G-III Apparel GroupGIII
Market Cap: $1.45B
About: G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
Employees: 4,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
4% more funds holding
Funds holding: 205 [Q1] → 213 (+8) [Q2]
2.87% less ownership
Funds ownership: 99.9% [Q1] → 97.03% (-2.87%) [Q2]
10% less capital invested
Capital invested by funds: $1.31B [Q1] → $1.18B (-$134M) [Q2]
10% less call options, than puts
Call options by funds: $3.85M | Put options by funds: $4.29M
18% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 78
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 1%downside $32 | Market Perform Maintained | 6 Sept 2024 |
Keybanc Noah Zatzkin 52% 1-year accuracy 13 / 25 met price target | 6%upside $34 | Overweight Maintained | 6 Sept 2024 |
Barclays Paul Kearney 67% 1-year accuracy 4 / 6 met price target | 16%downside $27 | Underweight Maintained | 6 Sept 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 10%downside $29 | Market Perform Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 12 articles about GIII published over the past 30 days