G-III Apparel Group Form4 Filing Shows CEO Morris Goldfarb Buys 40K Shares Of Common Stock At An Average Price Of $27.94/Share
- SEC Filing
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G-III Faces a $460 Million Sales Hole as Calvin Klein, Tommy Hilfiger Exit Bites
G-III Apparel (NASDAQ: GIII) stock dropped after missing Q2 revenue estimates and issuing weak Q3 guidance. Key details inside.
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Telsey Advisory Group Maintains Market Perform on G-III Apparel Group, Lowers Price Target to $32
Telsey Advisory Group analyst Dana Telsey maintains G-III Apparel Group (NASDAQ:GIII) with a Market Perform and lowers the price target from $38 to $32.
Company News for Sep 3, 2026
Several companies reported earnings with mixed results. Ollie's Bargain Outlet surpassed expectations with adjusted earnings of $1.42 per share, driving shares up 2.1%. G-III Apparel Group missed revenue estimates, causing shares to plunge 11.5%. Palo Alto Networks fell 9.3% after reporting subscription revenues below consensus. Uber's shares rose 1.6% despite announcing a 10% workforce reduction.