G-III Apparel Group (GIII) Surpasses Q1 Earnings and Revenue Estimates

Company Performance - G-III Apparel Group reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and up from $0.12 per share a year ago, representing an earnings surprise of 58.33% [1] - The company posted revenues of $583.61 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.59%, but down from $609.75 million in the same quarter last year [2] - Over the last four quarters, G-III Apparel has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.54 on revenues of $620.3 million, and for the current fiscal year, it is $4.22 on revenues of $3.14 billion [7] - The estimate revisions trend for G-III Apparel is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Textile - Apparel industry, to which G-III Apparel belongs, is currently in the bottom 25% of over 250 Zacks industries, which may impact the stock's performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially affect stock performance [5][8]