GIIIG-III Apparel Group, Ltd.
The Read
GIII stock historically saw a median absolute move of ~12% on earnings events, with a bearish reaction following earnings misses due to license losses and Saks bankruptcy disruptions, but showed resilience against tariff concerns with an 8.2% bullish move.
The schedule
- Thu15Oct
Potential corporate update regarding cash deployment, M&A, or accelerated stock repurchases.
- Tue9Feb
Post-holiday financial print and initial FY28 forward guidance.
- Tue11May
Spring wholesale restocking metrics and operational leverage update.
- Tue10Aug
Past
- Fri4Sep
Q2 results offering critical visibility into wholesale order books and the transition away from legacy PVH licenses.
- Sat1Aug
Actual outcome: Bull · $36.47 at outcome
Despite concerns over potential tariff escalations on imported apparel, GIII shares showed resilience and pushed past the $36.00 bull target by the outcome date. In the absence of immediate negative policy developments, underlying value and positive earnings estimate trends helped support the stock's upward momentum before it cooled to $33.78 later in the month.
Market pricing of potential new tariff frameworks under President Trump, threatening apparel import margins.
- Tue24Mar
Actual outcome: Bear · $25.74 at outcome
G-III missed both top and bottom-line estimates for Q4 as revenue was pressured by the loss of major licenses for Tommy Hilfiger and Calvin Klein and disruptions from the Saks bankruptcy. The stock fell sharply as these fundamental headwinds and year-over-year sales declines overshadowed the company's dividend declaration, resulting in the price dropping below the bear floor by the run date.
- Thu12Mar
Actual outcome: Bear · $25.74 at outcome
G-III Apparel reported a Q4 earnings and revenue miss, with sales dropping 8% year-over-year due to the loss of key licenses for Tommy Hilfiger and Calvin Klein, alongside disruptions from the Saks bankruptcy. Additionally, the company reported full-year GAAP EPS of $1.51, falling drastically short of its $2.72-$2.82 guidance, which triggered an 11% drop in the stock and sparked securities fraud investigations.
Peak shipping quarter results with crucial updates on holiday season margins and promotional environment.
