Why Is G-III APPAREL GROUP (GIII) Stock Down Today?
By the Top Tier Newswire AI Desk · September 2, 2026 at 11:59 AM ET · reviewed against 12 wire stories
G-III APPAREL GROUP (GIII) is down -10.58% in the latest session. Our newswire has captured 12 stories on GIII across 8 sources in the last 36 hours, with AI sentiment reading mixed (avg 56/100).
Public view, delayed 4h. Every headline, price and sentiment read below — and this write-up itself — reaches Pro subscribers live. Public readers see it once it clears the delay.
GIII stock is down 10.58% at $28.77 as of the latest trade. The decline follows the company’s announcement of a downbeat outlook driven by key license expirations. The stock opened at $32.17 and has traded in a wide range, with a session high of $32.44 and a low of $28.40. The move reflects investor reaction to the guidance and earnings report.
What Happened
G-III Apparel Group reported second-quarter fiscal 2027 results on September 2, 2026, with non-GAAP earnings per share of $0.26, beating the $0.23 consensus estimate. However, revenue of $554.1 million fell short of the $568.4 million estimate. The company raised its full-year 2027 earnings per share guidance to a range of $2.20 to $2.30 from $2.15 to $2.25. Despite the earnings beat, the stock declined as the company flagged expected sales and profit declines due to the expiration of key licenses, including those for Calvin Klein and Tommy Hilfiger. These factors led to a weaker-than-expected revenue and a downward revision in Q3 sales guidance. An 8-K filing disclosed the results and outlined the impact of these license expirations on future performance.
What The Data Shows
The stock has traded between $24.61 and $37.54 over the past 52 weeks. The intraday session has shown a volume of 0.4 million shares, which is 0.7 times the 3-month daily average. The stock is currently trading below its 52-week high and near its 52-week low. The company has a market capitalization of $1.4 billion, a P/E ratio of 11.3, and a net margin of 4.3%. Revenue has declined by 7.8% in the trailing twelve months. The stock has also printed a 52-week low on September 2, indicating heightened bearish pressure.
What To Watch
The stock is likely to remain under pressure as the market digests the impact of the license expirations. Investors should monitor the company’s progress in its strategic brand shift and the full-year financial performance. The next earnings report could provide further clarity on the company’s path forward.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
G-III Apparel Group ( ($GIII) ) has issued an announcement. G-III Apparel Group reported second-quarter fiscal 2027 results on September 2, 2026, with net income pe...
11d agoSEC 8-KNEUTRAL 50General
G III APPAREL GROUP LTD /DE/ (GIII) files 8-K
Filed: 2026-09-02 AccNo: 0000950142-26-002481 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.01: Completion of Acquisition or Disposition of Assets Item 2.02: Results of Operations and Financial Condition Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
11d agoThe FlyBULLISH 63Earnings
G-III Apparel raises FY27 EPS view to $2.20-$2.30 from $2.15-$2.25
11d agoThe FlyBULLISH 62Earnings
G-III Apparel reports Q2 EPS 26c, consensus 23c
11d agoSeeking AlphaBULLISH 56Earnings
G-III Apparel Non-GAAP EPS of $0.26 beats by $0.03, revenue of $554.1M misses by $16.27M, raises FY guidance
G-III Apparel (GIII) Q2 EPS beats, revenue misses; FY2027 & Q3 guidance with CK/TH loss impact, plus stock move—get key takeaways now.
Want the next move before the crowd? The live terminal streams every headline in real time with watchlist alerts, AI sentiment, and the full data stack behind this page.Get Pro Access →