G-III designs, sources and markets apparel and accessories under owned, licensed and private label brands. G-III's substantial portfolio of more than 30 licensed and proprietary brands is anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger and Karl Lagerfeld Paris. G-III's owned brands include DKNY, Donna Karan, Vilebrequin, G.H. Bass, Eliza J, Jessica Howard, Andrew Marc and Marc New York. G-III has fashion licenses under the Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Kenneth Cole, Cole Haan, Guess?, Vince Camuto, Levi's and Dockers brands. Through its team sports business, G-III has licenses with the National Football League, National Basketball Association, Major League Baseball, National Hockey League and over 150 U.S. colleges and universities. G-III also distributes directly to consumers through its DKNY, Karl Lagerfeld Paris and Vilebrequin stores and its digital channels for the DKNY, Donna Karan, Vilebrequin, Karl Lagerfeld Paris, Andrew Marc, Wilsons Leather and G.H. Bass brands.

Company profile
Ticker
GIII
Exchange
Website
CEO
Morris Goldfarb
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ANTE CORP
SEC CIK
Corporate docs
Subsidiaries
G-III Leather Fashions, Inc. • AM Retail Group, Inc. • CK Outerwear LLC • G-III Apparel Canada ULC • G-III Hong Kong Limited • Kostroma Limited • Hangzhou G-III Apparel Trading Co., Ltd • G-III License Company, LLC • Riviera Sun, Inc. • G-III Brands, Ltd. ...
IRS number
411590959
GIII stock data
News

Benzinga's Top Ratings Upgrades, Downgrades For July 21, 2022
21 Jul 22
Where G-III Apparel Group Stands With Analysts
21 Jul 22
Keybanc Initiates Coverage On G-III Apparel Group with Overweight Rating, Announces Price Target of $27
21 Jul 22
UBS Maintains Neutral on G-III Apparel Group, Lowers Price Target to $22
15 Jul 22
Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022
11 Jul 22
Analyst ratings and price targets
Current price
Average target
$25.60
Low target
$20.00
High target
$37.00
Keybanc
Initiated
$27.00
UBS
Maintains
$22.00
Wells Fargo
Initiated
$20.00
Barclays
Maintains
$22.00
B. Riley Securities
Maintains
$37.00
Investment data
Securities sold
Number of investors
Calendar
7 Jun 22
13 Aug 22
31 Jan 23
Financial summary
Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
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Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Jan 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 438.41M | 438.41M | 438.41M | 438.41M | 438.41M | 438.41M |
Cash burn (monthly) | 9.19M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 31.78M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 406.63M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 44.2 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jun 22 | Morris Goldfarb | Common Stock, Par Value $.01 Per Share | Payment of exercise | Dispose F | No | No | 22.2 | 13,539 | 300.57K | 1,844,964 |
15 Jun 22 | Aaron Sammy | Common Stock, Par Value $.01 Per Share | Payment of exercise | Dispose F | No | No | 22.2 | 9,778 | 217.07K | 453,012 |
15 Jun 22 | Nackman Neal | Common Stock, Par Value $.01 Per Share | Payment of exercise | Dispose F | No | No | 22.2 | 1,259 | 27.95K | 94,366 |
15 Jun 22 | Goldfarb Jeffrey David | Common Stock, Par Value $.01 Per Share | Payment of exercise | Dispose F | No | No | 22.2 | 3,554 | 78.9K | 472,631 |
9 Jun 22 | Robert L Johnson | Common Stock, Par Value $.01 Per Share | Grant | Acquire A | No | No | 0 | 5,086 | 0 | 15,191 |
Institutional ownership, Q1 2022
91.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 227 |
Opened positions | 36 |
Closed positions | 28 |
Increased positions | 82 |
Reduced positions | 69 |
13F shares | Current |
---|---|
Total value | 1.2B |
Total shares | 44.23M |
Total puts | 216.36K |
Total calls | 112.6K |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.58M | $205.14M |
Vanguard | 4.87M | $131.86M |
Dimensional Fund Advisors | 3.3M | $89.27M |
FMR | 2.36M | $63.94M |
Cramer Rosenthal MCGLYNN | 1.94M | $52.49M |
STT State Street | 1.65M | $44.51M |
RY Royal Bank Of Canada | 1.19M | $32.3M |
Wasatch Advisors | 1.07M | $28.89M |
Candlestick Capital Management | 1M | $27.05M |
GS Goldman Sachs | 896.96K | $24.26M |
Financial report summary
?Management Discussion
- Net sales for the three months ended April 30, 2022 increased to $688.8 million from $519.9 million in the same period last year. Net sales of our segments are reported before intercompany eliminations.
