G-III Apparel (GIII)
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Why G-III Apparel Group (GIII) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-12-20 15:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...
Why Fast-paced Mover G-III Apparel (GIII) Is a Great Choice for Value Investors
ZACKS· 2024-12-18 14:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
G-III Apparel Q3 Earnings Beat Estimates, Retail Sales Rise Y/Y
ZACKS· 2024-12-11 15:10
G-III Apparel Group, Ltd.’s (GIII) third-quarter fiscal 2025 earnings beat the Zacks Consensus Estimate but sales missed the same. The company’s top line increased and bottom line declined year over year. In the fiscal third quarter, G-III Apparel Group focused on expanding its owned brands like DKNY, Karl Lagerfeld, Donna Karan and Vilebrequin while introducing new licensed products, such as Nautica and Champion outerwear. Enhanced marketing efforts, particularly digital campaigns, boosted consumer engagem ...
G-III Apparel Group Continues To Perform, But I Think It Has Reached Fair Value
Seeking Alpha· 2024-12-11 01:14
G-III Apparel Group (NASDAQ: GIII ) reported positive and in-line 3Q25 results, derisking the company's largest quarter of the year. Sales were flat compared to last year, but its own brands grew as much as 30% YoY, mainly via door expansion. Q3 included shipments related to theLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understandi ...
G-III Apparel (GIII) - 2025 Q3 - Earnings Call Transcript
2024-12-10 19:26
G-III Apparel Group, Ltd. (NASDAQ:GIII) Q3 2025 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants Morris Goldfarb - Chairman, Chief Executive Officer Neal Nackman - Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Ashley Owens - KeyBank Capital Markets Mauricio Serna - UBS Paul Kearney - Barclays Operator Good day! And thank you for standing by. Welcome to the G-III Apparel Group Third Quarter Fiscal 2025 Earnings Conference Call. At this time, all partici ...
ReGen III Appoints Tony Weatherill as Chief Executive Officer and President to Accelerate Commercial and Strategic Opportunities
Newsfile· 2024-12-02 05:01
ReGen III Appoints Tony Weatherill as Chief Executive Officer and President to Accelerate Commercial and Strategic OpportunitiesDecember 02, 2024 12:01 AM EST | Source: ReGen III Corp.Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company specializing in the upcycling of used motor oil ("UMO") into high-value Group III base oils, is delighted to announce the app ...
ReGen III Closes Final Tranche of Oversubscribed Private Placement
Newsfile· 2024-11-25 08:01
Core Viewpoint - ReGen III Corp. has successfully closed its second and final tranche of a non-brokered private placement, raising a total of $890,000 to support its operations in upcycling used motor oil into high-value base oils [1][3]. Fundraising Details - The final tranche involved the issuance of 1,800,000 Units at a price of $0.20 per Unit, generating gross proceeds of $360,000 [1]. - In total, across both tranches, the company issued 4,450,000 Units for gross proceeds of $890,000 [1]. - Each Unit consists of one common share and one common share purchase warrant, exercisable at $0.30 until November 22, 2027 [2]. Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes and working capital [3]. Patent Developments - ReGen III has received its official patent certificate for its re-refining and upgrading method for used oil, bringing the total number of issued patents for its ReGen™ process to twenty [5]. Corporate Initiatives - The company has retained Stockhouse Publishing Ltd. for $50,000 over six months to enhance its news dissemination and corporate awareness efforts [6]. Environmental Impact - The ReGen™ process is expected to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [7]. Operational Goals - ReGen III aims to become the world's largest producer of sustainable Group III base oil, operating in an underserved segment of the base oil market [8].
GIII Gains on Digital Innovation, International Growth & Solid Brands
ZACKS· 2024-11-19 15:00
G-III Apparel Group, Ltd.’s (GIII) strategic emphasis on digital innovation, omnichannel expansion, international growth and strategic brand partnerships underscores its commitment to building a globally competitive business. By leveraging strong marketing efforts, operational efficiencies and a robust brand portfolio, the company is well-positioned to capture market share, enhance profitability and achieve sustained growth. With a clear vision and focused strategies, G-III is poised to navigate industry ch ...
GIII Trading Above 200 & 50-Day SMA: How to Play the Stock Now?
ZACKS· 2024-10-28 14:31
Core Viewpoint - G-III Apparel Group, Ltd. (GIII) is experiencing strong upward momentum in its stock performance, trading above key moving averages, indicating positive market sentiment and investor confidence in its financial health and growth prospects [1][2]. Stock Performance - GIII's stock closed at $30.60, above its 200-day and 50-day simple moving averages of $28.72 and $29.62, respectively, reflecting a continued uptrend [2]. - The stock is currently 14.2% below its 52-week high of $35.68, reached on December 15, 2023, while gaining 13.3% over the past three months, outperforming the Zacks Textile - Apparel industry's growth of 9.5% [3]. Strategic Initiatives - GIII is focusing on global expansion and brand building, which has allowed it to outperform the broader Zacks Consumer Discretionary sector and the S&P 500 index, which grew by 6.6% and 6.1%, respectively [4]. - The company is enhancing its digital and omnichannel strategies, particularly for brands like DKNY and Karl Lagerfeld Paris, utilizing advanced technologies to drive online sales and customer engagement [6]. - GIII has increased its stake in AWWG, a European fashion group, expected to generate over $200 million in sales from the Iberian market within three to five years, strengthening its market presence in Spain, Portugal, and India [7]. Financial Performance - In the second quarter of fiscal 2025, GIII reported a 90-basis-point year-over-year increase in gross margin to 42.8%, driven by higher sell-through rates and a focus on higher-margin-owned brands [10]. - The company expects fiscal 2025 net sales to reach $3.2 billion, indicating a 3% year-over-year increase, supported by strong brand performance and effective cost management [11]. Earnings Estimates - Analysts have revised the Zacks Consensus Estimate for GIII's earnings per share upward by 38 cents to $4.01 for the current fiscal year, with the next fiscal year's estimate also advancing by 38 cents to $4.11 [12][13]. - The consensus estimates for sales are projected at $3.20 billion for the current year and $3.30 billion for the next year, reflecting year-over-year growth of 3.3% and 3.2%, respectively [13]. Valuation - GIII's shares are trading at a forward 12-month price-to-earnings ratio of 7.49, below the five-year median of 7.66 and the industry average of 13.01, indicating an attractive investment opportunity [14]. Investment Outlook - The robust upward momentum and strong technical indicators suggest a bullish trend for GIII stock, with ongoing advancements in e-commerce and new licensing agreements positioning the company for growth [16]. - The upward revisions in earnings estimates reflect positive analyst sentiment, enhancing investor confidence and indicating a promising outlook for G-III [17].
ReGen III Closes First Tranche of Oversubscribed and Expanded Private Placement
Newsfile· 2024-10-24 20:54
ReGen III Closes First Tranche of Oversubscribed and Expanded Private PlacementOctober 24, 2024 4:54 PM EDT | Source: ReGen III Corp.Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce that it has closed on an over-subscrib ...