion Initiatives by GIII Apparel</h2>
G-III Apparel is swiftly advancing its digital and omnichannel growth strategies with the goal of becoming a leading omnichannel entity. A key aspect of this strategy is enhancing its digital footprint through upgrades to the DKNY and Karl Lagerfeld Paris e-commerce platforms. These updates include modernized designs, revamped loyalty programs, expanded CRM capabilities and advanced technical operations.
G-III Apparel is broadening its presence in Europe by utilizing AWWG&#39;s infrastructure in Spain and Portugal. The company has increased its stake in AWWG from 12% to around 19%. Furthermore, AWWG&#39;s strong market presence in India provides additional growth opportunities for GIII&#39;s brands.
In North America, GIII is revamping its retail operations with significant marketing investments aimed at enhancing global brand awareness and sales. This plan involves decreasing dependence on PVH brands and focusing on expanding market presence in high-growth areas like India and China. This fall, the company plans to add more than 2,500 retail points of sale in major department stores, which is anticipated to drive substantial sales growth.
In terms of performance, G-III Apparel experienced significant growth in the first quarter of fiscal 2025, with wholesale segment net sales rising to $598 million and retail segment net sales increasing to $31 million despite store closures.
<h2>GIII&#39;s Brand Success Boosting Fiscal 2025 Sales Guidance</h2>
G-III Apparel has made notable progress in brand development and marketing, with DKNY achieving impressive double-digit sales growth in the fiscal first quarter, thanks to effective marketing campaigns and strategic partnerships, including one with the New York Yankees. The brand&#39;s international expansion has been further supported by pop-up events in Europe.
Karl Lagerfeld also experienced significant growth in North America, nearly 50%, bolstered by the expansion of its distribution network to 500 locations and the launch of the sustainable Karl Lagerfeld Jeans line. The successful relaunch of Donna Karan is marked by high average unit retail prices, improved sell-through rates and increased retailer margins. Marketing campaigns featuring Cindy Crawford and Karlie Kloss have enhanced consumer engagement.
As a result of these developments, G-III Apparel has confirmed its fiscal 2025 net sales guidance at $3.2 billion, indicating a 3% year-over-year increase. This optimistic forecast is supported by strong brand performance, strategic marketing investments and effective cost management.
<h2>Shifting Consumer Spending- a Key Hurdle of G-III Apparel</h2>
However, this Zacks Rank #3 (Hold) company faces challenges in the current operating environment. Fluctuating consumer confidence, influenced by inflationary pressures, has shifted spending patterns, with consumers focusing more on essential purchases over discretionary items. This shift may negatively impact the company&#39;s performance in the near term.
For the fiscal second quarter, the company anticipates adjusted net income between $10-$15 million and adjusted earnings in the band of 22-32 cents per share. The anticipated figures are down from the adjusted net income of $18.6 million and adjusted earnings of 40 cents per share reported in the second quarter of fiscal 2024.
Despite current challenges, GIII&#39;s strategic focus on e-commerce, global expansion and strengthening its brands is expected to navigate the business landscape effectively. With investments in digital innovation, market growth in Europe and India and extensive marketing in North America, G-III Apparel is well-positioned for robust growth and long-term investor value.
<h2>Key Picks</h2>
Some better-ranked stocks are Boot Barn Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/boot#NYSE">BOOT</a>), Abercrombie &amp; Fitch Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anf#NYSE">ANF</a>) and Steven Madden, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shoo#NASDAQ">SHOO</a>).
Boot Barn operates as a lifestyle retail chain devoted to western and work-related footwear, apparel and accessories. It currently sports a Zacks Rank of 1 (Strong Buy).
The Zacks Consensus Estimate for Boot Barn&#39;s fiscal 2025 earnings and sales indicates growth of 8.9% and 10.7%, respectively, from the fiscal 2024 reported figures. BOOT has a trailing four-quarter average earnings surprise of 7.1%.
Abercrombie is a specialty retailer of premium, high-quality casual apparel. It has a Zacks Rank of 2 (Buy) at present. ANF delivered a 28.9% earnings surprise in the last reported quarter. The consensus estimate for Abercrombie&#39;s fiscal 2024 earnings and sales indicates growth of 52.4% and 11.3%, respectively, from the fiscal 2023 reported levels. ANF has a trailing four-quarter average earnings surprise of 210.3%.
Steven Madden designs, sources, markets and sells fashion-forward name-brand and private-label footwear. It currently has a Zacks Rank of 2. The Zacks Consensus Estimate for Steven Madden&#39;s 2024 earnings and sales indicates growth of 6.9% and 12.4%, respectively, from the year-ago actuals. SHOO has a trailing four-quarter average earnings surprise of 9.5%.
<a href="https://www.zacks.com/stock/news/2327689/g-iii-apparel-gains-from-digital-expansion-strategic-partnership?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327689">To read this article on Zacks.com click here.</a>