- Net sales of our wholesale operations segment increased to $680.9 million for the three months ended April 30, 2022 from $511.5 million in the comparable period last year. This increase is primarily the result of a $67.0 million increase in net sales of Calvin Klein licensed products, a $27.9 million increase in net sales of our DKNY and Donna Karan products, a $20.9 million increase in net sales of Karl Lagerfeld Paris licensed products and a $14.8 million increase in net sales of Tommy Hilfiger licensed products. The increase in sales of Calvin Klein products was primarily related to dresses, women’s suits, handbags and jeanswear. The increase in sales of DKNY/Donna Karan products was primarily related to dresses, handbags and swimwear. The increase in sales of Karl Lagerfeld Paris products was primarily related to handbags, men’s outerwear and sportswear. The increase in sales of Tommy Hilfiger products was primarily related to jeanswear and dresses.
- Net sales of our retail operations segment increased to $27.9 million for the three months ended April 30, 2022 from $19.4 million in the same period last year. This increase is primarily due to an increase in our store count in the current year. The number of retail stores operarted by us increased from 50 at April 30, 2021 to 60 at April 30, 2022. In addition, the continued recovery from the COVID-19 pandemic resulted in increased store traffic and comparable store sales during the three months ended April 30, 2022 compared to the same period last year.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
Additionally, aforementioned, agreed, ASU, Bloomingdale, broader, burden, cargo, carrier, cease, channel, civil, commerce, creative, efficient, enhance, food, footprint, fuel, growth, hand, hedging, heightened, indexed, indirect, influential, innovative, intensified, jeanswear, key, led, legacy, logistical, London, macroeconomic, men, met, military, ofApril, operarted, opportunity, Overnight, presence, pursue, recovery, reliance, Russia, Scope, severly, SOFR, threat, Ukraine, unfavorable, unrest, viable, volatility, wholly, Zalando
Removed:
accrual, application, apply, calculate, calculated, closure, commencing, confirmed, consisted, contest, contributor, declined, eased, efficacy, evidence, forward, governmental, Historically, imposed, impractical, lack, leasing, lessening, matching, occurred, personal, practice, precision, preferability, preferable, principle, profitable, prospectively, provision, realized, receipt, recording, rest, restructured, restructuring, retained, retrospectively, reversal, reviewed, September, shopping, unemployment, vaccinate, vigorously
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 22
8-K
G-iii Apparel Group, LTD. Announces First Quarter Fiscal 2023 Results
7 Jun 22
8-K
G-iii Apparel Group Completes Acquisition of Iconic Karl Lagerfeld Brand
2 Jun 22
8-K
Regulation FD Disclosure
2 May 22
8-K
Entry into a Material Definitive Agreement
31 Mar 22
8-K
G-iii Apparel Group, LTD. Announces the Election of Lisa Warner Wardell and Patti H. Ongman to Its Board of Directors
31 Mar 22
8-K
Entry into a Material Definitive Agreement
24 Mar 22
8-K
G-iii Apparel Group, LTD. Announces Fourth Quarter and Full-year Fiscal 2022 Results
17 Mar 22
8-K
Departure of Directors or Certain Officers
3 Dec 21
8-K
G-iii Apparel Group, LTD. Announces Third Quarter Fiscal 2022 Results
1 Dec 21
Registration and prospectus
S-8
Registration of securities for employees
21 Jun 22
S-8
Registration of securities for employees
21 Jun 21
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Jun 21
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Jun 21
S-8
Registration of securities for employees
25 Jun 19
D
$75M in equity, sold $75M, 1 investor
11 Dec 16
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Mar 16
POS AM
Prospectus update (post-effective amendment)
20 Mar 16
S-8
Registration of securities for employees
9 Jul 15
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Mar 15
Other
SD
Conflict minerals disclosure
31 May 22
UPLOAD
Letter from SEC
28 Feb 22
CORRESP
Correspondence with SEC
8 Feb 22
UPLOAD
Letter from SEC
25 Jan 22
SD
Conflict minerals disclosure
1 Jun 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
Ownership
4
G III APPAREL / Jeffrey David Goldfarb ownership change
17 Jun 22
4
G III APPAREL / NEAL NACKMAN ownership change
17 Jun 22
4
G III APPAREL / Sammy Aaron ownership change
17 Jun 22
4
G III APPAREL / MORRIS GOLDFARB ownership change
17 Jun 22
4
G III APPAREL / LISA W WARDELL ownership change
13 Jun 22
4
G III APPAREL / Patti H Ongman ownership change
13 Jun 22
4
G III APPAREL / RICHARD WHITE ownership change
13 Jun 22
4
G III APPAREL / CHERYL L VITALI ownership change
13 Jun 22
4
G III APPAREL / LAURA H POMERANTZ ownership change
13 Jun 22
4
G III APPAREL / ALAN FELLER ownership change
13 Jun 22
Transcripts
2023 Q1
Earnings call transcript
7 Jun 22
2022 Q4
Earnings call transcript
17 Mar 22
2022 Q3
Earnings call transcript
1 Dec 21
2021 Q2
Earnings call transcript
2 Sep 21
2022 Q1
Earnings call transcript
7 Jun 21
2021 Q3
Earnings call transcript
8 Dec 20
2021 Q2
Earnings call transcript
9 Sep 20
2021 Q1
Earnings call transcript
4 Jun 20
2020 Q3
Earnings call transcript
4 Dec 19
2020 Q2
Earnings call transcript
5 Sep 19
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