G-III guides USD 1.35-1.45 per share and G-III Apparel Group stock trades EUR 24.70
Published on 10/02/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
G-III guides USD 1.35-1.45 per share and G-III Apparel Group stock trades at EUR 24.70 on October 2, 2026. The company set that third-quarter diluted earnings per share range in guidance published September 2, while its Lang & Schwarz quote stood at EUR 24.70, up 0.82 percent versus the prior close of EUR 24.50.
Guidance weighs sales against earnings
According to MarketScreener on September 2, 2026, G-III expects third-quarter net income of USD 59.0 million to USD 64.0 million and diluted earnings per share of USD 1.35 to USD 1.45. The same guidance put third-quarter net sales at USD 870.0 million, compared with USD 988.6 million in the prior-year quarter.
The latest quarter shows the tension behind that outlook. G-III reported net sales of USD 554.09 million for the three months ended July 31, 2026, down from USD 613.27 million a year earlier, while net income rose to USD 20.21 million from USD 10.94 million.
Profit gains meet brand transition
The six-month figures sharpen the contrast. Revenue reached USD 1.09 billion for the period ended July 31, 2026, versus USD 1.20 billion in the prior-year period, while net income increased to USD 86.75 million from USD 18.70 million. Operating cash flow also reached USD 178.73 million in the six months ended July 31, 2026.
StockTitan reports that G-III completed its Marc Jacobs transaction on September 1, 2026, with an investment of USD 500.0 million. The filing also identifies USD 529.19 million in cash and cash equivalents as of July 31, 2026, against USD 7.84 million in notes payable.
Stock remains below yearly high
G-III stock was trading at EUR 24.70 at Lang & Schwarz on October 2, 2026 at 2:30 p.m. CEST, plus 0.82 percent versus the Lang & Schwarz prior close of EUR 24.50 on October 1, 2026. On Nasdaq, the primary exchange, the finance quote showed USD 27.57 at October 1, 2026 at 8:00 p.m. UTC, with a 52-week range of USD 24.61 to USD 37.54.
G-III Apparel Group market snapshot
- Company: G-III Apparel Group, Ltd.
- ISIN: US36237H1014
- Ticker: GIII
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 2, 2026, 2:30 p.m. CEST): EUR 24.70
- Change versus prior close: plus 0.82 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 24.50
- Market capitalization: USD 1.2 billion (as of October 1, 2026)
- 52-week range: USD 24.61-37.54 (as of October 1, 2026)
- Sector / Industry: Consumer Cyclical / Apparel - Manufacturers
