G-III Apparel Group (GIII) Expected to Announce Quarterly Earnings on Tuesday

G-III Apparel Group (NASDAQ:GIII) will release its Q3 2026 earnings before the market opens on Tuesday, December 9. Analysts expect earnings of $1.60 per share and revenue of $1.0111 billion. The company has set its Q3 2026 guidance at 1.430-1.630 EPS and FY 2026 guidance at 2.550-2.750 EPS. The earnings call is scheduled for 8:30 AM ET on December 9, 2025.

G-III Apparel | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 613.27 M

G-III and Under Armour Shares Plummet, What You Need To Know

G-III and Under Armour shares fell 5.8% and 2.6% respectively after a weak August jobs report raised concerns about a cooling economy but increased expectations for Federal Reserve interest rate cuts. The U.S. economy added only 22,000 jobs, significantly below the projected 75,000. Despite the bearish signal, investors are betting on rate cuts, with a September cut now fully priced in. G-III is down 18.4% year-to-date, trading 27.6% below its 52-week high, while Under Armour's performance also reflects market volatility.

G-III Apparel Analysts Increase Their Forecasts After Better-Than-Expected Q2 Results

G-III Apparel Group reported better-than-expected Q2 earnings of 25 cents per share, surpassing the analyst estimate of 9 cents, with sales of $613.266 million. However, the company cut its full-year outlook, projecting adjusted EPS of $2.55–$2.75 and sales of $3.02 billion, both below previous estimates. Analysts adjusted their price targets, with Keybanc raising it to $33 and Barclays to $21, while shares fell 5.8% to $26.02.

G-III Apparel Group's Q2 sales beat estimates

G-III Apparel Group reported Q2 net sales of $613.3 million, a 5% year-over-year decline, but exceeding estimates. Adjusted EPS was $0.25, surpassing analyst expectations. The company repurchased $24.6 million in shares and anticipates fiscal 2026 net sales of approximately $3.02 billion, with net income projected between $112 million and $122 million. Strong brand performance and strategic execution contributed to results. Analysts currently rate the stock as a "hold" with a median 12-month price target of $26.50, slightly below its recent closing price of $27.12.