G-III Apparel Shares Fall After Earnings Miss Expectations

Dow Jones
Mar 12
 

By Nicholas G. Miller

 

Shares of G-III Apparel fell after the company reported fourth-quarter earnings below Wall Street's expectations.

The stock fell 13% to $25.80. It was up 17% over the last 12 months through Wednesday's close.

The company reported adjusted earnings of 30 cents a share, missing Wall Street's forecast of 59 cents a share, according to FactSet.

Net sales came in at $771.5 million, below analysts' expectation of $792 million.

The company guided for fiscal 2027 net sales of $2.71 billion and adjusted earnings of $2 to $2.10 a share.

Analysts had been forecasting net sales of $2.71 billion and adjusted earnings of $2.93 a share.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

March 12, 2026 08:13 ET (12:13 GMT)

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