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BOOT

SHOO

G-III Apparel Gains From Digital Expansion, Strategic Partnership

Spectrum Brands Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spb#NYSE">SPB</a>) appears in good shape, thanks to its robust strategic efforts. The company&#39;s Global Productivity Improvement Plan, which aims at improving the operating efficiency, is encouraging too. Solid gains from pricing, cost improvements and favorable mix have been aiding its margins for a while now. Its e-commerce unit also bodes well.
Analysts seem optimistic about the company&#39;s earnings potential. The Zacks Consensus Estimate for fiscal 2024 and fiscal 2025 earnings per share is pegged at $4.78 and $6.21, respectively.&nbsp; While the figure for fiscal 2024 indicates a sharp increase year over year, the metric for fiscal 2025 implies a rise of about 30%.
<h3>Let&#39;s Delve Deep</h3>
Spectrum Brands is on track with its growth initiatives. In this regard, the company is streamlining its organizational structure and re-energizing its employee base. It is committed to improving operational efficiencies through limiting risk. Management is protecting and deleveraging its balance sheet while solidifying liquidity. As part of its strategic transformation, the company completed the sale of its HHI business to ASSA ABLOY for $4.3 billion in cash on Jun 20, subject to customary purchase price adjustments. With the sale of the HHI business, SPB has been strongly focusing on its core businesses and delivering sustainable growth.
The company is experiencing sturdy momentum in its e-commerce business, which continued during the fiscal third quarter, with more than 20% growth year over year. E-commerce sales accounted for more than 21% of the total sales in the quarter. We note that each of the company&#39;s businesses delivered double-digit e-commerce sales, with the Home &amp; Personal Care (HPC) segment leading the way with an e-commerce sales increase of more than 33%. The investment in the segment&#39;s digital marketing and activation led to the highest Amazon Prime Day sales ever for the unit. Management assumes that e-commerce sales across the businesses will be strong, with sales recovery in small kitchen appliances and global aquatics to continue.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c6/74917.jpg?v=948049321" />
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The company has been proactive in its cost-takeout actions, including fixed cost reduction by lowering advertising and promotional spending. It is focused on a disciplined cost structure. During the fiscal third quarter, gross profit advanced 14.9% year over year, driven by lower cost inventory and inventory-related costs and other cost improvements. Meanwhile, the gross margin expanded 310 basis points (bps) year over year to 38.9%. The adjusted EBITDA margin expanded 20 bps year over year to 13.6%, driven by better gross margins and higher sales.
In addition, the company is focused on boosting its top-line results through investments in commercial capabilities. It has been making significant investments in brand-focused advertising, marketing and innovation. In the fiscal third quarter, SPB made investments of around $23 million, up year over year, in brand advertising and innovation. It is on track to invest $50 million more during the current fiscal year. Management highlighted that the company&#39;s internal teams and advisers made the dual-track process of the separation of the HPC business, preparing the division for sale, merger or spin-off transaction.
<h3>Bottom Line</h3>
Spectrum Brands has been grappling with geopolitical and macroeconomic uncertainty for a while now. In addition, soft demand in the small kitchen appliances category, volume declines in certain pet channels and the impact of SKU rationalization decisions are likely to continue to act as headwinds. Also, foreign currency translations act as deterrents.
Nevertheless, the aforesaid strengths are likely to continue to boost overall growth. Going forward, the company is likely to see sturdy consumer demand for household and repellent categories. For fiscal 2024, Spectrum Brands still projects reported sales to remain relatively flat year over year. It expects sales growth in the second half of the fiscal year. Adjusted EBITDA, excluding the investment income, is likely to grow nearly 20%. Over the past six months, this Zacks Rank #3 (Hold) stock has gained 12.4% compared with the industry&#39;s 13.9% growth.
<h3>Key Picks</h3>
We have highlighted three better-ranked stocks, namely G-III Apparel Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>), Royal Caribbean (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) and Gildan Activewear (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gil#NYSE">GIL</a>).
G-III Apparel is a manufacturer, designer and distributor of apparel and accessories under licensed brands, owned brands and private label brands. It sports a Zacks Rank #1 (Strong Buy) at present.
GIII Apparel has a trailing four-quarter earnings surprise of 571.8%, on average. The Zacks Consensus Estimate for GIII Apparel&#39;s current financial-year sales indicates growth of 3.3% from the year-ago figure.
Royal Caribbean carries a Zacks Rank of 1 at present. RCL has a trailing four-quarter earnings surprise of 18.5%, on average.
The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share indicates an increase of 18.1% and 69.9%, respectively, from the year-ago reported levels.
Gildan Activewear, a manufacturer of premium quality branded basic activewear, carries a Zacks Rank #2 (Buy) at present. GIL has a trailing four-quarter earnings surprise of 5.5%, on average.
The consensus estimate for Gildan Activewear&#39;s current financial-year earnings per share indicates growth of 13.6% from the year-ago corresponding figure.
<a href="https://www.zacks.com/stock/news/2325275/spectrum-brands-spb-gains-from-pricing-e-commerce-efforts?cid=CS-BENZ-FT-analyst_blog|rank_focused-2325275">To read this article on Zacks.com click here.</a>

Spectrum Brands Gains From Pricing & E-commerce Efforts

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G-III Apparel Group, Ltd. (GIII) Q2 2025 Earnings Call Transcript

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In a report released today, Ashley Owens from KeyBanc maintained a Buy rating on G-III Apparel Group (GIII – Research Report), with a price target ...

KeyBanc Keeps Their Buy Rating on G-III Apparel Group (GIII)

In a report released yesterday, Will Gaertner from Wells Fargo maintained a Sell rating on G-III Apparel Group (GIII – Research Report), with a pri...

G-III Apparel Group: Persisting Revenue Challenges and Overly Optimistic Outlook Prompt 'Sell' Rating

In a report released today, Ike Boruchow from Wells Fargo maintained a Sell rating on G-III Apparel Group (GIII – Research Report), with a price ta...

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